Banque marocaine du commerce extérieur (BMCE) Bank Group will provide a one million-dollar African Entrepreneurship Award, BMCE Bank Group CEO Othman Benjelloun declared at a panel held within the framework of the fifth Global Entrepreneurship Summit, under the theme “Harnessing the Power of Technology for Innovation and Entrepreneurship”, reported Morocco World News.

Benjelloun added that the Award will be established in partnership with internationally-recognized stakeholders, and it will be granted annually to young African entrepreneurs.

Noteworthy, “The first prize will be awarded in 2015,” the CEO noted, adding that “the conditions to apply for the award will be posted shortly on the website of BMCE Bank.”