As part of its commitment to innovation and supporting economic ecosystems, BANK OF AFRICA has unveiled an innovative solution: SCF by BOA. This collaborative digital platform introduces a self-service approach tailored for buyers and their suppliers, simplifying financing procedures and streamlining the onboarding process. By seamlessly integrating all players within the supply chain, SCF by BOA signals a new chapter for Supply Chain Finance in Morocco.
The platform offers advanced features designed to meet the specific needs of buyers and suppliers alike. It provides immediate access to competitive financing, optimizes payment schedules, and accelerates cash flow management. With comprehensive reporting services and enhanced payment visibility, SCF by BOA fosters trust, strengthens business relationships, and minimizes the risk of supply chain disruptions.
Since its launch in September 2023, SCF by BOA has proven its ability to address the demands of complex ecosystems. The OCP Group, Morocco’s leading buyer, was the first to adopt this program, showcasing its potential to transform supply chain finance. By fully digitalizing its services, BANK OF AFRICA is solidifying its role as a driver of innovation and competitiveness for Moroccan enterprises.
To extend the reach of SCF by BOA, BANK OF AFRICA has introduced a comprehensive support system, including tailored training programs for buyers and their ecosystems. This initiative ensures a smooth integration of the platform into existing workflows while empowering businesses to unlock its full potential.
Through SCF by BOA, BANK OF AFRICA reaffirms its position as a leader in promoting a sustainable and digitized Moroccan economy. By offering businesses a turnkey solution for financial flow management and supply chain resilience, the bank continues to establish itself as a key partner in fostering economic growth and innovation.
