Outsourcing is a strategic sector for Morocco given the number of jobs it creates for the youth. A growing number of BPO partnerships have been signed in recent years to make the country one of the best tech destinations in Africa.
French tech group will invest over MAD350 million (US$33.3 million) in the Moroccan cybersecurity sector, We Are Tech reports. The memorandum of understanding relating to the project was signed, last December 22, by Moroccan Digital Minister Ghita Mezzour and Hicham Alj, CEO of Thales Holding Maroc.
According to the memorandum, Thales plans to set up a nearshore center to serve its international customers. The center will create nearly 150 direct jobs and high value-added for the country.
In a recent Tweet, Ghita Mezzour said the memorandum of understanding reinforces the position of the Kingdom of Morocco as a regional economic hub and brings the total number of jobs created through partnerships since November 2021 in the digital sector to more than 15,800, for an overall investment of MAD1.01 billion.
Over the past two years, Morocco has multiplied partnerships in the digital sector. Thousands of new direct and stable jobs are planned in several cities with the slated construction and equipment of digital and coding schools, and innovation hubs, as well as the creation of regional platforms for the development of upskilling and reskilling programs. The partnerships further enhance the digital sector’s position as one of the largest job providers and youth employers as well as a major tool for regional development.
According to Hicham Alj, the planned nearshore center will allow the company to directly address the cybersecurity market in Africa, but also to assist the group in its international projects. "This agreement strengthens our presence of more than forty years in the Kingdom and we plan to open a new branch in Casablanca in 2023," he said.
Samira Njoya
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
PETROCI raises 200 billion CFA francs to fund Baleine project Financing supports Phase 2 expansion, prepares launch of Phase 3 Project boosts...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...