A Mauritius-based investment fund is stepping into Morocco’s tech and energy sectors with a significant stake in a fast-growing local firm. Africinvest Small Cap Fund LLC is set to acquire 24.5% of USG Technologies SA, granting it joint control of the Casablanca-based company. The deal marks a strategic push by the fund to strengthen its regional presence in key emerging markets.
Africinvest Small Cap Fund LLC, part of the larger AfricInvest group, is known for investing in high-potential small and mid-sized businesses across Africa. The move aligns with its broader vision of backing innovative companies that are driving development in sectors crucial to the continent’s future.
USG Technologies SA operates in critical, rapidly evolving industries—electronic security, audiovisual systems, and clean energy solutions. Through its network of specialized subsidiaries, the company has built a solid footprint in Morocco, delivering cutting-edge technologies that cater to both public and private sector needs.
By joining forces with USG Technologies, Africinvest is betting on a company that sits at the intersection of digital innovation and sustainable infrastructure—two sectors that are increasingly vital for economic resilience and growth in Africa. The partnership is expected to accelerate USG’s expansion while giving the fund a stronger foothold in strategic tech and energy markets.
