North Africa

Morocco: capital, investors and market indicators

Investors headquartered in or publicly active in Morocco, with the latest economic indicators from the World Bank and IMF. For risk ratings, sector intelligence and deal flow, see the Morocco country intelligence page.

Market indicators

GDP
$184bn2025
Real GDP growth
4.9%2025
GDP per capita
$4,8782025
Consumer price inflation
0.8%2025
Population
37.7m2025
Current account balance (% of GDP)
-2.4%2025
General government gross debt (% of GDP)
66.6%2025

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.

Investors headquartered in Morocco

InvestorTypeHeadquartersSector focus
Africa50Infrastructure investorMoroccoInfrastructure, Energy and power, Transport and logistics
ASMA InvestCorporate investorMoroccoReal estate and housing, Healthcare, Financial services
Attijariwafa Bank S.A.Bank or financial institutionMoroccoFinancial services, Real estate and housing, SMEs
Bank of Africa Group S.ABank or financial institutionMoroccoEnergy and power, SMEs, Infrastructure
Caisse Interprofessionnelle Marocaine de RetraitesPension fund or public asset managerMoroccoSMEs, Infrastructure
Caisse Marocaine des RetraitesPension fund or public asset managerMoroccoFinancial services, Real estate and housing
Chaabi Capital InvestissementCorporate investorMorocco
CIH Bank S.A. (Crédit Immobilier et Hôtelier)Corporate investorMoroccoReal estate and housing, Consumer
Moroccan Agency for Sustainable Energy S.A. (Masen)Development finance institutionMoroccoEnergy and power, SMEs
Sanlam MarocInsurerMoroccoAgriculture and food, Financial services, SMEs
Tamwilcom S.A.Development finance institutionMoroccoSMEs, Infrastructure, Energy and power

International investors active in Morocco

InvestorTypeHeadquartersSector focus
54 capital LtdPrivate equity firmConsumer, Healthcare, Agriculture and food
AfricInvestPrivate equity firmTunisiaFinancial services, Healthcare, Education
AfricInvest Europe S.A.S.InvestorEnergy and power, Consumer, Manufacturing and industrials
Afrimobility S.ACorporate investorTechnology, Energy and power, Healthcare
Amethis Investment Fund Manager S.A.Venture capital firmFinancial services, Consumer, Healthcare
Atlamed S.APrivate equity firmTechnology, Energy and power, Manufacturing and industrials
Bpifrance S.A.Sovereign wealth fundFranceEnergy and power, Infrastructure, SMEs
Building Logistics Services S.ACorporate investorManufacturing and industrials
CDG Invest GrowthPrivate equity firmTechnology, Manufacturing and industrials, Healthcare
CDG Invest GrowthPrivate equity firmTechnology, Manufacturing and industrials, Healthcare
Dislog Group S.ACorporate investorConsumer, Healthcare, Manufacturing and industrials
Emerging Tech VenturesVenture capital firmFinancial services, Energy and power, Technology
Endeavor CatalystVenture capital firmFinancial services, Energy and power, Consumer
European Bank for Reconstruction and DevelopmentMultilateral development bankUnited KingdomFinancial services, Energy and power, Infrastructure
European Investment Bank (EIB)Development finance institutionLuxembourgEnergy and power, Technology, Financial services
Flat6LabsAccelerator or investment networkEgyptTechnology, Fintech
H&S GroupCorporate investorConsumer, Manufacturing and industrials, Technology
International Finance Corporation (IFC)Development finance institutionUnited StatesFinancial services, Energy and power, Technology
Laprophan S.AInvestorHealthcare
Mastercard Inc.Private equity firmUnited StatesFinancial services, Technology, Consumer
Mastercard Inc.Private equity firmFinancial services, Technology, Consumer
Mediterrania Capital Partners LimitedPrivate equity firmFinancial services, Consumer, Manufacturing and industrials
MNF VenturesVenture capital firmFinancial services, Energy and power, Consumer
Orange Middle East and Africa SACorporate investorFinancial services, Technology, Telecoms and digital infrastructure
Outlierz VenturesVenture capital firmFinancial services, Consumer, Technology
Phatisa Group LimitedPrivate equity firmAgriculture and food, Consumer, Real estate and housing
Private Infrastructure Development Group (PIDG)InvestorEnergy and power, Manufacturing and industrials, Healthcare
ProparcoDevelopment finance institutionFranceFinancial services, Energy and power, Infrastructure
Riyada Managers B.V. (RMBV)Private equity firmConsumer, Healthcare, Technology
Stellar AfricaGold Inc.Corporate investorMining and natural resources
Stellar AfricaGold Inc.Corporate investorMining and natural resources
Swiss Agency for Development and Cooperation (SDC)Foundation or philanthropic investorSwitzerlandEnergy and power, Technology, Agriculture and food
The African Development Bank Group (AfDB)Development finance institutionCôte d'IvoireEnergy and power, Financial services, Manufacturing and industrials
The African Development Bank Group (AfDB)Development finance institutionEnergy and power, Financial services, Manufacturing and industrials
UM6P VenturesVenture capital firmFinancial services, Energy and power, Consumer
WitamaxVenture capital firmConsumer, Healthcare, Technology

