Mediterrania Capital IV (MC IV), a private equity fund focused on North and West Africa, has secured additional support from DEG, increasing its investment by EUR 15 million (USD 16.2 million).
With this capital increase, DEG’s total investment in the fund has reached EUR 25 million (USD 27 million). This growth highlights DEG’s confidence in MC IV’s capacity to drive economic development, support local businesses, and create jobs in the continent’s fastest-growing sectors.
MC IV targets mid-sized companies with strong growth potential. The sectors in which these companies operat include healthcare, logistics, fast-moving consumer goods, education, and financial services.
The fund plans to invest in 8 to 10 companies, allocating between EUR 20 million (USD 21.6 million) and EUR 50 million (USD 54 million) per company. Of this capital, 75% will be directed toward North Africa, while 25% will target Sub-Saharan Africa.
This partnership has previously played a key role in financing the acquisition of Laprophan, one of Morocco’s largest pharmaceutical companies. Following this, MC IV also invested in Cash Plus, a leading Moroccan fintech company.
DEG not only provides capital but also actively supports MC IV’s portfolio companies through its specialized advisory initiative, DEG Impulse. DEG helps businesses enhance operational efficiency, reduce CO₂ emissions, integrate renewable energy solutions, and improve sustainability practices. Their goal is not only to increase revenue but also to ensure responsible business practices and strengthen regional stability.
MC IV is also committed to promoting gender equality by supporting businesses that empower women in leadership positions and the workforce.