Investment and Development Funds

A historical leader, a pan-African success, an international deployment

Born more than 6 years ago, the Investment and Development Funds today has more than 4,000 employees. The performance is there, since the Group had a consolidated balance sheet total of 7.8 billion euros at December 31, 2021 and recorded a consolidated net profit of 164.5 million euros on that date.

Since 2019, the Investment and Development Funds has been majority owned by BMCE Bank (Banque Marocaine du Commerce Exterieur), the 3rd largest bank in Morocco. BMCE Bank provides powerful strategic and operational support to the Investment and Development Funds as well as direct access to international markets thanks to its presence in Europe and Asia.

The Investment and Development Funds is now established in 22 countries, including 8 in West Africa, 8 in East Africa and the Indian Ocean, in the Democratic Republic of Congo, as well as in France, through a network of 13 commercial banks, 1 holding company, 2 regional holding companies, 1 investment company, 2 technical assistance subsidiaries, 2 IT processing and assistance companies, and 1 representative office in Addis Ababa.