Al Mada Ventures, the $110M fund for Africans by Africans

Al Mada Holding Group is one of Africa’s largest private investment funds. The Casablanca-headquartered private holding operates in different fields, such as banking, telecommunications, renewable energy and the food industry. Over the years, Al Mada’s approach has centered on acquiring majority shareholdings in some of Morocco’s largest private companies, with its portfolio spanning 27 markets (25 in Africa). As part of its strategy and to remain relevant, the firm has had to think through how to help these businesses scale with its influence and foster innovation within its portfolio, how to increase market share across the…