The North Africa Post
Moroccan investment fund, Outlierz Ventures, has made eight investments in Africa since its launch in 2017. The operations mainly benefited four dynamic African markets in terms of fundraising, including Kenya, Nigeria, Egypt and Morocco.
The company, dedicated to technology, invests between MAD 500,000 and 5 million in companies with high growth potential. It targets the logistics, financial services and health sectors.
For the current year, the venture capital fund has carried out three equity investments, mainly in Nigeria and is preparing nearly 5 new investments by the end of the year. Outlierz Ventures is backed by American and African investors.
Kenza Lahlou, co-founder of Outlierz Ventures, says the COVID-19 crisis has benefited portfolio companies with developed digital services and improved their businesses. “The crisis has encouraged the digitalization of several services. Companies have understood the need to offer remote services to their customers. Sectors such as logistics have benefited from this situation,” she said.
The fund invests in tech enabled companies solving a real problem in a key sector with an innovative approach and a scalable business model (fintech, insurtech, agritech, healthtech, B2B marketplaces, logistics, etc).
POSTED BY NORTH AFRICA POST
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