The Casablanca Financial Hub solidifies its position as an economic bridge to Africa.
CFC First Tower stands at the heart of Casablanca, symbolizing a modern financial model open to the world. The city’s financial hub has become a strategic front for Morocco in its commitment to African integration and enhancing its international economic appeal.
Since its establishment, the hub has attracted over 240 companies, including 50 from France, benefiting from a working environment that meets global standards in legal frameworks, tax incentives, and specialized support. Reforms launched in 2020 have further strengthened its position, particularly with the adoption of a unified tax rate of 15% and Morocco’s exit from the Financial Action Task Force’s gray list.
The financial hub has engaged in major international initiatives related to sustainable finance, such as the UN’s Financial Centers for Sustainability network and the UN Environment Programme, thereby reinforcing its role as a center for responsible investment aligned with green economy trends.
Financial expert Said Al-Frachi affirmed that the hub is characterized by its flexibility in attracting investors through administrative facilities and conditions that ensure the recruitment of talents with international experience. This is complemented by the diversity of its activities, which cover legal, tax, and logistical aspects supporting companies’ expansion in Africa.
Recently, the financial hub took a significant step by winning the presidency of the Global Alliance of International Financial Centers, further enhancing its role as a hub for regional economic integration, especially with the launch of the African Continental Free Trade Area. This positions it as a strategic platform for building effective partnerships with over 35 international entities and contributing to shaping the continent’s future economically and financially.