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Clifford Chance

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We have worked in Morocco for over thirty years. Our Casablanca office is a gateway to the wider North Africa and sub-Saharan Francophone region and the resources of our international network.

A leading Moroccan presence with strong regional links

We opened our Casablanca office in 2012 and have built on a track record of Moroccan work that began in the eighties.

We have cutting-edge expertise in relation to Moroccan law. We have a perfect understanding of the Moroccan market and unparalleled expertise in relation to cross-border transactions.

We advise Moroccan and international organisations across the whole spectrum of business on a wide range of complex legal matters.

Our approach is tailored to our clients' industry sectors. We have established a number of global cross-practice groups that have detailed knowledge of our clients' industries and businesses and provide focused, practical and comprehensive advice.

We are recognised as one of Morocco’s leading law firms. We are ranked in Tier One for Banking & Finance, and Projects and Public Law (Chambers and Legal 500, 2013). In 2012 we were top of Mergermarket’s M&A league table for Africa and the Middle East.

The go-to law firm in Morocco for innovation

Our Casablanca office is at the forefront of innovation. We recently advised the Ministry of Finance on the new securitisation law. A cross-border team of English, French and Moroccan lawyers were responsible for the creation of Casablanca Finance City.

The nerve centre that connects clients to Africa

Our Casablanca office is key to our work in Africa. It is a nerve centre that connects clients from across the world with our on the ground resources in Africa, and gives Africa-based clients access to the resources of our international network.

We have a dedicated practice which has been active in Africa for 30 years. Our practice is recognised as one of the leading teams working in Africa today by our clients, all the major directories and the business world. In October 2013, we won International Law Firm: African Legal Awards.

Our lawyers work closely together, mobilizing the firm's resources in Morocco and our other international offices to provide you with optimum client service.  Resources include over 3,400 lawyers and a network of carefully selected local firms in jurisdictions where the firm is not directly represented.

To learn more about our Africa practice click here

Recent highlights

Awards and milestones

  • International Law Firm of the Year: Chambers Global Awards, 2013
  • International Law Firm of the Year: African Legal Awards, 2013
  • #1 legal advisor by value for Africa and Middle East M&A transactions:  Mergermarket, 2012

We are committed to the development of Morocco and are involved in a number of pro bono/community programmes:

  • We are a member of the Club de chefs d’entreprise France-Maroc
  • We are a member of International Lawyers for Africa
  • We launched the Bourse Clifford Chance/AJAM – attribution of a grant to Moroccan students with outstanding academic track record who wish to become business law practitioners
  • We launched the Africa Book Aid Program – donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco (International University of Rabat in 2013)
  • We support Avocats sans Frontières in Africa
  • Our lawyers are lecturers at the International Chamber of Commerce of Casablanca and at the Moroccan Institute of Directors in partnership with the International University of Rabat

Recent assignments

Examples of work include advising:

  • Maghreb Titrisation and the Ministry of Finance in relation to the amendment of the legal and regulatory framework applicable to securitization in Morocco, namely law 33-06 and related regulatory provisions
  • EBRD in relation to capital markets analysis in Morocco including a large survey on the legal framework applicable to financial instruments, debt capital markets and derivatives, including discussions with authorities and market players
  • International Finance Corporation (IFC) in relation to its equity investment in Banque Centrale Populaire in Morocco
  • the Moroccan Financial Board in relation to the implementation of a financial hub in Casablanca, named 'Casablanca Finance City'
  • Macquarie Bank in relation to its project to enter into OTC derivatives transactions with a Moroccan company listed on the Casablanca Stock Exchange
  • Wilmar International Limited in the acquisition of a strategic stake (27.5%) of Cosumar SA, a company listed on the Casablanca Stock Exchange
  • Carrefour on the acquisition of a minority stake (5%) in Maxi LV, a JV with Label Vie
  • Actis LLP on the acquisition of the water and energy activities of Veolia in Morocco
  • the lenders and export credit agencies in connection with the participation of EDF Energies Nouvelles and Mitsui & Co., Ltd. in relation to the financing of the development, construction and operation of a 150 MW wind farm in Taza, Morocco as part of the 1,000 MW wind farm programme launched by l'Office National de l'Electricité et de l'Eau Potable (ONEE)
  • the lenders in connection with the financing of a 300 MW wind farm project in Tarfaya (Morocco) by International Power – GDF Suez and Nareva Holding, the biggest wind farm project in Africa to date
  • SAZ (Société d’Aménagement de Zenata) on the development, structuring and financing of the most significant retail park in Morocco
  • investment fund RREEF on the acquisition of a company operating in the logistic sector
  • Pfizer in connection with public procurement matters in relation to the sale of vaccines to the Ministry of Health of Morocco
  • Toyota du Maroc on regulatory issues
  • Honda Motor on the structuring of its implementation in Morocco
  • the Moroccan Ministry of Public Services and Privatisation in relation to the privatisation of the former telecommunications monopoly of Maroc Telecom.

Directory listings and client comments

Directory listings

  • Clifford Chance Casablanca is ranked in Tier One by Chambers and Legal 500 (2013 editions) in Banking & Finance, Projects and Public Law

Client comments

  • "This firm has only recently established an office in Morocco, but its name and reputation precede it. For many years it was a key firm acting on Morocco matters from outside the jurisdiction, building up an impressive client base, especially in the energy and financial services sectors. It is currently advising several banks in relation to energy deals in the country, and is representing a consortium of companies in the negotiation of project documents and financing in relation to the Safi power project. Clients include GDF SUEZ and CDG Développement."
    Chambers Global, 2013: General Business Law – Morocco
  • "Clifford Chance was recently involved in advising on the $190m purchase of a stake in Banque Centrale Populaire by the IFC. The team also advised lenders on several project financings in the renewable energy space, and is acting for International Power-GDF Suez and Nareva Holding as borrowers on the $3bn financing of the Safi power project. Other clients include EDF EN and Attijariwafa Bank. Mustapha Mourahib is the key contact."
    The Legal 500: Morocco, 2013, Banking & Finance and Capital Markets - Morocco

Areas of expertise

Legal Areas