By: Nana
Appiah Acquaye
Morocco is set to invest MAD
347 million through the Catalytic Startups Fund to support venture capital
funds investing in digital-sector startups, as the government seeks to attract
more private capital and strengthen the country’s venture capital ecosystem.
The funding was enabled by
Decree No. 2.26.576 of August 3, 2026, and will be deployed over a three-year
period under an initiative led by the Ministry of Digital Transition and
Administration Reform and managed by TAMWILCOM.
The fund forms part of a
collaboration between the Ministry, the Mohammed VI Investment Fund and Groupe
CDG aimed at using public investment to mobilise greater private financing for
Moroccan startups.
Nine management companies
have been pre-selected to participate in the initiative, with the venture
capital funds expected to mobilise nearly MAD 2.5 billion for Moroccan
startups.
The government said the
financing mechanism is designed to use public capital as a catalyst for
attracting additional private investment into the country’s digital startup
ecosystem.
The initiative is expected
to provide digital startups with greater access to venture capital while
supporting the development and expansion of investment funds capable of
financing technology companies at different stages of growth.
The move represents a
significant step in Morocco’s efforts to build a stronger venture capital
market and create a more supportive financing environment for startups
operating in the digital economy.
The government said the
approach is intended to strengthen the Moroccan venture capital ecosystem on a
sustainable basis while increasing the flow of investment into innovative
digital businesses.
