Technopark Essaouira celebrates its first anniversary. The city, with its rich intangible heritage, is betting on entrepreneurship and innovation.
Fahd Laamoumi, a 38-year-old Moroccan aerospace engineer, is making waves in the world of defense technology. As the CEO of Ballistic Defense System, a company based in Rabat, Morocco, he's at the forefront of developing autonomous flying robots for defense purposes. With a passion for innovation and a keen eye for future trends, Laamoumi is driving Morocco’s technological advancement and contributing to global security.
The World Bank report highlights that Morocco’s firm density has risen due to high business creation but is hampered by low exit rates and inefficiencies in closing inactive firms. It recommends improving support for SMEs, addressing market distortions, and leveraging the services sector to drive productivity and job creation.
This young Moroccan woman from Mohammedia entered slowly but surely the world of entrepreneurship. She is now the head of two companies based in London, the city where her career took a successful turn.
Throughout his career, Abderrahim Rochdi maintained a good connection with Morocco, through his family and business. Today, he exports goods, through the company he founded with his friends, to the Kingdom and the rest of the continent.
Born in Rabat, Khalid Dahbi’s love for culinary arts made him tour Europe for years. Based in London, the Moroccan man is a successful chef in the City and an entrepreneur who is fascinated with luxury and sophistication.
Morocco is ranked 65th in the world and 2nd in North Africa by the 2018 Global Entrepreneurship Index compiled by a US-based institute. The kingdom’s strongest point, according to the annual survey, is Product Innovation while Competition remains one of its weakest areas.