First Independent Mena Newspaper
The United States formally inaugurated its new Consulate General in Casablanca on Thursday, at a ceremony held at Casablanca Finance City attended by senior Moroccan and American officials. The new complex, built at a cost of over $350 million on a site of nearly 2.7 hectares, is approximately ten times the size of its predecessor […]
UnionPay International (UPI) has received Casablanca Finance City (CFC) status, a premier label & regulatory framework granted to companies targeting African business. By securing this status, UPI joins an elite group of multinational institutions benefiting from a specialized legal, fiscal, and regulatory framework designed to foster regional integration as CFC serves as a strategic gateway […]
Casablanca Finance City Authority (CFCA) has launched the “Green Assets Cluster”, a strategic move seeking to position the city as a leading hub for carbon markets in Africa. The announcement of this landmark initiative was made Tuesday by CFCA Director General Saïd Ibrahimi during a conference held in Casablanca on “Scaling up carbon market in […]
The Casablanca Finance City impressive growth and its rapidly mushrooming new high-rise buildings stand as a model for African development and a gateway for international investment into Africa, said the Guardian daily. The attractive tax regime of Morocco’s financial center has brought in entities from across the globe. It now hosts 240 companies, including Huawei […]
Casablanca Finance City (CFC) has maintained its position as the leading African financial center in the half-yearly rankings of the 34th edition of the Global Financial Centers Index (GFCI) that has also included Mauritius, Kigali, Johannesburg, Nairobi, Cape Town, and Lagos on the list. Within the North Africa and Middle East region, the leading Moroccan […]
Morocco’s Casablanca Finance City topped the continental ranking in the financial centres index, holding the 54th spot globally out of 119, according to a recent report released this March by Long Finance & Financial Centre Futures. Casablanca continues to be the leading African financial centre, while Cape Town and Johannesburg continue to improve their ranking […]
Casablanca Finance City (CFC) has retained its ranking as the first financial center on African continent on Global Financial Centers Index (GFCI). The latest GFCI report, the 30th edition, ranks CFC 53rd globally, 4th in the Middle East region and the first on the African continent. CFC dominates Cape Town (62nd), Johannesburg (64th), Mauritius (73rd) […]
Casablanca Finance City (CFC) and Belgian Finance Center (BFC) have signed a partnership deal, laying the foundations for a lasting cooperation in promoting investment opportunities between Belgium, Morocco and Africa. The partnership will provide a platform for exchange, encouragement of best practices, and knowledge sharing in the fields of SME financing and corporate governance, the […]
Casablanca Finance City (CFC) has been ranked 46th in the 2020 Global Financial Centre Index (GFCI) which evaluates the competitiveness and performance of world leading financial centers. Last year, CFC was ranked 41th among the global financial hubs. Although it dropped this year five places due to several regional and international factors, Casablanca remains the […]
Casablanca Finance City (CFC) and Toronto Finance International (TFI) signed, Thursday in Toronto, a Memorandum of Understanding (MoU) to promote their cooperation and facilitate increased access to the two financial centers. The partnership agreement will also provide a platform to promote best practices in the areas of green finance and green infrastructure and share information […]