Omar Balafrej

Board Member

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Mr Omar Balafrej is a newly appointed Board member of the African Innovation Foundation, providing strategic advice and technical support to build the innovation landscape across Africa. Omar Balafrej is the CEO of MITC, a Moroccan public private partnership that manages Technopark (www.technopark.ma).

Casablanca and Rabat technoparks host 230 start-ups and SMEs with a natural 20% turnover. Several business services are offered in both technoparks, ranging from hosting to coaching and assistance to finance. Technopark’s ecosystem has been significantly enhanced lately with the installation of various entities that aim to support start-ups and a host of SMEs in Morocco. A new technopark shall open in 2015 in Tangiers (north of Morocco).

Omar Balafrej is also President of MITC Capital, entity that manages the Maroc Numeric Fund (MAD 100 million venture capital fund) mnf.ma and board member of the CMI, Moroccan center for innovation cmi.net.ma.

Besides this, Omar Balafrej is actively involved in supporting various associations in Morocco. He has been president of the Abderrahim Bouabid Foundation (fab.ma) from 2009 to 2012 and is a Board member of The Cinémathèque de Tanger (www.cinemathequedetanger.com)