Morocco has announced plans to invest 1.3 billion Moroccan dirhams (about US$140 million) into its startup ecosystem as part of the Morocco Digital 2030 strategy, aimed at positioning the country as a leading digital and innovation hub in the region.
The announcement was made by Delegate Minister for Digital Transition and Administrative Reform, Amal El Fallah Seghrouchni, during the closing session of the fifth Digital Now Forum 2025, held in Casablanca, according TechAfricanews.
The funding will be distributed across the startup lifecycle, with MAD 750 million (US$81 million) earmarked for venture-building initiatives to support early-stage startup creation and growth.
An additional MAD 450 million (US$49 million) will be directed towards venture capital to attract increased private-sector investment, while MAD 70 million (US$7.6 million) will be used to expand and strengthen Morocco’s Technopark network.
Seghrouchni said the government is reinforcing the venture capital ecosystem through new financing instruments designed to boost private-sector participation and stimulate entrepreneurship across the country.
She said the measures are expected to support the creation of 1,000 startups by 2026, with a longer-term target of 3,000 startups by 2030.
Beyond funding, the strategy also focuses on inclusive digital growth.
The minister highlighted initiatives aimed at improving digital access in rural areas, as well as the rollout of Jazari Institutes, which are intended to foster regional innovation hubs and strengthen local entrepreneurial ecosystems.
The Morocco Digital 2030 strategy forms part of the government’s broader efforts to accelerate digital transformation, enhance innovation capacity and drive sustainable economic growth.
WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.











Comments