Morocco’s Mohammed VI Investment Fund selected 14 sector-focused and thematic funds by the end of 2025, with total investment commitments of 18.7 billion dirhams ($1.9B), according to the economic and financial report accompanying the 2027 Finance Bill.
The fund contributed 4.4 billion dirhams, while national and international investors provided the remaining capital. The report said the results reflect the fund’s ability to attract private financing and expand the impact of public investment.
The fund also launched a dedicated startup fund in 2025. In April 2026, an initial selection process identified nine management companies to oversee funds focused on startups.
For small and medium-sized businesses, its CapAccess mechanism targets 4 billion dirhams in subordinated debt to support an estimated 15 billion dirhams in investment over four years. The fund is also developing Cap Hospitality, which aims to upgrade 91 classified tourism accommodation establishments and renovate 31,000 rooms through investments of around 7 billion dirhams.
The institution has joined responsible investment principles under COP28 and is developing partnerships with the International Finance Corporation, the African Development Bank and the European Investment Bank, particularly around sustainable infrastructure and the energy transition.
Established in 2020 with an initial state contribution of 15 billion dirhams, the fund also plans to allocate 4 billion dirhams to CapAccess and Cap Hospitality to stimulate around 15 billion dirhams in investment over the next four years.
Source: Madar21
