Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Afrimobility is the venture capital arm of AKWA Group, established to finance and support innovative startups with high potential in Morocco and internationally, particularly in the technology sector. Founded with the backing of AKWA Group, which has over 60 years of experience across various industries, Afrimobility aims to leverage this expertise to help entrepreneurs scale their businesses effectively.
Currently, Afrimobility manages a portfolio of 26 companies, focusing on sectors such as healthcare, AI, climate, fintech, food-agtech, and mobility. The firm operates from its headquarters in Casablanca, Morocco, and has a global investment strategy that includes markets across Africa and beyond. Afrimobility not only provides capital but also offers strategic support through its three-month acceleration program at HEC Paris, Station F, enhancing the growth trajectory of its portfolio companies.
Over the years, Afrimobility has achieved notable milestones, including successful exits such as Kifal, Hatla9i, and CoinAfrique. The firm continues to expand its reach and influence in the startup ecosystem, positioning itself as a key player in the venture capital landscape.
Afrimobility invests in a diverse range of sectors, including healthcare, AI, climate technology, fintech, food-agtech, and mobility. The firm targets startups at the Seed, Series A, and Series B stages, providing equity investments ranging from EUR 100K to EUR 500K. This investment strategy is designed to support innovative solutions that address pressing global challenges.
The organization emphasizes its commitment to technology-driven startups, particularly those that demonstrate scalable business models with high growth potential. Afrimobility's investment thesis focuses on identifying, accelerating, and investing in technology solutions that can transform industries and improve lives.
In addition to financial support, Afrimobility offers a three-month acceleration program at HEC Paris, Station F, which provides startups with mentorship, resources, and access to a vast network. This program is integral to Afrimobility's approach, as it combines capital investment with hands-on support to help entrepreneurs navigate the complexities of scaling their businesses.
Afrimobility's portfolio includes a diverse array of companies across various sectors. Notable portfolio companies include:
In addition to these, Afrimobility has invested in other companies such as Folk, a CRM startup, and AutoCheck, a Nigerian portfolio company. The firm has also supported Chari, a commerce and fintech-related startup, and CloudFret, which operates in the logistics and freight sector. Afrimobility's notable exits include Kifal and Hatla9i, both of which have contributed to the firm's reputation in the venture capital space.
Moulay Hafid Amrani - General Manager: Amrani holds an MSc in Management with a specialization in Corporate Finance from Kedge Business School. He joined AKWA Group in 2013 as Director of Investments and has over 15 years of experience in corporate finance, M&A, and investment banking across Europe and Africa. He became Managing Director of Afrimobility in November 2019.
Youssef Loudyi - Deputy CEO Corporate Venture Capital: Loudyi studied corporate finance at HEC Montreal and has more than 12 years of experience in investment, venture capital, and financial engineering. He joined AKWA Group in 2016 and was appointed project director in 2018.
Zakariaa El Hourch - Head of Sales and Operations: El Hourch is an industrial engineer with over seven years of experience in e-mobility. He joined Afrimobility in 2023 to lead sales and operations.
Mohamed Amine Anbari - Financial & Administrative Manager: Anbari trained in finance and accounting at ENCG Casablanca and began his career as a management controller. He joined Afrimobility in early 2023 as head of accounting and finance.
To pitch Afrimobility, founders should visit their official website and submit their pitch through the designated channel. It is important to include a comprehensive pitch deck that outlines the business model, market opportunity, and growth strategy.
Afrimobility prefers pitches that are concise and focused, highlighting key metrics and milestones. Founders should also be prepared to discuss their vision for the company and how they plan to achieve their goals.
Response times can vary, but founders are encouraged to follow up after submitting their pitch to ensure it has been reviewed. Warm introductions are beneficial but not mandatory.
Afrimobility operates a three-month acceleration program at HEC Paris, Station F. This program is designed to support startups in their growth journey by providing mentorship, resources, and access to a network of industry experts.
Eligibility for the program includes being an early-stage startup in one of Afrimobility's focus sectors. Interested founders can apply through Afrimobility's official website for consideration.
In recent months, Afrimobility has been actively engaging with startups and expanding its portfolio. The firm has participated in various events, including GITEX Africa Morocco 2026, where they scouted for innovative projects and potential partnerships.
Afrimobility has also announced its commitment to supporting transformative changes in rapidly evolving industries, particularly in technology sectors. Their portfolio continues to grow, with a focus on companies that align with their investment thesis.
What are Afrimobility's investment criteria?
Afrimobility focuses on technology startups in sectors such as healthcare, fintech, AI, climate tech, and mobility. They invest in companies at the Seed, Series A, and Series B stages, with check sizes ranging from EUR 100K to EUR 500K.
How can I pitch Afrimobility?
Founders can pitch Afrimobility through their official website. It is recommended to include a clear business model, market analysis, and growth strategy in the pitch deck.
What makes Afrimobility different from other VCs?
Afrimobility combines venture capital with startup studio capabilities, providing not only funding but also strategic support and access to a vast network through AKWA Group.
What is the geographic focus of Afrimobility?
Afrimobility invests globally, with a strong emphasis on Morocco and other African markets, as well as select international markets.
What kind of post-investment support does Afrimobility provide?
The firm offers a three-month acceleration program at HEC Paris, Station F, which includes mentorship, resources, and networking opportunities to help startups scale effectively.
What is the typical timeline for receiving a response after pitching?
While specific timelines are not disclosed, Afrimobility encourages founders to follow up after submitting their pitch to ensure it has been reviewed.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.