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AfriMobility

Morocco Grand Casablanca Founded 2020 Website LinkedIn
Cheque Size$100K to $500K
Stages3
Industries7
Markets4
Stated Portfolio5
Operating Since2020 (6y)

About AfriMobility

AfriMobility is the venture capital arm of Akwa Group, a prominent Moroccan conglomerate with over 60 years of experience across various industries. The firm focuses on financing and scaling innovative startups with high potential in Morocco and internationally, particularly in the technology sector. AfriMobility seeks to invest in disruptive ideas conceived by passionate and determined startup founders, aiming to address future challenges through technological innovation. The firm's investment strategy encompasses several key sectors, including HealthTech, FinTech, GreenTech, AI/DeepTech, Agri-FoodTech, and Mobility and Smart City solutions. AfriMobility has launched one of the largest startup acceleration programs in Morocco and Africa: Afriquia 50 Sprints. This program is exclusively designed for Pre-Seed, Seed, and Pre-Series A startups, offering investment tickets ranging from €100,000 to €500,000, along with a three-month acceleration program at the HEC Paris incubator at Station F. AfriMobility's portfolio includes over twenty startups located in Africa, Europe, and North America. The firm operates as a corporate venture capitalist, a business launcher, and a partnership enabler, always on the lookout for new ideas and open to partnerships through co-branding, joint ventures, or exclusive franchises when interests and values align. By uniting forces, energies, and talents, AfriMobility aims to support ambitious founders who offer disruptive and innovative solutions, contributing to the modernization of urban travel and the reduction of carbon footprints through smart mobility initiatives.

Geographical Focus

African markets1

Other stated markets3

EuropeAfricaNorth America

Requirements

Innovative technology solutions with scalable business models, Exceptional growth potential, Disruptive ideas addressing future challenges, Passionate and determined startup founders

Stated Portfolio5

SpotAngels
CloudFret
Lyko
CoinAfrique
DromY

As reported by the investor. We hold no profile for these companies, so they are printed as stated rather than linked.

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Profile

TypeVenture Capital
CountryMorocco
CityGrand Casablanca
Founded2020
Minimum Cheque$100K
Maximum Cheque$500K