Ithmar Capital Reveals Capital Hand
Posted on 11/18/2019
At a summit hosted by the Abu Dhabi Investment Authority (ADIA), Morocco-based Ithmar Capital revealed plans to double its investments to US$ 6 billion in the next five years. Ithmar Capital seeks to diversify its Moroccan portfolio and seek co-investments across the rest of Africa. Ithmar Capital prefers to invest with co-investors.
Food security and agricultural investments remain a top priority for the Moroccan government. Ithmar Capital is looking at investments in the agriculture business, as well as renewable energy projects.
Last, Ithmar Capital is working with its African peer the Nigeria Sovereign Investment Authority (NSIA) on the Trans-African gas pipeline project, which seeks to link Nigeria’s vast fossil fuel resources to Northern Africa.