Multinational - Capacity Building Support Project of the Maghreb Bank for Investment and Foreign Trade (BMICE)


Project Summary

Approval Date 12 Dec 2018
Signature Date 21 Feb 2019
Planned Completion Date 30 Nov 2021
Last Disbursement Planned Date 30 Nov 2021
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 356,000
Status Implementation

Project General Description

The present intervention concerns the Capacity Building Support Project of the Maghreb Bank for Investment and Foreign Trade (BMICE). It aims to provide BMICE with a grant to carry out several important activities. The project is structured around the following components: (1) establishment of the information system and the development of procedure manuals; and (2) capacity building.

Project Objectives

The overall objective of the project is to benefit BMICE: (i) the know-how of the African Development Bank, through the transfer of its technical knowledge to BMICE staff with a view to helping them successfully set up their various structures, (ii) assistance in formalising procedures relating to the highest priority operations, (iii) financing for the acquisition of certain tools necessary for its information and communication system, and (iv) assistance in financing and developing priority economic studies and technical expertise activities.

Beneficiaries

The main beneficiary of the project is the Maghreb Bank for Investment and Foreign Trade (BMICE).

Participating Organization

Funding
Middle Income Countries Fund
Implementing
BMICE Banque Maghrébine d#Investissement et de Commerce Extérieur

Information

IATI identifier 46002-P-Z1-HAA-091
Last Update 16 Jan 2020

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Contact Details

Name SEKIOUA Sofiane Hicham
Email s.sekioua@afdb.org

Geographic Location

Country Multinational