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Casablanca Finance City
Financial and business hub in Casablanca, Morocco From Wikipedia, the free encyclopedia
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Casablanca Finance City (CFC; Arabic: القطب المالي للدار البيضاء) is a financial and business center located in Casablanca, Morocco. It serves as a regional hub for financial institutions, multinational corporations, and professional service firms operating in Africa.[1]
CFC is listed in the Global Financial Centres Index and has consistently ranked as the leading financial center in Africa and among the top financial hubs globally.[2]
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Overview
CFC was established by Law No. 44-10 in December 2010. The law introduced the "CFC Status," which grants specific financial and regulatory advantages to companies operating from the center. The Casablanca Finance City Authority (CFCA), a public entity, oversees its management and promotion.[3]
The CFC compound is located on the site of the former Casablanca–Anfa Airport, which has been redeveloped into a modern business district. The area includes office towers, residential units, hotels, and related infrastructure.[4]
Rankings
Casablanca Finance City joined the Global Financial Centres Index (GFCI) in 2014. In the GFCI 19 report (April 2016), CFC was ranked first in Africa and 33rd globally.[5] CFC has consistently maintained its position as the top financial center in Africa. As of 2025, it remained ahead of other regional centers such as Johannesburg, Nairobi, Mauritius, and Kigali.[2]
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Membership
By the end of 2015, over 100 companies had obtained CFC Status. As of 2024, this number exceeded 200, including international banks, law firms, multinational headquarters, and investment funds. These companies operate across various African markets using Casablanca as a base for regional coordination.[6]
References
External links
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