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MAMDA to launch an investment fund

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Magazine Issue: 
Highlights [3]
Magazine date: 
Jul 2019

MAMDAThe Mutuelle Agricole Marocaine d’Assurance (MAMDA) is planning to set up an investment fund to finance agricultural and agri-food projects in Morocco.

Endowed with a capital of 500 million MAD (52.2 million USD), this new structure targets medium-sized companies.

The agricultural sector plays an important role in the Moroccan economy. It accounts for 13% of GDP and employs 38% of the workforce.

Read also | Moroccan insurance companies [4]

Thu, 29/08/2019 - 09:10

Source URL: https://www.atlas-mag.net/en/article/mamda-to-launch-an-investment-fund

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[4] https://www.atlas-mag.net/en/article/morocco-insurance-market-2018-results