Morocco’s CDG Capital and French public investment bank Bpifrance have signed a Memorandum of Understanding (MoU) to strengthen financial and industrial cooperation between the two countries. The agreement aims to establish a framework for co-financing strategic projects and tightening the connection between the Moroccan and French economic ecosystems.
Quick Facts
- MoU signed between CDG Capital and Bpifrance.
- Focus on co-financing strategic national projects.
- Key sectors include energy, industry, and infrastructure.
A Framework for Strategic Co-Financing
The new agreement sets the stage for enhanced collaboration in priority sectors critical to Morocco’s development, including energy, infrastructure, industry, and sustainable mobility. The partnership will leverage the combined expertise of both institutions in financing and business support to smooth investment flows into the Kingdom.
“The signing of this memorandum with Bpifrance reflects a shared ambition: to sustainably connect the Moroccan and French ecosystems and support the financing of structuring projects for the Kingdom,” said Meriem Laraichi, Director of the Development Division at CDG Capital.
“Thanks to our expertise in structuring and arranging financing, and in mobilizing funding, CDG Capital intends to contribute to robust structures, adapted to local realities, for the benefit of industrial ecosystems,” she added.
Bridging Moroccan and French Business Ecosystems
Through this partnership, CDG Capital and Bpifrance will work to support projects led by companies from both countries, promote stronger business-to-business connectivity, and develop tailored financing solutions.
“The economic relationship between France and Morocco is currently one of the most dynamic on the African continent, driven by mutual trust and a shared long-term vision,” stated Olivier Vincent, Executive Director of Export at Bpifrance.
Following the signing, the two institutions held a joint business forum that brought together over 250 French and Moroccan participants to identify tangible investment opportunities.
“In this context, the strategic partnership with CDG takes on its full meaning, supporting structuring projects and future partnerships between French and Moroccan companies,” Vincent concluded.
About CDG Capital
CDG Capital is a leading investment bank in Morocco, offering a wide range of services including corporate finance, capital markets, asset management, and financial advisory. It is a key player in financing and supporting major development projects within the Kingdom.
Source: Morocco World News
