3.7 MDH collected by Moroccan projects over the period 2019-2021

The barometer also reports 171 Moroccan projects financed on 13 French, American, Moroccan and Middle Eastern platforms, indicate Happy Smala, ESSEC Africa and In-LAB Africa in a press release.

Per campaign, the maximum amount mobilized reached 317,867 dirhams, while the highest number of contributors per campaign amounted to 1,198.

“The data collected shows a real enthusiasm for crowdfunding, accelerated following the publication in the Official Bulletin of Law 15.18 for collaborative financing on March 9, 2021 following a first reading in the House of Representatives in January 2020”, notes the press release.

The Moroccan crowdfunding barometer 2019-2021 gives an inventory of this method of financing used by associations, startups and Moroccan companies. It shows all the vitality, diversity and dynamism of crowdfunding which is constantly growing.

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