Posts Tagged ‘Casablanca Finance City’

Financial Services Tie Morocco Closer to Africa – Jean R. AbiNader

Casablanca Finance City and Attijariwafa Bank Grow Regional Roles Jean R. AbiNader, MATIC May 8, 2015 As the recent IMF/World Bank meetings in Washington, DC demonstrated, regional banking and investment powerhouses in Africa and Asia are increasingly important players in the world’s financial sector. Similarly, Morocco’s success in regional banking over the past decade reflects its commitment to regional economic integration and growing its own industry to global standards. Recently, ...

Stable and spreading: Morocco’s banks make their presence felt | The Banker

Morocco’s banking sector continues to play a leadership role in Africa: Home to some of Africa’s largest banks, Morocco has weathered both the financial crisis and regional political upheaval. Now its financial institutions are beginning to extend their reach into the rest of the continent. Morocco’s 19 banks are relatively advanced compared with those of their north African neighbors. Its financial institutions report under International Financial Reporting Standards, comply with ...

Encouraging Private-Public-Partnerships for African Development

Africa50 Infrastructure Fund Sets its Mission     Jean R. AbiNader, MATIC September 5, 2014 Casablanca Finance City (CFC) took another step forward in its goal to be the financial services hub for business in West, Central, and Atlantic Africa when the African Development Bank (AfDB) opened its Africa50 Fund headquarters in the CFC this week. The purpose of the Fund is to build private-public partnerships (PPPs) to finance national and regional ...

9 Finance Hubs of the Future … They’re Not Where You Think

CNN’s Future Finance profiles rising financial capitals of the future, beginning with Morocco’s Casablanca Finance City. Since its inception four years ago, Casablanca Finance City has attracted over 100 companies including BNP Paribas, AIG, Clifford Chance, Silk Invest and Boston Consulting Group: Mention Morocco and most would first think of the exotic markets of Marrakech, the desert dotted with ancient kasbahs and, of course, the classic 1942 wartime film “Casablanca.” ...

The Africa50 Fund is Now Operational in Casablanca Finance City

Jeune Afrique reports on the African Development Bank’s new project for promoting infrastructure and other development projects in Africa. Based in Morocco’s Casablanca Finance City, the capital-enhancing mechanism will encourage public and private investment and build on AfDB’s extensive experience in funding and promoting development projects: Based in Casablanca Finance City and designed by the African Development Bank (AfDB), the Africa50 fund was officially launched on Wednesday, September 3. The ...
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