Afrimobility is the Venture Capital arm of Akwa Group, a Moroccan economic group with over 60 years of experience across various industries. Based in Casablanca at 18 Boulevard Massira El Khadra, the firm specializes in financing and accelerating innovative startups with high potential, particularly in technology sectors. It focuses on disruptive ideas from passionate founders addressing tomorrow's challenges. Afrimobility invests in early-stage startups, offering tickets from €100k to €500k, often paired with a three-month acceleration program at the HEC Paris incubator in Station F. Its portfolio spans over twenty startups in Africa, Europe, and North America, with a strong emphasis on Morocco. The firm has backed logistics companies like CloudFret in two seed rounds totaling $3.1M and Cathedis in a $7.5M venture round, co-investing with partners such as Azur Partners, CDG Invest, and Plug and Play. Afrimobility runs Afriquia 50 Sprints, one of the largest startup acceleration programs in Morocco and Africa, supporting startups across tech verticals.
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