The agreement, signed on February 17, 2020, follows visits to Paris by the Chairman and Chief Executive Officer of the BGFIBank Group, Henri-Claude Oyima, in November and December of the previous year.

It will enable both institutions to pool their expertise and financial capacity in support of French companies seeking to expand their export activities into African markets. The agreement was signed at the premises of BGFIBank Europe by its Chief Executive Officer, Francesco De Musso, and by Pedro Novo, Executive Director in charge of Export at Bpifrance.

BGFIBank Europe is the European platform of the BGFIBank Group, the leading financial group in Central Africa, operating in eleven countries across two continents. Based in Paris, BGFIBank Europe primarily focuses on financing international operations, financial advisory services, and providing banking services to corporates and financial institutions. It is authorized by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) as a credit institution specialized in corporate banking.

Bpifrance is the French public investment bank, jointly owned by the French State and the Caisse des Dépôts et Consignations. It is responsible for supporting French companies in their development by providing financing solutions and tailored support at key stages of their growth. Its scope of intervention is broad, ranging from traditional financing and equity investments to insurance and guarantees.