Finance

US Capria Ventures completes the first operation in the MEA region

US Capria Ventures completes the first operation in the MEA region
Wednesday, 16 December 2020 18:11

The U.S. investment firm Capria Ventures has entered into an undisclosed strategic transaction with the UAE-based venture capital firm Global Ventures.

The transaction consists of an investment in Global Ventures' second fund, dedicated to startups in the Middle East and Africa (MEA) region. This is Capria Ventures' first direct transaction in the region.

"We are delighted to welcome a new investor to the regional ecosystem. Capria is one of the first US fund-of-funds to invest in the region and is internationally renowned for its success in emerging markets," said Noor Sweid (pictured), founder and senior partner of Global Ventures.

“We are very excited to see the transformative impact this investment and partnership will have across the region," he added.

Through this commitment, Capria intends to capture investment opportunities in the MEA region through equity investments in the health, financial services, education, agriculture, and digital sectors.

The venture capitalist Global Ventures, which targets growth companies, has integrated into its portfolio some twenty companies operating in about fifteen markets.

Chamberline Moko

On the same topic
African multilateral lenders introduce tool to detect early signs of debt stress Initiative follows disputes over Ghana and Zambia debt...
Amethis and Morocco’s Retail Holding acquire majority control of OCS Adenia Partners and Proparco exit after entering the group in 2021 OCS operates...
Ethiopia to reopen talks on restructuring its $1 billion Eurobond OCC says draft deal fails comparability of treatment debt-relief...
GTCO completed a 10-billion-naira private placement on January 30, 2026. The deal involved 125 million new shares issued at 80 naira each. The capital...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
03

Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...

WAEMU employment tops 50% in 2025, but job quality remains weak
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...

Nigeria’s central bank upgrades fintech licenses amid rapid digital growth
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.