BMCE Bank of Africa, one of Morocco’s largest banks, has crafted its continental ambition and plans to grow its operations and expand rapidly in Africa outside of Morocco between now and 2021. To mark the change, BMCE is going to become simply Bank of Africa in September. It became the majority shareholder of BOA in 2010. While BMCE has not been popular with stock-market investors due to its slow growth in sub-saharan Africa, it is raising funds to change that. Its three-year fundraising target is about $658m, some of which president Othman Benjelloun says is soon to come from a new strategic foreign investor.