Non-profits backing African startups have predominantly focused on energy, agritech, and fintech, though other sectors are increasingly gaining attention.
Through its business units, including Liquid Intelligent Technologies, Africa Data Centres, and Sasai Fintech, the company delivers digital infrastructure and services across Africa, the Middle East, and beyond.
Acting as an anchor investor, VCTF’s participation helps de-risk the fund for private investors and sets the stage for additional capital inflows from institutional and impact-driven investors.
The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.
Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.
The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.
With SMBs comprising a significant portion of the economy in Morocco and Francophone Africa, access to credit remains a critical bottleneck for growth.
