Bank of Africa

company 1 Deal 4 Partners

Bank of Africa, part of the BMCE Bank of Africa Group, is a leading pan-African banking institution headquartered in Casablanca, Morocco, with a vast network across over 30 countries. It provides a full range of banking services, including corporate and investment banking, supporting various infrastructure sectors.

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Founded 1959 15,000 employees Parent: BMCE Bank of Africa Group

BankLender

Strategic Overview

Strong focus on supporting economic development and infrastructure projects across Africa.
Active in project finance for large-scale national and regional infrastructure initiatives.
Committed to financing renewable energy projects as part of its sustainable development strategy.

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Deal History (1)

Noor Atlas 305 MW solar program launched in Morocco with PPA signings and construction commencement

Lender Solar Morocco Mar 10, 2026

Investment Focus

Technologies

Solar1

Geography

Morocco1

Key People

Othman Benjelloun

Chairman and CEO

Brahim Benjelloun-Touimi

Group Managing Director

Track Record

Years Active

Notable projects: Nador West Med Port Complex, Noor Ouarzazate Solar Complex, Tangier Med Port Expansion

Detailed Analysis

Sectors

Transport InfrastructureRenewable EnergyUtilitiesTelecommunications InfrastructureMining InfrastructureIndustrial Infrastructure

Geographies

MoroccoBeninBotswanaBurkina FasoBurundiCameroonRepublic of the CongoCôte d'IvoireDjiboutiDemocratic Republic of the Congo

Deal Stage

Project FinanceCorporate Finance

Deal Structure

Debt FinancingSyndicated Loans

Subsidiaries

Bank of Africa MaliBank of Africa Côte d'IvoireBank of Africa KenyaBMCE CapitalSalafin

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