Casablanca remains a top financial hub, but lags in fintech

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.