I IGI, a world leading company in the reinsurance market, has been granted the Casablanca Finance City Status which allows it to use the Moroccan financial centre as a regional base for its activities in Africa. The newly opened office will create a foundation for IGI’s presence and focused growth in Africa, said the company in a press release, adding that the strategic location of the office will help IGI implement its plan to expand its presence in the continent, and will provide greater access to Northern, Central, and Western Africa from within the CFC.The new CFC-based office will stand as its continental headquarters wherefrom it will monitor its activities in these African markets.CFC has become since it was created few years ago the place to be for financial institutions, multinational corporations, and professional services firms. Its geographical position actually makes of it a major gateway to African markets in addition to the fact that it facilitates firms’ activities in Europe and the Middle East too.

Source: IGI, Leading Reinsurance Company, Gets CFC Status | Middle East Confidential