BMCE Capital Investments Backs Moroccan Logistics Startup Cathedis with MAD7 Million Investment
Casablanca, Morocco – BMCE Capital Investments, the private equity arm of BMCE Capital, has announced a strategic investment in Cathedis, a leading Moroccan last-mile delivery logistics company. The investment, totaling nearly MAD7 million, includes MAD5 million from BMCE Capital’s dedicated venture capital fund (FCV) and an additional MAD2 million from Beltone Venture Capital, reflecting increased investor confidence in Morocco’s growing startup ecosystem.
Cathedis has emerged as a rapidly expanding force in the logistics sector, with a specialized focus on last-mile delivery. Backed by CDG Invest’s 212Founders program and Afri Mobility, both venture capital subsidiaries of the AKWA Group, Cathedis has steadily advanced its market position in Morocco. With this new capital injection, the company is well-positioned to bolster its domestic operations and accelerate its international expansion ambitions.
BMCE Capital’s investment underscores its mission to nurture high-potential Moroccan startups that can scale beyond borders, contributing to the country’s evolving startup landscape. By investing in innovative companies like Cathedis, BMCE Capital aims to create sustainable, long-term growth stories that enhance Morocco’s reputation in the global startup scene.
The addition of BMCE Capital Investments and Beltone Venture Capital to Cathedis’s roster of backers, which already includes CDG Invest and Afri Mobility, strengthens the company’s financial foundation. This support will enable Cathedis to expand its infrastructure and operational capabilities, meeting the needs of an increasingly dynamic market at home and abroad.
As Cathedis continues to gain momentum, it is poised to play a key role in transforming logistics across Morocco and beyond, positioning itself as an essential player in a rapidly evolving sector.