Morocco is expanding support for its technology sector through a new startup financing mechanism designed to unlock major investment for digital companies.

The initiative, led by the Ministry of Digital Transition and Administrative Reform and managed by Tamwilcom, is expected to mobilize nearly MAD 2.5 billion ($260 million) for Moroccan startups over the coming years.

Under the framework, MAD 347 million ($36 million) is expected to be invested over three years in venture-capital funds that finance startups operating in the digital sector.

The mechanism forms part of the implementation of Digital Morocco 2030, with the aim of strengthening access to investment for technology entrepreneurs and supporting the development of Morocco’s digital economy.

The programme could provide additional financing opportunities for startups working in areas such as artificial intelligence, software, fintech, cybersecurity and other emerging technologies, while helping connect Moroccan innovators with venture-capital investors.

Morocco is simultaneously developing its national AI ecosystem under the Morocco AI 2030 roadmap, which targets 200,000 trained and certified AI talents by 2030.