Jun 5, 2025

Mediterrania Capital Partners reaches €600 million final close of its fourth fund, Mediterrania Capital IV Mid Cap 04-06-2025; Malta / Mauritius / Casablanca. Mediterrania Capital Partners, a leading Private Equity firm focused on growth investments for small and medium-sized enterprises (SMEs) and mid-cap companies across North and Sub-Saharan Africa, is proud to announce the final close of its fourth fund, Mediterrania Capital IV Mid Cap (MC IV), at €600 million. A 10-year closed-end fund, MC IV targets SMEs and mid-cap businesses across North and West Africa, with selective investments in the broader Pan-African region. With a strategy focused on acquiring substantial minority or majority stakes—several in a pre-IPO environment—MC IV aims to back companies with solid market positioning and strong potential to scale regionally and continent-wide. Within just two years of its launch, over 50% of the fund has already been invested or committed, demonstrating a swift and efficient deployment strategy. MC IV is currently backing four portfolio companies in key sectors driving sustainable growth across Africa. Cash Plus – Morocco’s leading independent money transfer provider Laprophan – Moroccan pharmaceutical company serving Africa and the Middle East NatPack – Egyptian packaging manufacturer for pharma, cosmetics, food and chemicals Biopharm – Leading pharmaceutical company specialising in the manufacturing and distribution of high-quality generic and branded medicines across Africa Albert Alsina, Founder and CEO of Mediterrania Capital Partners, commented: “The successful final close of MC IV underlines our Limited Partners’ ongoing commitment to the African continent and their confidence in our ability to generate significant long-term value. With over 75% of the fund set to be deployed within less than four years, we see abundant opportunities to support outstanding companies that are transforming their industries across Africa.” Hatim Ben Ahmed, Managing Partner, added: “The final close of MC IV at €600 million is a major milestone that enables us to continue deploying our investment strategy across the continent, with a strong focus on healthcare, financial services and FMCG – sectors where we see significant growth potential in the coming years.” Commitment to ESG and impact across all portfolios As a signatory of the United Nations Principles for Responsible Investment (UNPRI), Mediterrania Capital Partners embeds Environmental, Social and Governance (ESG) principles at the core of its investment approach. The firm is deeply committed to Impact investing, ensuring that value creation is aligned with long-term, sustainable development in Africa. Across all funds and portfolio companies, Mediterrania applies robust ESG frameworks to assess and improve sustainability practices, transparency and governance. The firm partners with management teams to drive not just financial returns, but also positive outcomes for employees, communities and the environment. Rajaa Berrkia, Partner and Director of Sustainability, said: “Impact is not an initiative – it’s a mindset embedded in everything we do. Our role as investors is to deliver sustainable value, and that includes reducing inequality, supporting inclusive job creation, and enhancing the resilience of the ecosystems we operate in.” Today, the portfolio companies managed by Mediterrania Capital collectively generate more than €2.2 billion in annual revenues and employ over 30,000 people across Africa, touching the lives of over 100 million people through the entire portfolio of African companies. With two of Mediterrania Capital Partners’ investee companies having reached unicorn status under MCP’s tenure, MC IV aims to increase that number further, reaching 200 million Africans. Governance and regulatory strength Mediterrania Capital Partners operates under rigorous governance structures and is licensed by the Malta Financial Services Authority (MFSA) under the EU AIFM Directive, as well as by regulatory authorities in Mauritius, Spain (CNMV) and Morocco (AMMC). This strong regulatory foundation supports the firm’s transparency, accountability and best-in-class operational standards. Since its establishment in 2013 in Malta, the firm has maintained a proactive and hands-on approach to portfolio management, promoting long-term growth through sound governance and impactful investment strategies.