Casablanca Finance City (CFC) director general expressed acclamation to the center as he told business operators that CFC is the business and financial hub for the easy access of investors to the African Market.
As an early institution in the financial industry, CFC already won international recognition and known as the gateway to African-speaking countries, CFC’s general director said on a meeting conducted by Monaco Chamber of Economic
He also explained that the Africa continent has a huge potential in terms of investments having 4 pc of the world GDP and expected to triple by 2050. It has been noted that 70 Monaco capitalist allocates an almost 100 billion dollars annually for infrastructure projects.
As a support, Morocco’s ambassador to Monaco also presented Kingdom’s opportunities specially a market economy and constant improvements of the business atmosphere resulting in an increase of 23pc in 2013 of foreign investments in Morocco and a progression of 10 ranks in the World bank “doing business” standing.
The Kingdom of Morocco, with its market of over 30 million consumers, is open to Monaco business operators who also have a chance to get access to the entire African market, a statement backed up by the Ambassador.