The Empower Africa Business Platform is Now Live !!!
Mediterrania Capital Partners (MCP) and CDG Invest Growth have made a combined capital injection of $59 million into Dislog Dispositifs Médicaux (DDM), the medical device subsidiary of Dislog Group.
This marks the largest fundraising in Dislog’s history and a major milestone for its healthcare division.
Founded in March 2025, DDM brings together four recently acquired companies—Afrobiomedic, Eramedic, Farmalac, and Megaflex—creating a consolidated medical device platform covering areas such as laboratory equipment, cardiology, gastroenterology, and pharmaceutical packaging.
Under the leadership of Moncef Belkhayat, Dislog Group has emerged as a leader in Morocco’s fast-moving consumer goods market.
The group now distributes over 100 brands across its food, hygiene, and healthcare units.
Within its healthcare branch, DDM is focused on designing, manufacturing, and supplying medical devices to professionals across both public and private sectors.
DDM is positioning itself as a one-stop provider of medical device solutions — encompassing procurement, installation, engineering, technical support, and maintenance services.
Albert Alsina, founder and CEO of Mediterrania Capital Partners, said the investment underscores the firm’s dedication to high‑impact sectors in Africa and praised Belkhayat’s vision to create a national and regional champion in medical devices.
Hatim Ben Ahmed, MCP’s managing partner, added that by applying their value-creation model and pursuing a buy‑and‑build approach, they aim to establish a leading medical equipment platform that delivers sustainable returns while enhancing access to essential healthcare for Moroccans.
This capital raise follows CDG Invest Growth’s earlier participation in April 2025, when it committed approximately $15 million from its Capmezzanine III fund in a reserved capital increase—marking its fifth investment in the healthcare sector.
The April funding was intended to support both organic growth and targeted acquisitions, pending regulatory approval by Morocco’s Competition Council.
During Mediterrania’s prior involvement in Dislog, from July 2021 until April 2025, the firm helped the group nearly double its annual revenue to over €332 million—an increase of about 89%—while tripling its workforce from roughly 1,000 to over 3,500 employees.
The group also made substantial progress in renewable energy adoption and waste management practices.
The investment is set to fuel Rensource’s expansion plans and strengthen its position as a key player in the country’s solar energy market.
Google has unveiled the latest cohort of startups selected for the 2024 Google for Startups Accelerator Africa program, reinforcing its commitment to fostering Africa’s growing tech ecosystem.
The International Finance Corporation (IFC), a member of the World Bank Group focused on private sector development, is providing a significant boost to South Africa’s ongoing energy transition and affordable housing initiatives.
