The Maroc Numeric Fund II (MNF II) announced two meetings with the Moroccan diaspora in France this week. Meetings will be held as a result of the expansion of its investment strategy to include startups formed by Moroccans all around the world, it announced in a statement.
Thus, Moroccans, co-founders of a startup in France or elsewhere are invited to these two meetings, the first of which will be held on Thursday January 26, 2023 at 10 a.m. and will be “strictly reserved for residents of Station F (Salle Bateau Mouche)” . The second meeting, on Friday, January 27, 2023, at 10 a.m. in the Maison du Maroc on avenue Jourdan in Paris, will be open to the public. Registration will be done through an online form created specifically for this purpose, according to the release.
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The fund stated in early January that it was expanding its investment approach to include startups formed outside of Morocco by Moroccans living overseas. “This expansion of MNF II’s investment strategy, approved by the Fund’s control bodies, would allow it to invest in Moroccan businesses headquartered outside of Morocco, in addition to Moroccan entrepreneurs based in Morocco. The targeted start-ups must have at least one founder of Moroccan nationality among their key individuals, as well as the construction of a subsidiary in Morocco that creates value according to criteria consistent with the invested company’s development strategy,” a statement from the company was quoted as saying.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard