Masria DP

Morocco Financial services

We are invested in Masria DP through Maghreb Private Equity Fund IV, which is managed by AfricInvest.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

Masria Cards (Masria or MasriaEgypt) has roots dating back to 1985 with its operations in card manufacturing and has produced over 100 million cards. Today, Masria is a leader in the Egyptian and African smart and payment card production and personalisation sector with the largest market share (over 75 per cent) in its home market, Egypt, and clients in more than 34 countries across Africa. It has a client base of more than 121 banks across the continent.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, North Africa
Countries:
Morocco
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Maghreb Private Equity Fund IV
Fund Manager:
AfricInvest
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
December 2019
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Egypt

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