First Independent Mena Newspaper
Casablanca Finance City (CFC) has leapt four places in the Global Financial Centers Index 24 (GFCI24) taking the 28th position. CFC outperformed Seoul, Taipei and Doha ranking the fourth best financial hub in the MENA region behind Dubai, Tel Aviv and Abu Dhabi. At the international level, New York has overtaken London as the world’s […]
Africa practice, a pan-African strategy and communications consulting firm, has joined Casablanca Finance City, the 1st financial center in Africa, according to the 2018 Global Financial Center Index Set up in 2003, Africa practice advises some of the largest institutions, companies and investors on the continent. It operates from seven African offices and delivers assignments […]
Casablanca Finance City (CFC) signed a partnership agreement with Xicheng District Financial Development Promotion Center (XDFDPC) to promote investment opportunities between the two countries. The agreement is in line with CFC’s expansion strategy after it signed similar agreements with London, Luxembourg, Montreal, Paris, Astana and Busan. Under this agreement, the two parties shall cooperate in […]
Morocco’s economic growth and the foreign direct investments it attracts are luring international insurance companies such as Lloyds, which has recently inaugurated a branch in Casablanca. Lloyds, which has acquired the status of the Casablanca Finance City (CFC), sees in Morocco enormous growth potential, Inga Bealesa, President of the British insurance giant, told local paper […]
Chairman of Casablanca Finance City Authority (CFCA), Said Ibrahimi, sees positive prospects in the horizons as CFC strengthens its position as Africa’s leading financial hub. Speaking at press conference Ibrahimi said that members of Casablanca Finance City (CFC) have so far contributed 75% of the overall investments carried out by Morocco in Africa. He said […]
Lloyds, the world leader in insurance & reinsurance, is bracing to install its African base in Casablanca Finance City (CFC), says Moroccan newspaper l’Economiste. After several months of talks, Lloyds group has finally obtained CFC status, which allows the British firm to operate in Casablanca and sell its services & products to African countries. CFC, […]
Morocco was ranked third in Africa’s fastest growing reinsurance markets in the Africa Reinsurance Pulse 2016, an annual report issued by Schanz, Alms & Company. “Kenya, Nigeria and Morocco are the fastest growing reinsurance markets, driven by the size and diversity of their economies, a young and growing population and advanced regulatory regimes,” says the […]
Casablanca Finance City has outstripped Johannesburg and Mauritius to become the leading financial center in Africa as it topped the continent’s ranking established by the Global Financial Centers Index (GFCI.) At the global level, CFC stands on the 33rd position of the ranking established by GFCI which ranks financial centers according to one main criteria: […]
Leading international law firm, Clifford Chance, has officially opened its office in Casablanca on Thursday, giving the firm’s strong Africa practice its first permanent on the ground presence in the continent. The new office will act as a hub for clients across North and Sub-Saharan Africa and will build on the firm’s extensive existing business […]