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High-rise, high expectations: is Casablanca’s finance hub a model for African development?

High-rise, high expectations: is Casablanca’s finance hub a model for African development?

Morocco’s commercial centre has brought investment to the continent – but critics say it masks domestic inequality

For centuries, Casablanca was a significant trading hub for merchants from across the breadth of the Atlantic coast, given its geographical position between Africa, the Middle East and Europe.

These days, Morocco’s economic capital is merging those historical roots with a strong modern commercial identity. One such manifestation is the Casablanca Finance City (CFC) district, whose high-rise buildings stand as a symbol of the city’s dream of being a main gateway for international investment into Africa.

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