Private equity, once limited to a small circle of large corporations, has become a key driver of Morocco's economic transformation. According to the Moroccan Private Equity and Venture Capital Association (AMIC), investments in the sector reached a record 4.5 billion dirhams in 2025, up 20% from the previous year.
These funds are targeting mid-sized companies in sectors like agribusiness, manufacturing, and technology. For example, the fund MITC Capital recently invested 150 million dirhams in a Casablanca-based tech startup, aiming to create 500 jobs by 2028.
Experts say this trend is helping to diversify Morocco's economy beyond traditional industries like tourism and phosphates. 'Private equity is providing not just capital but also strategic guidance to help Moroccan companies scale up and compete globally,' said Ahmed Bencheikh, a financial analyst at the Casablanca Stock Exchange.
