Moroccan investment fund, Outlierz Ventures, has made eight investments in Africa since its launch in 2017. The operations mainly benefited four dynamic African markets in terms of fundraising, including Kenya, Nigeria, Egypt and Morocco. For the current year, the venture capital fund has carried out three equity investments, mainly in Nigeria and is preparing nearly 5 new investments by the end of the year. Outlierz Ventures is backed by American and African investors. Kenza Lahlou, co-founder of Outlierz Ventures, says the COVID-19 crisis has benefited portfolio companies with developed digital services and improved their businesses.

Source: The North Africa Journal November 11, 2020 15:10 UTC