2023-05-19 11:08:29
A few months following the appointment of a new managing director, the CDG group is boosting the resources of its investment branch.
CDG Invest, which acts both as an investor manager for its own account following both financial and strategic logic, as well as a fund manager for third parties, has just carried out a recapitalization of 300 million dirhams.
This new competition from the parent company, which raises the capital of the entity managed for four years by Yassine Haddaoui to 7.25 billion dirhams, makes it the second largest subsidiary of the CDG group (in terms of share capital following CDG Développement) . It must be said that CDG Invest, which is involved on multiple investment fronts, whether for the financing of start-ups or SMEs and large companies, needed to strengthen its financial resources. It’s done now.
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Recall that CDG Invest is an investor and manager of private equity funds that intervenes around the major challenges of the Moroccan economy: productive diversification, regionalization, development of PPPs, development of entrepreneurship, and sustainable development.
CDG Invest operates in various key sectors of the Moroccan economy: industry, agri-food, digital/digital, renewable energy and territorial PPPs and with various business segments (large companies, ETIs, SMEs, Start-ups).
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CDG Invest’s activities are deployed through 2 funds held entirely by CDG (Fipar-Holding and the global business fund) and a fund open to other investors (SME funds) and a number of programs, the first of which is 212Founders , a funding and support program for innovative start-ups.
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