The Moroccan Minister of Digital Economy Moulay Hafid Elalamy (pictured) announced on June 23 that the government wants to make use of digital technology to attract MAD10 billion (about $1.04 billion) in Foreign Direct Investments and create more than 120,000 direct and indirect jobs across the country. This was during his presentation on digital development on the sidelines of a meeting of the National Committee for the Business Environment (CNEA).
According to the official, the aim is to make the country the first regional and continental digital hub; an ambition spurred by the recent digital dynamism stemming from the coronavirus context. He also revealed that his department is currently studying a series of projects to this end.
Moulay Hafid Elalamy stressed that Morocco's renewed investment in the digital sector would involve supporting digital companies, accelerating the digitization of public administrations, improving the governance of the sector and strengthening digital sovereignty.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...
AXA Mansard net profit falls 78.9% in 2025, despite strong revenue growth Absence of 2024 forex gains and higher costs hurt earnings Insurer maintains...
Nigerian sugar regulator partners governors’ forum to attract domestic and foreign investment Deal prioritises investor-ready sugar projects, land...
After two difficult years, funding for African tech is recovering, but the landscape has changed, with more debt, less exuberance, and a market that is...
The African Union and the United Kingdom agreed to hold a high-level strategic meeting in London in early 2026. AU Commission President Mahamoud...
Manovo-Gounda-St Floris National Park is one of the largest protected areas in Central Africa. Located in the northeastern part of the Central African...
Streaming dominates music, reshaping royalties and artist income worldwide Sub-Saharan Africa grows fast, but payouts stay far lower Platform, region,...