NEWSLETTER
June 2020
 

***Last chance***
Global Financial Center Index & Global Green Financial Index

Last chance to take part in the GFCI and GGFI survey. Make your voice count and share your opinion on Casablanca Finance City:

We appreciate your time,
 
Quote of the month
 
"CFC has established several partnerships worldwide and within the continent and we are committed to promoting green and sustainable growth in Africa. We have navigated through this crisis together as a strong business community and we call for a worldwide coordinated and inclusive response to prepare for a rapid economic recovery."
 
Mr. Said Ibrahimi, CEO of Casablanca Finance City 
 
CFC Community 
Did you know?
Africa Insights
CFC's country factsheet: Benin
 
During the first two years of President Talon's administration, which began in April 2016, the government has followed an ambitious action plan to kickstart development through investments in infrastructure, education, agriculture, and governance.

Economic activity accelerated to 6.7% in 2018 from 5.8% in 2017 (a per capita GDP growth rate of 3.8%), driven by vibrant port activity (+8.5% in 2018) and a sound agricultural sector buoyed by record cotton production (+17% in 2018) and the diversification of emerging export sectors.
 
Download the country factsheet
"The cost of living" report by Mercer
 
Mercer issued its 26th "cost of living" survey that ranks the most expensive cities in the world. The survey ranked 209 cities, including 42 in Africa. Hong Kong is the most expensive city in the world.
 
This year, Victoria, Seychelles takes the lead as the highest-ranking city in Africa, while Tunis ranks as the least expensive city in the world. 
 
Casablanca is ranked 19th in Africa and 121st in the world.
 
Download the report
African opinions facing the Covid-19 crisis by Deloitte
 
Deloitte presents the results of the first survey carried out in Africa on the perception of the Covid-19 pandemic. Entitled "African public opinion facing the Covid-19 crisis", this study highlights a strong concern about the economic and social consequences, in addition to the fears linked to the spread of the virus and its health consequences.
 
Download the report
Please take a minute to take part in the CGEM survey aiming to identify growth opportunities for companies in the post-COVID era
 
CGEM, through its Africa Committee, is conducting a survey in order to identify leads to streamline trade and investment exchanges as well as overcoming barriers on the African continent.
 
Access the survey 
 
Share with us your latest reports by contacting us on africainsights@cfca.ma #CFCCommunity
 
Community News
Orange considers Nigeria, South Africa as possible new markets
 
 CFC member since 2018
 
Learn more
Nestlé announces donations towards COVID-19 relief efforts across East and Southern Africa

 
 CFC member since 2016
 
Learn more

West African Development Bank enlists Southbridge to help set out its priorities
 
 CFC member since 2019
 
Learn more
Engie maintains its energy projects in Kenya with Olkaria VI Geothermal ($490M)
 
 CFC member since 2016
 
Learn more
Posco partners with Black Rock to develop Tanzanian project
 
 CFC member since 2019
 
Learn more
CFC News
CFC members organized a webinar on compliance as a tool for competitiveness in a post-COVID world
 
June 24, 2020, As part of the CFC community working group, Day One alongside LafargeHolcim and DLA Piper discussed the importance of compliance in a post COVID world.
 
The conference featured a panel of experts from the CFC community, who shared their respective experiences on best practices for compliance management in the business world.
 
Learn more
CFC took part in the COVID-19 Hackaton organized by the Casablanca -Settat Region
 
June 13, 2020, As part of an initiative organized by the Casablanca - Settat Region aimed at bringing out innovative ideas to revive the regional economy, Mrs. Manal Bernoussi, Director of Strategy, Partnerships and Communications, moderated a roundtable on the topic of International finance and startups.
 
You can watch the replay of the roundtable as well as the final output of all the roundtables.   
 
Watch the replay
Financial centers of the world: Focus on Casablanca
 
June 4, 2020, Mr. Said Ibrahimi, CEO of CFC and Mrs. Manal Bernoussi, alongside Professor Michael Mainelli, Executive Chairman of the Z/Yen Group, presented Casablanca Finance City to an international audience as part of the Z/yen financial centers of the world e-conference.
 
The webinar focused on Casablanca Finance City, its developments, and how it established itself as an African economic and financial hub and leading financial center on the continent.
 
Watch the replay
Join the CFC social media groups to stay in the loop on events, activities and more
 
CFC has created a closed LinkedIn group to bring together individuals of the CFC community around a common interest: networking. Its objective is to strengthen ties and facilitate exchanges within the CFC business community.

We are counting on you to include your company colleagues, to enrich the exchanges, share your points of view, and, ultimately, contribute to the various debates that will be conducted. You can join the group here.
 
Expats can join our closed Facebook group for expats and locals, who are part of CFC member companies, and would like to share relevant knowledge, stories & experiences, ask questions, seek advice, organize/find events, and get together!
Upcoming Events
"Astana Finance Days 2020"
 
This year, CFC's partner AIFC organizes the 3rd edition of the 'Astana Finance Days'. The e-conference will be held from June 29 to July 3, 2020.
 
On July 1st, CFC will be represented in the panel discussion on 'International Financial Centres: Sustaining SME Growth in a Post-COVID World'.
 
Sign up here 
Synvance Africa webinar: “The influence of multiculturalism in business, management and project management"
 
To learn all about the influence of social codes and particularly intercultural differences, on business, projects, and team management, Synvance Africa - CFC member since 2019- is hosting a webinar on Thursday, 23rd of July at 11 am (GMT+1).
 
Sign up here 
Lifestyle 
2M and Yamed Capital are streaming "Metropolitan Casablanca", an online program about the story of Casablanca
 
The show, which will be broadcast online on June 30 at 7:30 p.m., will see the participation of a host of prominent guests and contributors, to tell the story, live the present and build the future of Casablanca.
 
Sign up here 
Discover the exhibitions showcased at Museum Mohammed VI
 
Discover the exhibitions that have been showcased at the Mohammed VI Museum of Modern and Contemporary Art through a virtual immersion in museums from the comfort of your home.
 
Learn more
 
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