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

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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

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Ajouté le : 26 juin 2012
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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.