Chinese companies are investing more money in Africa than ever before. BANK OF AFRICA wants to be the bank that helps make those deals happen. The Moroccan banking group signed two cooperation agreements in Beijing on Tuesday to boost trade, investment and business ties between China and Africa.
One agreement was signed with China International Exhibition Center Group (CIEC Group), which organises the China International Supply Chain Expo. The next edition of the event is due to take place in Beijing in 2027.
BANK OF AFRICA said it will use its network, including its branch in Shanghai, to help African companies and business delegations take part in the exhibition. The aim is to connect African businesses with new partners and help them access global supply chains.
The second agreement was signed with the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), one of China’s largest trade organisations.
The deal aims to strengthen business links between China, Morocco and the countries where BANK OF AFRICA operates. It also focuses on supporting investment and industrial projects.
The agreements come as trade between China and Africa reaches record levels. Trade between the two sides hit $348bn in 2025, the highest level ever recorded.
China exported about $225bn worth of goods to Africa last year, while imports from Africa stood at around $123bn.
Chinese products such as solar panels, electric vehicles and construction equipment are becoming increasingly popular across the continent. These are among the sectors expected to benefit from the new partnerships.
BANK OF AFRICA says it wants to act as a bridge between Chinese companies looking to grow in Africa and African markets looking for investment.
The bank operates in 31 countries and plans to offer financing, trade finance and banking services to Chinese companies expanding across the continent.
The agreements also come as Morocco and China mark ten years since signing their strategic partnership.
Morocco has been attracting growing Chinese investment, particularly in electric vehicle batteries, car manufacturing and renewable energy projects. The country is increasingly positioning itself as a gateway for Chinese companies looking to do business across Africa.
Earlier this year, Casablanca hosted the Moroccan edition of the China-Africa Economic and Trade Expo, bringing together nearly 250 companies from China and Africa to explore new business opportunities.