Recent transactions in Morocco

DateTransactionTypeValueMarket
29 Oct 2026Admaius Capital Partners invests USD 40 million in ABA Life's operations in MoroccoPrivate Equity$40mMorocco
26 Oct 2026Circle Ventures invests in CrissCross' operations in AfricaVenture CapitalUndisclosedChad
16 Oct 2026IFC and Attijariwafa Bank invest EUR 215 million in Pickalbatros Hotels & Resorts' operations in MoroccoCorporate Transactions, Real Estate$241.1mEgypt
7 Oct 2026AfricInvest’s Financial Inclusion Vehicle (FIVE) invests in Vantage Payment Systems' (VPS) operations in MoroccoPrivate EquityUndisclosedMorocco
18 Sep 2026Sustainable Energy Fund for Africa (SEFA) invests USD 5.28 million in Nareva Holding for the Guelmim Green Hydrogen Valley in MoroccoInfrastructure & Project Finance$5.3mMorocco
18 Sep 2026Sustainable Energy Fund for Africa (SEFA) invests USD 5.24 million in the Saldanha Hydrogen DRI in South AfricaInfrastructure & Project Finance$5.2mNamibia
10 Sep 2026Red Tape Ventures, Faris Al-Obaid, Faris Abdi and partners invests in Charikaty's operations in Egypt and the Gulf Cooperation Council (GCC)Venture CapitalUndisclosedMorocco
2 Sep 2026CDG Invest Growth and Mediterrania Capital Partners invest in Société Nouvelle des Conduites d’Eau (SNCE)Private EquityUndisclosedBurkina Faso
17 Aug 2026A.P. Moller Capital acquires majority stake in GlobexPrivate EquityUndisclosedSenegal
12 Aug 2026International Finance Corporation (IFC), Axian, and partners invest USD 50 million in JumiaPrivate Equity$50mUganda
27 Jul 2026Helios Investment Partners exits T2S Group on the Casablanca Stock Exchange for MAD 1.1 billionPrivate Equity$117.5mMorocco
27 Jul 2026CDG Invest Growth and Yassine Bounou invest in Little Mamma Group's operations in MoroccoPrivate EquityUndisclosedMorocco
27 Jul 2026African Development Bank Group invests EURO 100 million in Gotion Power Morocco for the LFP battery gigafactoryInfrastructure & Project Finance$113.9mMorocco
22 Jul 2026Launch Africa Ventures invests in Zazu's operations in South AfricaVenture CapitalUndisclosedMorocco
20 Jul 2026Azur Innovation Fund and partners invest USD 10 million in ORA Technologies' operations in MoroccoVenture Capital$10mMorocco

All Morocco transactions

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