Attijari Invest

Attijari Invest is a financial service investment arm of Attijariwafa Bank SA, specializing in venture capital and private equity investments, including seed, startups, early venture, mid venture, late venture, growth capital, buyouts, recapitalization, PIPES, and mature stage investments. It prefers to invest across different sectors including agricultural products; agricultural machinery and equipment; agricultural services; fertilizers and agricultural chemicals; fishing and hunting equipment; commercial fishing; fishing boats; food processors; travel and tourism services; hotels; entertainment venues; distributors; oil and gas production; oil and gas distribution; oil and gas storage and transportation; precious metals and minerals; structural metal and steel work; cement and hydraulic; chemical distribution; warehousing and storage; air freight and logistics; airlines; airport services; marine ports and services; wireline telephone equipment; mobile telephones; telecommunications services; press release services; cable and satellite; electric power distribution; independent power and renewable electricity producers; power generation equipment; hazardous waste collection, treatment and disposal services; solid waste collection, treatment and disposal services; water utilities; diversified financial services; real estate; dental cleaning and hygiene equipment; and outsourced client support and customer services. It seeks to invest in companies based in Morocco with a focus on Souss Massa Drâa region. The firm seeks to invest between MAD 2 million ($0.23 million) and MAD 120 million ($12.31 million). It can invest more by co-investing with other investors. The firm prefers to take majority or minority (between 10 and 30 per cent) positions through equity, quasi-equity, and convertible debt instruments. It seeks to hold its investments for a period between three years and seven years. Attijari Invest was founded in August 2005 and is based in Casablanca, Morocco.