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Keywords: Startups


Gozem secures $30M funding boost from Al Mada Ventures to expand mobility and financial services in Africa

The Togolese startup Gozem has raised $30 million in a strategic funding round led by Al Mada Ventures, in collaboration with MSC Mediterranean Shipping Company. This investment brings Gozem’s total financing to $45 million since its inception in 2018, marking a significant step in the company’s......

Morocco's dynamic path to innovation and investment

In a speech delivered in Paris, Morocco’s Minister for Digital Transition and Public Administration Reform, Amal El Fallah Seghrouchni, invited Moroccan talents worldwide to join the Kingdom’s "momentum of dynamism and transformation." Highlighting the government's commitment......

Moroccan eyewear brand LNKO secures investment from Egyptian venture fund

A significant cross-border investment has emerged in North Africa's startup ecosystem as Egyptian-based Beltone Venture Capital invests in Moroccan eyewear company LNKO. The investment, while undisclosed, will fuel LNKO's expansion across Africa. LNKO, established in 2020 by Maha Bennani, has......

UM6P and STATION F join forces to boost Agritech, Greentech, and Healthtech startups

Mohammed VI Polytechnic University (UM6P) has announced a strategic partnership with STATION F, a global startup campus supporting over 1,000 startups. This collaboration aims to foster innovation and bridge the gap between Europe and Africa through a program called NextAfrica. In a statement, UM6P......

Morocco: The Emerging Tech Hub of Tomorrow

Morocco is positioning itself as the "future Silicon Valley," capitalizing on several key factors that foster the country’s technological rise. With increasing investments in startups, a youthful and skilled workforce, and strong support for innovation, Morocco is creating a unique environment......

Morocco and Spain Strengthen Scientific Ties with the Africa Canarias Challenge Research Program

In a significant move to advance cross-continental scientific collaboration, Morocco and Spain have deepened their partnership with the third edition of the Africa Canarias Challenge. This initiative aims to address critical challenges across Africa, focusing on water, energy, and health sectors. The......

American Cleantech Fund Lowercarbon Makes Strategic Push into French Startup Ecosystem

U.S. investment powerhouse Lowercarbon Capital is making significant inroads into France's cleantech landscape, with its latest investment spotlighting the fund's growing interest in European green innovation. The Wyoming-based firm, founded in 2018 by Chris and Crystal Sacca, has just added......

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 Digital Leap: Boosting Startups for a Tech-Driven Future

Morocco is taking significant strides to propel its digital economy forward with a new initiative aimed at nurturing startups across all stages of development. This move is part of the country's ambitious "Digital Morocco 2030" strategy, which seeks to modernize public services and stimulate......

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