Renew Capital has officially chosen Casablanca as the base for its North and West African operations, signaling a major step in the investment firm’s expansion across the continent. The announcement was made Thursday during a ceremony at the Technopark in Casablanca, where a strategic partnership was also signed, solidifying the company’s entry into the Moroccan market. With this move, Renew Capital aims to strengthen connections between Africa’s innovation ecosystems and drive pan-African collaboration.
Having operated for over a decade in East Africa, Renew Capital is now turning its attention westward and northward. Morocco stands out as a strategic hub in this vision—positioned to link entrepreneurs from North Africa with opportunities in Sub-Saharan and Eastern Africa. By establishing its regional headquarters in Casablanca, the firm plans to bridge regional gaps and foster cross-border innovation.
Through the new partnership, Renew Capital will work directly with startups based in Morocco and surrounding countries, supporting their growth beyond local borders. The goal is to help these ventures scale across Africa by building solid, actionable pathways between different innovation centers on the continent.
Laura Davis, Renew Capital’s Managing Partner and Co-CEO, praised Morocco’s dynamic entrepreneurial scene and emphasized the country’s key role in the company’s broader Africa strategy. She described Morocco as a reliable launchpad for connecting the northern, western, and eastern parts of the continent, making it a natural fit for Renew Capital’s expansion goals.
Nihal Grii, who leads Renew Capital’s operations in Morocco, echoed that sentiment, describing the country as a vital crossroads for Africa’s emerging economies. He highlighted the strength and creativity of Morocco’s local talent pool, the proactive support from institutions, and a growing national commitment to driving African integration through innovation.
Thursday’s launch event drew a wide range of participants from across the tech sector, diplomatic circles, and private industry—further cementing Morocco’s image as a go-to regional platform for collaborative and scalable African ventures.
