In July 2025, Morocco has emerged as a significant player in the Middle East and North Africa’s burgeoning tech scene, climbing to fourth place in regional startup funding. This leap, surpassing Egypt, highlights Morocco’s potential as a tech center. The country’s advancement was marked by a $7.5 million funding round secured by Ora Technologies, which, while modest, propelled Morocco into the MENA top five according to recent rankings. Egypt’s drop is attributed to economic challenges and currency issues. This development underscores Morocco’s growing attractiveness to investors, especially in promising tech sectors, signaling a shift from being on the sidelines to being a focal point for innovation investment.
July 2025 was a record-breaking month for MENA startups, with 57 companies securing a total of $783 million, a 1,411% increase from the previous month. Notably, e-commerce giant Ninja and deeptech company XPANCEO were responsible for 56% of this total. Saudi Arabia maintained its lead with $396.5 million raised, followed by the UAE with $359 million. Iraq surprised many by securing third place with a $15 million deal for InstaBank. Meanwhile, Morocco’s ascent to fourth place and Egypt’s decline to fifth, with just $4 million raised, reflect shifting investor priorities towards markets with both immediate scalability and long-term potential.
The first seven months of 2025 have already surpassed the entire 2024 total for MENA startup funding, indicating a maturing ecosystem and growing investment diversification. Morocco’s top-five ranking illustrates its successful integration into this dynamic landscape, poised to join the top 10 African startup ecosystems as per the Global Startup Ecosystem Index 2025.
