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News 23 Dec 2024 4 min read

Female entrepreneurship: 15% of companies are led by women, according to the OMTPME

Female entrepreneurship: 15% of companies are led by women, according to the OMTPME
The Executive Director of the Moroccan Observatory of Very Small and Medium Enterprises (OMTPME), Amal Idrissi, indicated on Monday in Casablanca that only 15% of companies in Morocco are led by women, a figure that has remained stable since 2020
Female entrepreneurship: 15% of companies are led by women, according to the OMTPME
Speaking during a press briefing dedicated to the presentation of the OMTPME report for the 2022-2023 period, Ms. Idrissi emphasized that the study conducted, which compared 2023 data (373,835 companies) to those of 2022 (344,563 companies), highlights persistent gender inequalities, particularly regarding access to bank credit.

She specified, in this regard, that only 14.6% of companies led by women access bank credit, and that their share in the total outstanding bank credits does not exceed 11.3%. Regionally, she noted that 17.6% of companies are led by women in the Marrakech-Safi region, compared to 16.6% in Rabat-Salé-Kenitra and 15.6% in Casablanca-Settat, rates that slightly exceed the national average. Conversely, the Béni Mellal-Khénifra and Oriental regions show shares around 10%, she noted.

She also noted that female entrepreneurship occupies a notable place in certain sectors, with a strong presence in human health and social action (40%), as well as in services, particularly hairdressing and beauty care (30%), and education (30%).

On the other hand, the transport and storage, extractive industries, and construction sectors show lower rates, below 10%, according to Ms. Idrissi. Regarding the evolution of company creations and dissolutions between 2017 and 2023, she revealed, according to her, a contrasted dynamic in the Moroccan entrepreneurial landscape, marked in particular by a significant increase in the number of company creations, reaching 96,442 in 2023, an increase of 20% compared to 2017.

Ms. Idrissi further remarked that this growth is distinguished notably by a preponderance of micro-enterprises, which represent 99% of creations, continuing that the information, communication, real estate activities, human health, and social action sectors recorded creation levels higher than those observed before the pandemic.
She continued that the impact of the health crisis and economic recovery affected different company sizes unequally, particularly small and medium-sized enterprises (SMEs) which were particularly affected, and their resilience was tested by an unfavorable market environment, with a higher dissolution rate in certain regions such as Souss-Massa, Fès-Meknès, and Marrakech-Safi.

These regions observed a more pronounced evolution of dissolutions, contrasting with areas like Tanger-Tétouan-Al Hoceima, where company creations progressed remarkably, notably by 74% in this region.

At the sectoral level, certain fields recorded exceptional performances, with sectors such as specialized, scientific, and technical activities showing an impressive annual progression of their value added (VA), exceeding 50% between 2017 and 2023, she said.

Furthermore, she continued, the trade, manufacturing, and construction sectors remain the most dominant in terms of turnover (CA), representing nearly 72% of the total turnover of companies.

To this effect, she cited the trade sector which experienced a slight decline in its market share, going from 35.2% in 2017 to 34.1% in 2023, while the manufacturing industry saw its share increase, albeit at a moderate pace.

In terms of employment, VSEs/SMEs, representing 73% of employees, saw their employment growth rate go from 8.7% before the pandemic to 6% after, Ms. Idrissi specified, adding that certain regions, such as Souss-Massa, Marrakech-Safi, and the Oriental, recorded an increase in staff, while Casablanca-Settat experienced a slowdown, despite its share of 32.1% of VSEs/SMEs and 38.3% of the total workforce in 2023.

In this sense, she mentioned the tertiary sector which continued to grow, representing 66.5% of total company employment, compared to 62.2% in 2017.

The annual report of the OMTPME presents the demographic, economic, and financial situation of the Moroccan entrepreneurial fabric.

This edition particularly emphasizes the evolution of employment in a post-Covid context, includes indicators on self-entrepreneurs, and presents the results of a study on female entrepreneurship.

This article is reproduced as an excerpt. The full version is published by the original outlet.

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