Casablanca Finance City and FMF joint event in Casablanca

Frankfurt, a financial hub, and Casablanca, a financial center in Africa, have joined forces in a dynamic partnership aimed at fostering economic growth and collaboration.

A recent joint event held in Casablanca showcased the significance of this alliance, highlighting the potential benefits for both cities and the broader financial landscape. The key takeaways from the event emphasized the shared commitment to innovation, digitalization, and inclusive growth.

The joint event served as a platform for financial institutions, government representatives, and industry leaders from Frankfurt and Casablanca to engage in fruitful discussions. Participants seized the opportunity to exchange ideas, share best practices, and gain valuable market insights. The event played a crucial role in strengthening the existing ties between the two financial centers and exploring new avenues for cooperation.

The partnership between Frankfurt and Casablanca holds immense potential for shared growth opportunities. Both cities possess robust financial sectors and a wealth of expertise. This collaboration is set to foster innovation, create synergies, and ultimately enhance the competitiveness of both financial hubs.

In an era dominated by digitalization and innovation, the joint event emphasized the importance of embracing technological advancements. Frankfurt and Casablanca showcased their commitment to fostering innovation, exploring emerging technologies, and staying ahead of the curve. 

The joint event between Frankfurt and Casablanca has laid the foundation for a stronger financial bridge between Europe and Africa. By leveraging their respective strengths and collaborating on cross-border investments, trade facilitation, and economic development, both cities can create new opportunities for growth and prosperity. This partnership serves as a testament to the power of collaboration and the potential for financial centers to drive positive change on a global scale.

Hubertus Väth, Managing Director of Frankfurt Main Finance:

“I would like to express my gratitude to Casablanca Finance City for hosting this future-oriented event. I am proud that together with CFC and the German-African Business Association we succeeded in sending this strong signal for intensifying our cooperation.”

Christoph Kannengießer, CEO, Afrika-Verein der deutschen Wirtschaft:

“This hands-on exchange with our strong partners – the Casablanca Finance City and Frankfurt Main Finance as well as experts from Africa and Europe, will pave the way to realize capital-intensive projects, especially in the area of Renewable Energies and Hydrogen."

Saïd Ibrahimi, CEO of Casablanca Finance City:

“The high-quality of the Moroccan-German bilateral relations are tremendous enablers when it comes to business. The redesign of international value chains, the energy & green transition or the digital transformation are all offering untapped windows of opportunities. We leverage on our partnership to create mutual synergies to reinforce our natural positioning as a gateway to Africa for international investors and for Frankfurt as a gateway to the Eurozone.”

In conclusion, the joint event held in Casablanca between Frankfurt and Casablanca marks a significant milestone in their financial partnership. It reinforces their shared commitment to innovation, digitalization, and inclusive growth. By working together, these two dynamic financial hubs can unlock new opportunities, foster economic development, and position themselves as leaders in the global financial landscape. The collaboration between Frankfurt and Casablanca sets a positive example for financial centers worldwide, demonstrating the immense potential that lies in forging strong partnerships for the benefit of all.

Source: World Alliance of International Financial Centres (WAIFC)‍