France Launches a Fund of One Hundred Million Euros!

The French public investment bank has announced the launch of a fund of one hundred million euros to support French companies looking to invest or enhance their presence in Morocco, Algeria, and Tunisia. The bank, known as "BPI France," stated in a press release that this initiative aims to "meet the needs of French companies wishing to launch or enhance projects in the Maghreb," in partnership with stakeholders in the region. The project covers the period from 2024 to 2027, targeting various sectors such as industry, energy, agriculture, and pharmaceuticals, according to the same source. The fund will operate through "various investment, financing, guarantee, and support mechanisms."