The Casablanca Finance City (CFC) financial hub is asserting itself as an essential gateway for international investors in search of business opportunities on the African continent, writes the British daily, The Guardian, on Tuesday.
For centuries, Casablanca has been a hub of trade due to its geographical position between Africa, the Middle East and Europe, indicates the major London publication, stressing that through CFC, Morocco's economic capital is merging its historical roots with a strong modern commercial identity in order to attract investment.
Since its creation in 2010, this business district has succeeded, notably thanks to an advantageous tax regime, in attracting more than 240 international companies, and supporting more than 7,000 jobs, specifies the daily.
The Deputy Director General of CFC, Lamia Merzouki, quoted by The Guardian, affirms that the hub is taking advantage of Morocco's political and macroeconomic stability, which positions Casablanca as a destination of choice in a global context marked by uncertainty, reports the MAP.
Representing "a key entry point for companies in Africa," the vocation of CFC is set to be strengthened, observes the newspaper, specifying that the potential of the business centre is not limited to the financial sector.
The Casablanca hub is actively developing initiatives in the fields of technological innovation, fintechs, carbon credits and sustainable finance, adds the media, noting that the Moroccan financial centre also hosts continental funds that are positioning themselves on a trajectory aimed at stimulating the development of infrastructure across the continent.
The Casablanca business centre is linked by cooperation agreements with more than 20 African investment promotion agencies, continues The Guardian, stressing that the progress made by the Casablanca financial centre is part of a dynamic that reflects Morocco's evolution as a major player in investment in Africa.
For centuries, Casablanca has been a hub of trade due to its geographical position between Africa, the Middle East and Europe, indicates the major London publication, stressing that through CFC, Morocco's economic capital is merging its historical roots with a strong modern commercial identity in order to attract investment.
Since its creation in 2010, this business district has succeeded, notably thanks to an advantageous tax regime, in attracting more than 240 international companies, and supporting more than 7,000 jobs, specifies the daily.
The Deputy Director General of CFC, Lamia Merzouki, quoted by The Guardian, affirms that the hub is taking advantage of Morocco's political and macroeconomic stability, which positions Casablanca as a destination of choice in a global context marked by uncertainty, reports the MAP.
Representing "a key entry point for companies in Africa," the vocation of CFC is set to be strengthened, observes the newspaper, specifying that the potential of the business centre is not limited to the financial sector.
The Casablanca hub is actively developing initiatives in the fields of technological innovation, fintechs, carbon credits and sustainable finance, adds the media, noting that the Moroccan financial centre also hosts continental funds that are positioning themselves on a trajectory aimed at stimulating the development of infrastructure across the continent.
The Casablanca business centre is linked by cooperation agreements with more than 20 African investment promotion agencies, continues The Guardian, stressing that the progress made by the Casablanca financial centre is part of a dynamic that reflects Morocco's evolution as a major player in investment in Africa.