Casablanca emerges as Africa’s leading financial hub, global ranking shows

Casablanca’s financial center ranked second and fifty globally among the 115 most influential financial centers in the world for 2025, according to a new ranking by CEOWORLD magazine in collaboration with the Institute of Executive Policy, based on the IFCI Global Financial Centers Index.

Casablanca also ranked first in Africa with 806 points, ahead of Cape Town and Johannesburg in South Africa, which ranked 53rd and 54th globally, respectively.

Globally, New York ranked first as the most important financial center in the world, followed by Singapore in second place, London in third, and Amsterdam and Hong Kong in fourth and fifth place, respectively.

Financial centers are defined as cities or regions that have a strategic position within the financial sector, where financial institutions such as banks, trading markets, and stock excthanges are concentrated. These centers are characterized by strong infrastructure, a stable political and regulatory environment, and encouraging tax policies, making them important hubs for business and trade growth.

The IFCI index is based on comprehensive surveys and a set of data taken from more than 50 indicators from institutions such as the Organization for Economic Cooperation and Development (OECD) and the World Bank. The index ranks 115 financial centers worldwide and relies on assessments from international financial services professionals and bankers.

The ranking is based on a survey of 226,000 financial professionals, and cities were evaluated based on 50 factors within seven main areas, including: business environment, size of financial activities, size of capital markets, availability of human capital, business fundamentals, reputation, and international wealth management.

The post Casablanca emerges as Africa’s leading financial hub, global ranking shows appeared first on HESPRESS English – Morocco News.

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