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Atlantic Microfinance for Africa (AMIFA), a subsidiary of Morocco’s Groupe Banque Centrale Populaire (Groupe BCP) operating in eight African countries including Rwanda, has won an excellence award in the category of “Building an Inclusive Financial Sector in Africa.”
The recognition was presented at the 7th Financial Afrik Awards (7FAA 2026), held Jan. 22–23 in Banjul. The awards honor financial institutions that advance inclusive finance across the continent.
AMIFA, with a capital of 897.4 million Moroccan dirhams (approximately 354.7 billion Rwandan francs), was established by Groupe BCP to lead and manage initiatives promoting small and medium-sized financial institutions in Africa. Its branches currently operate in Burkina Faso, Côte d’Ivoire, Gabon, Guinea, Madagascar, Mali, Rwanda, and Senegal.
The award underscores AMIFA’s commitment to financial inclusion and its efforts to expand access to capital for small businesses and underserved populations across Africa.
After receiving the award, AMIFA Holding CEO Mouhssine Cherkaoui said, “This recognition highlights the dedication and impact of Groupe BCP’s initiatives, implemented through AMIFA, to support financial partnerships. It reflects the tangible results of our work in improving access to finance for small businesses and individuals lacking sufficient capital.”
Cherkaoui added that AMIFA’s work aims to reduce the financial gap for thousands of economic actors, while supporting sustainable development in regions including the West African Economic and Monetary Union (UEMOA), Central Africa (CEMAC), and the Indian Ocean area.
He dedicated the award to AMIFA’s clients, partners, and its more than 1,100 employees who uphold the values of customer proximity, innovation, teamwork, and commitment.
Since its founding in 2018, the Financial Afrik Awards have become a major event for Africa’s financial sector, bringing together leaders in finance, economics, and public policy to share insights, celebrate progress, and foster collaboration.
The awards ceremony, supported by Gambian President Adama Barrow, also provides a platform for dialogue among policymakers, investors, entrepreneurs, startups, and experts on Africa’s economic and financial development.
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