The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.
Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.
In 2023, remittances from Moroccans living abroad reached a record €10.71 billion, with France, Spain, Saudi Arabia, and Italy being key sending countries.
