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Keywords: Entrepreneurship


Morocco's business growth masks mounting sustainability concerns

In the first ten months of 2024, Morocco's business landscape presents a complex picture of growth and challenges as the nation recorded 78,244 new business registrations, according to recent data from the Moroccan Office of Industrial and Commercial Property (OMPIC). This surge in entrepreneurship,......

Gender Gap Persists in Morocco's Business Landscape as Women Head 15% of Firms

The proportion of women-led businesses in Morocco remains stagnant at 15%, according to recent findings from the Moroccan Observatory of Very Small, Small, and Medium Enterprises (OMTPME). This figure has shown no improvement since 2020, highlighting persistent gender disparities in the nation's......

Mango Founder Isak Andic Tragically Dies in Hiking Accident at 71

Isak Andic, the 71-year-old founder of the global fashion chain Mango, died on Saturday following a hiking accident in Spain, the company announced in a press release. Andic reportedly slipped and fell 150 meters from a cliff while hiking with family near the Montserrat caves in Barcelona. Emergency......

OCP Africa Partners with Niger to Transform Agricultural Value Chains

OCP Africa, a subsidiary of Morocco’s OCP Group, has entered into a landmark partnership with Niger’s Ministry of Agriculture and Livestock to improve the country’s agricultural value chains. The agreement, announced on Friday, aims to promote sustainable agricultural development and......

Over 61,000 New Businesses Created in Morocco by August 2024

Morocco has witnessed an impressive surge in entrepreneurial activity, with over 61,000 new businesses established by August 2024, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). The report highlights a remarkable growth in the business landscape, with a total of 61,178......

Moroccan Startups Face Uphill Battle: Only Half Survive Beyond 5 Years

Morocco's business landscape is facing significant challenges, as revealed by a recent joint report from the World Bank and the Moroccan Observatory of Very Small, Small, and Medium Enterprises. The study, titled "Unleashing the Potential of the Moroccan Private Sector: An Analysis of Business......

Morocco's Forsa Initiative Fuels Youth Entrepreneurship, Creating Nearly 37,000 Jobs

Morocco's state-sponsored Forsa program has made significant strides in fostering youth entrepreneurship, achieving a remarkable 74% coverage rate across the nation in 2024. This initiative, aimed at empowering young Moroccans aged 18 to 35, has successfully incubated 21,158 projects, as reported......

Moroccan Engineering Students Clinch Second Place at Global Enactus Competition

The Moroccan Enactus team from the Mohammadia School of Engineers (EMI) at Mohammed V University in Rabat has achieved a remarkable feat by securing the Vice-Champion title at the 2024 Enactus World Cup held in Kazakhstan. This prestigious competition saw participation from over 2,000 universities within......

Phosboucraa Foundation: Catalyzing Sustainable Growth in Morocco's Southern Provinces

The Phosboucraa Foundation, established in 2014, has emerged as a significant force for sustainable socio-economic development across Morocco's southern provinces in the Western Sahara. According to its 2023 annual report, the foundation's initiatives have benefited over 200,000 individuals,......

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