Finance

Mediterrania Capital Partners Fully Exits Moroccan Healthcare Group Akdital

Mediterrania Capital Partners Fully Exits Moroccan Healthcare Group Akdital
Monday, 28 April 2025 10:46

• Mediterrania Capital Partners finalizes full sale of its 10.5% stake in Akdital.
• Exit comes after Akdital’s strong financial growth and a major capital increase in 2024.
• Akdital plans major expansion across Morocco with $140 million in new investments.

Mediterrania Capital Partners (MCP) has completed its full exit from Akdital, Morocco’s leading private healthcare group. The Malta-based investment fund announced on April 25 that it had sold its remaining 10.5% stake in the company for an undisclosed amount.

The move follows MCP’s partial exit in December 2022, when Akdital went public on the Casablanca Stock Exchange. At that time, MCP sold 66,670 shares at 3,000 dirhams each, which included a 100-dirham face value and a 2,900-dirham share premium. The transaction allowed MCP to recover nearly 200 million dirhams, representing close to 80% of its original 250 million-dirham investment made in 2020.

MCP’s full exit comes as Akdital strengthens its balance sheet. In July 2024, the healthcare group raised 1 billion dirhams through a capital increase. Following the operation, Akdital’s market valuation now exceeds €1 billion.

Akdital reported revenue of 2,954 million dirhams in 2024, up 55% from the previous year. EBITDA reached 839 million dirhams, a 64% increase, with margins improving from 26.8% in 2023 to 28.4% in 2024. Consolidated net income stood at 348 million dirhams, a 76% rise. Net income attributable to the group reached 315 million dirhams.

Since MCP’s investment, Akdital has cemented its position as Morocco’s top private healthcare operator under the leadership of its founder and CEO, Rochdi Talib.

Looking ahead, Akdital plans to expand its network between 2025 and 2026. The company aims to open new facilities in five major cities and seven mid-sized towns across Morocco where medical services are limited. This expansion program will require an investment of 1.4 billion dirhams, accounting for over 70% of the funds raised in the latest capital increase.

Founded in 2010, Akdital currently operates 35 multidisciplinary and specialized clinics across the country, offering services in cardiology, cardiac surgery, neurosurgery, oncology, intensive care, and neonatology.

Akdital’s growth comes at a time when the private sector accounts for 38% of Morocco’s hospital capacity, in a country where hospital bed availability remains low at 1.2 beds per 1,000 people, compared to a regional MENA average of 1.5 beds per 1,000.

Chamberline Moko

On the same topic
• The International Monetary Fund (IMF) has granted Zambia a three-month extension for its Extended Credit Facility (ECF) program, pushing the deadline to...
• The government announced plans for a new guarantee fund to ease SME access to credit.• Only 22% of SMEs in the country currently access formal bank...
(CHOISEUL AFRICA) - For the very first time, the Choiseul Africa Summit was held in East Africa. Led by Choiseul Africa, chaired by Pascal Lorot, in...
• SUNU Assurances Nigeria projects 45% drop in 2025 profit before tax• Forex losses and rising reinsurance costs weigh on earnings outlook• Gross premiums...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
03

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
04

Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...

Saudi Arabia’s 2025 Shopping List Now Includes Industrial Parks in Africa — With a $700 Million Entry Ticket
05

As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin i...

How Benin, a Small West African Nation, Became a Darling of Regional Debt Markets
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.