Browsing: Catalytic

Morocco has launched a USD 37 M Startup Catalytic Fund to increase venture capital available to the country’s digital startups.

The new financing vehicle is expected to mobilise nearly $260 million for Moroccan digital startups over the coming years.

Morocco is set to invest MAD 347 million through the Catalytic Startups Fund to support venture capital funds investing in digital-sector startups, as the government seeks to attract more private capital and strengthen the country’s venture capital ecosystem.