Economy & BusinessCasablanca, the most competitive city in Africa

Casablanca, the most competitive city in Africa


Casablanca once again confirms its supremacy as a competitive financial center both at the African and international level. Casa Finance City is the first financial center on the continent according to the “Global Financial Centers Index” (GFCI30).

The kingdom’s economic capital continues to improve its positioning in the Global Financial Center Index (GFCI). It is indeed a semi-annual barometer highlighting the most attractive financial centers, thus allowing multinationals to choose the location of their new subsidiaries.

For the GFCI 30 edition, the white city maintains its momentum as a competitive financial center both regionally and internationally. It ranks 53rd among the 116 financial centers, with 632 points, respectively at the African and global levels.

With this score, the Casablanca square still loses 4 places compared to the GFCI29 ranking. Even if, it still appears in the top 3 of these centers in the MENA region and the first financial center of the African continent, according to analysts from Z / Yen Group.

In the MENA region, Casablanca occupies third place, just after Dubai, and Abu Dhabi. Globally, financial centers are dominated by New York, London, Shanghai and Hong Kong and Singapore.

The Moroccan Blog
The Moroccan Blog
The Moroccan Blog is an English based newsblog dedicated to Morocco. You can find here all news from Morocco across a variety of topics: Arts & Culture, Economy & Business, Lifestyle, Moroccan Sahara, MRE, Society, Tourism & Travel and more.

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