Casablanca Finance City

Casablanca Finance City (CFC) (Arabic: القطب المالي للدار البيضاء) is an economic and financial center located in Casablanca, Morocco. Its goal is to act as a bridge between north and south by attracting international institutions and investors to invest and operate in North, West, and Central Africa, with Casablanca serving as the gateway to the region. The center focuses on three business categories: financial companies, professional services providers, and regional or international headquarters of multinationals.

CFC was established by law No. 44-10 in December 2010, which created the "CFC Status." The Casablanca Finance City Authority is responsible for managing and promoting CFC. Companies with this status are eligible for tax incentives, exchange control facilitation measures, and other benefits. They can also relocate to the CFC real estate development compound, located at the former Anfa Airport. As of the end of 2015, a hundred groups had obtained CFC status.

In 2014, Casablanca Finance City joined the Global Financial Centres Index, and in April 2016, it was ranked as the top African financial center and the 33rd international economic hub.^[1]

References

• "Investors use Casablanca Finance City to tap Africa's potential - FT.com". ft.com. Retrieved 2014-08-01.
• "King Mohammed VI Of Morocco Builds New Financial City For The World - Forbes". forbes.com. Retrieved 2014-08-01.
• "Rise of the International Financial Center: Emulating Dubai's Success". knowledge.wharton.upenn.edu. Retrieved 2014-08-01.
• "Le Maroc | Hub de l'intégration financière africaine ? - Institut Thomas More". institut-thomas-more.org. Archived from the original on 2014-08-08. Retrieved 2014-08-01.
• "Finance: Casablanca Finance City announces BNP Paribas Regional Investment Company CFC Status - Yahoo Finance". finance.yahoo.com. Archived from the original on 2014-08-12. Retrieved 2014-08-01.
• "Bahrein 'S Trust Re Granted with Casablanca Finance City Status - Yahoo Finance". finance.yahoo.com. Archived from the original on 2014-08-12. Retrieved 2014-08-01.
• "African Finance: Casablanca Finance City and CISI Sign new Partnership - Yahoo Finance". finance.yahoo.com. Archived from the original on 2014-08-12. Retrieved 2014-08-01.
• "Said Ibrahimi : "La position de Casablanca comme hub africain est désormais reconnue"". economie.jeuneafrique.com. Archived from the original on 2014-09-27. Retrieved 2014-08-01.

External links

• CasablancaFinanceCity.com

33°33′25″N 7°39′38″W / 33.5569°N 7.6606°W / 33.5569; -7.6606

This page was last edited on 22 March 2023, at 18:54