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Afrimobility is the venture capital arm of AKWA Group, established to finance and support high-potential startups in Morocco and globally. The firm operates with a focus on technology sectors and has a portfolio of three companies. Afrimobility benefits from over 60 years of experience from AKWA Group, which spans various industries.
Afrimobility invests in startups across healthcare, AI, climate, agtech, fintech, and mobility sectors, targeting seed to Series B stages. The firm provides equity investments and access to a three-month acceleration program at HEC Paris, Station F, to help startups scale effectively.
Notable portfolio companies include DROMY, a logistics company specializing in last-mile delivery with electric vehicles; SpotAngels, an app that helps drivers find available parking spots in real-time; and CoinAfrique, a mobile classifieds platform serving 14 French-speaking African countries.
Submit your pitch through their form at afrimobility.com.
Afrimobility typically participates in seed to Series B rounds, often leading investments in promising startups.
The firm is open to follow-on investments, particularly for companies that demonstrate significant growth potential and alignment with their focus sectors.
Specific fund size details are not disclosed, but Afrimobility operates under the financial backing of AKWA Group, which has extensive resources.
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