Organization · Corporate Venture Capital

Afrimobility

Afrimobility is the venture capital arm of Akwa Group, focused on financing and scaling innovative startups in Morocco and internationally, particularly in technology sectors such as HealthTech, FinTech, and GreenTech.

Corporate Venture CapitalFunder

Overview

What Afrimobility does

What Afrimobility is

Afrimobility is the venture capital arm of Akwa Group, focused on financing and scaling innovative startups in Morocco and internationally, particularly in technology sectors such as HealthTech, FinTech, and GreenTech.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Corporate Venture Capital
Structured capabilities
Funder
Last reviewed
April 26, 2026

Official channels

Find Afrimobility elsewhere

Open the official website or a supported primary organization account.

Capability profile

Afrimobility as a funder

Investment thesis

Afrimobility aims to identify, accelerate, and invest in technology solutions addressing tomorrow's challenges, focusing on scalable business models with high growth potential in strategic sectors.

Focus narrative

Afrimobility invests in a diverse range of sectors including Health Tech, Deep Tech, Green Tech, Agri-food Tech, Fintech, and Mobility & Smart City solutions. The organization not only provides equity investments but also offers a three-month acceleration program at HEC Paris, Station F, to support startups in their growth journey.

Value beyond capital

Afrimobility adds value to its portfolio companies by providing not just capital but also strategic support and access to a vast network through AKWA Group. The firm facilitates growth through its acceleration program and offers expertise in scaling businesses in high-impact sectors.

Terms and economics

Typical check
$100,000–$500,000

Focus and fit

Stages
Pre-seed · Seed · Series A
Regions
North Africa · Africa · Europe · North America

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
26
Recorded notable exits
Kifal, Hatla9i, and CoinAfrique

Portfolio context

Notable portfolio companies include DROMY, a logistics company focused on last-mile delivery using electric vehicles; SpotAngels, an application that helps drivers find available parking spots in real-time; and CoinAfrique, a mobile classifieds platform connecting buyers and sellers across 14 French-speaking African countries.

Common questions

What to know about Afrimobility

Upseed classifies Afrimobility under the Corporate Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 26, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.