By Elizabeth Antidius Shumbusho | Africa Guardian
Casablanca has secured its position as Africa’s leading financial hub and ranks 52nd globally among the world’s top 115 financial centers for 2025, according to a recent report by CEOWORLD magazine and the Institute of Executive Policy. The rankings, drawn from the IFCI Global Financial Centers Index, highlight Casablanca’s strong financial standing with 806 points, placing it ahead of Cape Town and Johannesburg, which rank 53rd and 54th globally.
Globally, New York claimed the top spot, followed by Singapore, London, Amsterdam, and Hong Kong, showcasing the city’s growing influence in financial markets. Financial hubs like Casablanca are identified by their concentration of banks, trading markets, and stock exchanges, supported by robust infrastructure, stable political and regulatory environments, and favorable tax policies.
The IFCI index, based on extensive surveys and data from over 50 indicators provided by the OECD, World Bank, and others, ranks 115 global financial centers. For this year’s report, 226,000 financial professionals evaluated cities across seven core criteria, including business environment, capital market size, financial activities, human capital availability, business fundamentals, reputation, and wealth management capabilities.
Casablanca’s rise as Africa’s top financial center reflects its strategic role in supporting business growth and international trade across the continent.
___