A new report by W.media said Morocco is emerging as a data center hub in North Africa, citing strategic investments and a supportive business environment.
The report said the significant growth of cloud infrastructure in Morocco over the past two decades has positioned the country among the top five data center markets in Africa and established it as a vital bridge between the continent and Europe.
Citing projections from Arizton Intelligence, W.media predicts that the Moroccan cloud and data storage market will attract investments of $50 million by 2028, with an annual growth rate of 11.18% between 2023 and 2028.
The report said that multinational technology giant Oracle has announced plans to open two new data storage centers in Morocco.
This initiative is expected to accelerate Morocco’s digital transformation, enabling businesses to seamlessly migrate their mission-critical workloads from on-premises data centers to Oracle’s cloud infrastructure while complying with local regulations.
Morocco’s IT infrastructure is further bolstered by the influx of investments into the data center market.
The African Infrastructure Investment Managers (AIIM) fund recently announced a $90 million investment in a new joint venture with Moroccan data centers, N+ONE Data centers.
The report attributes Morocco’s attractiveness to data center investors to several factors, including the government’s establishment of industrial acceleration zones where operators can benefit from tax incentives, creating a more conducive environment for their businesses.
This initiative underscores Morocco’s strategic vision to position itself as a leading center for innovation and economic growth in North Africa, leveraging the country’s resources and infrastructure to attract investment and foster development.
Furthermore, the creation of the Digital Development Agency and the implementation of plans such as the Digital Morocco 2020 strategy have facilitated increased funding and expanded cloud infrastructure in the country, according to a report by Knight Frank.
Data centers, as massive facilities housing servers, computers, and networking equipment to process and store vast amounts of data, are crucial for accommodating the growing volume of data and safeguarding it against cyberattacks.
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