Casablanca Finance City (CFC) is strengthening its network of partners. The Casablanca financial center has just signed a memorandum of understanding with Rwanda Finance Limited (RFL) in order to promote investment opportunities between Rwanda, Morocco and Africa, and strengthen long-term cooperation between the two countries.
This agreement will thus promote best practices, through which CFC will support the development of Kigali International Financial Center (KIFC).
Note that Rabat and Kigali have strengthened their cooperation in recent years, with state visits carried out in 2016 by King Mohammed V and President Paul Kagamé. Numerous strategic partnerships have been concluded in key areas, including the agreement on double taxation and the prevention of tax evasion.
“We are very pleased to sign this partnership between CFC and RFL. This agreement allows us to expand our network of partnerships and to share our expertise with other African financial centers in a logic of South-South cooperation. This partnership is in addition to the agreement we have with the Rwanda Development Board (RDB) which aims to facilitate the business of CFC companies operating in Rwanda,” said Said Ibrahimi, CEO of Casablanca Finance City.