Although Casablanca is still Africa’s leading financial hub, it ranks just 91 globally when it comes to being a fintech hub.
The city, home to nearly four million people, boasts the largest stock exchange in North African.
Key points:
- findings come from a new report from the Global Financial Centers Index;
- Casablanca ranks 54th internationally;
- the city accounts for 44% of Morocco’s industrial input;
- it generates 33% of the country’s industrial exports.
Some 33 companies listed on the stock exchange index the S&P500 are based in Casablanca.