The project consists of an equity participation in Titan VC Fund, a USD 65m fund targeting small and medium-sized technology enterprises (SMEs), more specifically in the big data, artifically intelligence (AI), machine learning sectors in Tunisia, Algeria and Morocco.
The fund aims at generating financial returns on investments for its investors through a minority participation in companies led by young and local entrepreneurs. The fund manager will seek to create value through a hands-on management approach, driving the growth and profitability of investee companies and enhancing enterprise skills, governance as well as environmental and social standards.
*Contact information not provided at the time of disclosure*
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