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French-Speaking Africa: Casablanca, New Banking Centre of Gravity

Summary by Financial Afrik
The French-speaking banking centre of gravity in Africa is no longer in Paris. It moves to Casablanca. The African banking landscape is undergoing a silent but profound recomposition. While several French groups are reducing their exposure in sub-Saharan Africa, Moroccan banks are accelerating their expansion and consolidating their presence on the continent.
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The French-speaking banking centre of gravity in Africa is no longer in Paris. It moves to Casablanca. The African banking landscape is undergoing a silent but profound recomposition. While several French groups are reducing their exposure in sub-Saharan Africa, Moroccan banks are accelerating their expansion and consolidating their presence on the continent.

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Financial Afrik broke the news on Thursday, July 30, 2026.
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