Casablanca Finance City Authority (CFCA) is a limited company born from a public-private partnership that aims to position Casablanca as a regional financial hub in the continent and a premier gateway into the African markets.
CFCA was set up in July 2010 with a high level shareholding that represents the Moroccan financial sector. It includes Bank Al Maghrib (the central bank), the Casablanca Stock Exchange (CSE) and La Caisse de Dépôt et de Gestion (CDG).
In june 2014, under the law 68-12 related to the CFC status, the name “Casablanca Finance City Authority” was adopted in replacement of the old name “Moroccan Financial Board”.
The Law 44-10 related to the CFC Status, as amended and completed by law 68-12, empowers Casablanca Finance City Authority (CFCA) with the overall management and the institutional promotion of Casablanca Finance City. The enforcement decree of the law creates the CFC Commission, the body responsible for granting the CFC Status, and makes CFCA responsible for the secretariat of this commission.