Afrimobility, a Morocco-based corporate venture capital firm established in 2020, is making significant strides in expanding its portfolio and sector reach across Africa and beyond. Backed by the industrial powerhouse AKWA Group, the firm is known for its early-stage investments targeting scalable, technology-driven business models. With a growing portfolio and a mission anchored in innovation, Afrimobility is now positioning itself at the forefront of emerging tech sectors such as quantum technology, health innovation, and sustainable mobility.
Expanding a Diversified Portfolio
Operating with a lean team of professionals, Afrimobility has built a track record of supporting over 25 portfolio companies, spanning HealthTech, DeepTech, GreenTech, Agri-food Tech, Fintech, Mobility, and Smart City initiatives. Its investment approach focuses on the Pre-Seed, Seed, and Pre-Series A stages, with ticket sizes ranging from $100,000 to $500,000. By leveraging AKWA Group’s network, the firm combines financial backing with strategic partnerships, providing startups not just capital but also corporate-level market access.
Recent High-Profile Investments
In May 2025, Afrimobility became the first Moroccan venture capital firm to invest in quantum technologies through its participation in the fundraising round of Quantum Dice, an Oxford-based startup developing quantum random-number generators. This move marks a decisive step into the global deeptech ecosystem and reflects the company’s willingness to back transformative technologies with cross-industry potential.
Mission and Investment Philosophy
Afrimobility’s mission centers on identifying and nurturing new sources of growth through equity investments, in-house projects, and joint ventures. The focus is on sectors with high innovation potential and societal impact, from sustainable mobility to next-generation fintech solutions. By coupling funding with operational support and acceleration programs, the firm ensures startups receive both the capital and expertise needed to scale effectively.
Leadership Driving Growth
The company’s leadership is spearheaded by General Manager Moulay Hafid Amrani, whose career spans corporate finance, M&A, and investment banking in Europe, Africa, and the Middle East. Deputy CEO Youssef Loudyi brings over a decade of venture capital and financial engineering experience, while Zakariaa El Hourch leads sales and operations with a background in E-Mobility innovation.
Track Record of Success
Afrimobility’s portfolio includes notable startups such as Moroccan B2B commerce platform Chari, logistics innovator CloudFret, and delivery solutions provider Cathedis. The firm has also achieved successful exits such as KIFAL Auto and CoinAfrique, a leading classifieds platform in Francophone Africa. These milestones underline Afrimobility’s capacity to identify, support, and successfully exit high-potential ventures.
Afrimobility’s recent investments and market activities signal a bold expansion into frontier technologies while maintaining strong roots in its core African markets. Its combination of early-stage capital, strategic partnerships, and operational expertise positions it as a key catalyst for innovation across multiple sectors. As it continues to bridge Moroccan entrepreneurship with global technological trends, Afrimobility is shaping a future where Africa plays a central role in the world’s innovation economy.