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DEG boosts Mediterrania Capital IV with additional 16.3 million dollars investment
Mediterrania Capital IV has secured an additional $16.3 million from DEG, increasing its total investment to $27 million. This funding will enhance the fund's operational reach and support its strategy of investing in mid-sized companies across North and West Africa, focusing on sectors like healthcare and fintech. The fund has already made significant investments in Moroccan companies, including Laprophan and Cash Plus, reflecting its commitment to fostering growth in the region.
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