Casablanca Finance City Promoted new Model for African Finance at the New York Forum Africa

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• Publié par: casablanca-finance-city
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• Langue: English

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Casablanca Finance City Promoted new Model

for African Finance at the New York Forum

Africa

PR Newswire

LIBREVILLE, Gabon, June 14, 2012

LIBREVILLE, Gabon

,

June 14, 2012

/PRNewswire/ --

Casablanca Finance City promoted a new model for African finance at the New

York Forum Africa this week.

Said Ibrahimi, Chief Executive of Casablanca Finance City, participated as an

expert panellist at the Forum, which took place in

Libreville, Gabon

, on 8-10

June.

Morocco

is already home to over 2,500 international businesses, some of which

are looking to expand and take advantage of untapped potential in the region.

Casablanca Finance City will bring together businesses operating across

Greater North West Africa

under the umbrella of a trusted label, and will help

investors to navigate barriers and facilitate ease of doing business.

Said Ibrahimi said:

"African countries must work together to ensure international traders and

investors can keep their dealings with our diverse markets as simple and

economical as possible. A new financial hub to service north and west Africa is

essential to provide investors with the consolidation and economies of scale

they need to participate in Africa's exciting transformation."

Casablanca Finance City aims to aggregate the significant opportunities on

offer across diverse African markets, remove traditional barriers to investment

and provide investors with the economies of scale they need to take full

advantage of growth potential in "

Greater North West Africa

" (GNWA), a region

with great potential but largely uncharted in investment terms.

Through a live ecosystem of international business, financial institutions and

professional services Casablanca Finance City will facilitate growth in the region

by providing a gateway to GNWA.

-Ends-

Notes to editors

About the Moroccan Financial Board

The Moroccan Financial Board, a company made up of a public-private

partnership between significant figures of the financial sector, is responsible

under the law 44-10 relative to 'CFC Status' for the global running and

institutional promotion of Casablanca Finance City. Casablanca Finance City

aims to make

Casablanca

a regional hub of the financial profession and a

preferential gateway to African countries, in particular to the countries of

North, West and

Central Africa

.

http://www.mfboard.com

About

Greater North West Africa

(GNWA)

The GNWA is the majority French speaking countries that stretch from the

southern tip of

Democratic Republic of Congo

, up to

Libya

and then west to the

Atlantic and the furthest regions of the Maghreb. The GNWA has a combined

GDP of

$770billion

and a growing population of 500 million.

Casablanca

is the

natural entry point to access opportunity in this region.