The Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, and the Governor of the Central Bank of Congo (BCC), André Wameso Nkualoloki, agreed on Monday in Casablanca to establish a technical cooperation framework between the two institutions.
The agreement, reached on the sidelines of the Africa Financial Summit (AFIS 2025), aims to strengthen bilateral collaboration and exchange expertise in several priority areas, according to a joint press release.
The cooperation framework will focus on four main areas:
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Digitization of financial services,
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Organization of the foreign exchange market,
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Regulation of innovative financial products based on blockchain technology, and
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Support for the Central Bank of Congo’s mint in implementing cost accounting systems for its operations.
Both central banks also discussed the prioritization of collaboration areas within the new partnership framework and expressed their satisfaction with the constructive discussions held in Casablanca.
The two institutions reaffirmed their commitment to deepening bilateral cooperation, emphasizing the shared objective of promoting innovation, financial inclusion, and institutional modernization across Africa’s banking systems.
