Libreville, January 11, 2022 –

BGFI Holding Corporation and Afreximbank signed a loan agreement for a total amount of €30 million on December 7, 2021, at the respective headquarters of the two institutions in Cairo and Libreville.

Paris-based advisory firm AM Capital acted as advisor to BGFI Holding Corporation for this transaction.

This senior loan agreement, which sets out the guiding principles and terms of cooperation between BGFI Holding Corporation, advised on this occasion by Paris-based AM Capital, and Afreximbank, establishes the framework for a long-term partnership between the two parties.

The financing provided under this partnership is intended to support the BGFIBank Group in implementing the investment program set out in its “DYNAMIQUE 2025” strategic plan. The program focuses in particular on the Group’s continued development, including geographic expansion, business development, strengthening the equity of its growth divisions, as well as investments in information systems and digital transformation.

“In recent years, we have demonstrated steady and significant growth in our revenues, operating margins, and assets by focusing on trade finance and asset management activities in Central and West Africa, regions that continue to experience sustained growth.

This first euro-denominated transaction by our holding company opens the door to new opportunities to access the capital markets to finance the Group and offer innovative financing solutions to our clients. We will continue to work with Afreximbank and draw on its extensive experience in the pan-African banking sector,” stated Mr. Henri-Claude OYIMA, Chairman and Chief Executive Officer of the BGFIBank Group.