Morocco Numeric Fund lowers investment size and targets the diaspora

Morocco Numeric Fund lowers investment size and targets the diaspora

The institutional vehicle under the management of MITC Capital has changed its strategy and is now also targeting Moroccan companies with a presence abroad.

Someone shares this article with you
            ▪ Morocco Numeric Fund lowers investment size and targets the diaspora

▪ The institutional vehicle under the management of MITC Capital has changed its strategy and is now also targeting Moroccan companies with a presence abroad.

https://www.africabusinessplus.com/en/814691/morocco-numeric-fund-lowers-investment-size-and-targets-the-diaspora/

“An investment in a Moroccan start-up in the diaspora is being finalised,” Omar El HyaniMITC Capital‘s investment director in charge of the Maroc Numeric Fund II, told Africa Business+. However, he did not disclose a precise amount or the preferred area for this investment outside Morocco.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Private Equity

17/09/2022 at 08h43, by Africa Business+

“Three to four exits to be announced in late 2022 or early 2023” (Maroc Numeric)

Maroc Numeric Fund II details its investment pace for the last quarter.

Bank & Insurance

26/08/2022 at 16h55, by Africa Business+

TerraPay prepares a new round of financing after attracting Partech and Prime Ventures

The fintech specialising in money transfers wants to continue its expansion in emerging markets.

New technologies

15/09/2021 at 17h12, by Africa Business+, updated 16/09/2021

Paratus looking for new digital infrastructure markets in West Africa

From Windhoek, the group is pushing ahead with several technologies. Before looking further afield,...

Telecoms

16/08/2021 at 08h45, by Africa Business+

Africa’s Top 50 Digital Personalities

Accelerated, thanks to the pandemic, the current technological revolution brings together an increasingly...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.