Forging Digital Frontiers: Ghita Mezzour Explores Synergies with Mubadala Investment Fund

Thursday 09 May 2024 - 11:05

In a strategic move to propel Morocco's digital transformation and foster an environment conducive to innovation, Ghita Mezzour, the Minister Delegate in charge of Digital Transition and Administrative Reform, held a pivotal working meeting in San Francisco, the epicenter of technological advancement in the United States, with representatives from the renowned international investment fund, Mubadala.

The meeting took place with Rafic Makki, the head of the technology department within the startup investment unit, and his team, setting the stage for an engaging discussion on strengthening cooperation between Morocco and Mubadala in the realm of emerging enterprises.

During the productive dialogue, emphasis was placed on exploring avenues to bolster this dynamic ecosystem, leveraging the complementary strengths and resources of both parties. Mezzour highlighted Morocco's distinguished competencies and its pool of talented young innovators excelling in the fields of innovation, digitization, and entrepreneurship.

This strategic meeting was part of a broader working visit undertaken by the Minister to San Francisco, the bustling metropolis that serves as a global hub for technology and innovation, housing the renowned Silicon Valley. The comprehensive agenda included a series of high-level meetings with leaders of international companies actively investing in startups, information technology, and artificial intelligence.

The overarching objective of this mission was to showcase Morocco's compelling value proposition and the promising prospects it offers as a strategic gateway for investment in Africa. By fostering collaborations with industry titans and influential players in the technology realm, the nation aims to solidify its position as a hub for innovation and entrepreneurship.

Mubadala, a prominent Emirati sovereign wealth fund with assets valued at an impressive $276 billion and investments spanning over 50 countries worldwide, represents a formidable partner in this endeavor. The meeting with Mezzour underscored the mutual commitment to exploring synergies and capitalizing on the fund's extensive resources and expertise to drive digital transformation and nurture a thriving ecosystem for startups and emerging technologies.

As Morocco continues to embrace the digital revolution, strategic collaborations with global players like Mubadala hold the key to unlocking new frontiers of innovation, propelling the nation's digital economy, and fostering an environment where entrepreneurial talent can thrive.