Shirt a Phobia

Sample Page

The Mohammed VI Investment Fund (French: Fonds Mohammed VI pour l’Investissement; FM6I) is a Moroccan state-owned investment fund established in 2021 to support productive investment in sectors regarded as strategic for the national economy. Created in 2021, it operates as a public limited company wholly owned by the Moroccan state. Its headquarters are in Rabat.[1][2]

The fund was announced in 2020 in the context of Morocco’s economic recovery measures following the COVID-19 pandemic.[3]

History

The creation of the fund was announced in July 2020, and Draft Law No. 76-20 was adopted later that year.[4]

FM6I forms part of a broader set of investment and financing reforms introduced in the early 2020s. International institutions have identified it as a component of Morocco’s post-pandemic investment framework.[5]

The operational rollout of the fund accelerated during the mid-2020s. The fund has supported the creation of thematic investment vehicles, including a set of 14 sectoral funds.[6]

In May 2025, Nezha Hayat succeeded Mohamed Benchaâboun as chief executive officer.[7]

Activities

A major component of the fund’s model is the creation of thematic and sectoral sub-funds managed by external asset managers. By 2025, 14 such funds had been established.[6][8]

The fund has also participated in partnerships with international financial institutions. In 2021, the International Finance Corporation (IFC) signed an agreement with the Moroccan government to support implementation of the fund.[9]

In 2023, the fund and the African Development Bank signed a cooperation agreement to strengthen investment financing.[10]

In 2025, the fund participated in a consortium involving TAQA Morocco and Nareva for energy and desalination projects.[11][12]

Mandate

The fund finances and supports investment projects and enterprises operating in sectors considered strategic for the Moroccan economy.[13][14]

See also

References

  1. ^ “Round-up : ce qu’il faut savoir sur le Fonds Mohammed VI”. Médias24 (in French). 2022-10-19. Retrieved 2026-04-03.
  2. ^ “Le Fonds Mohammed VI pour l’Investissement engage 19 milliards de dirhams en fonds”. Maroc-Hebdo (in French). 2025-12-01. Retrieved 2026-04-03.
  3. ^ “Morocco • Benchaaboun seeks to stimulate economic recovery with Mohammed VI Fund – 22/09/2023”. Africa Intelligence. 2023-09-22. Retrieved 2026-04-03.
  4. ^ “Lower House Approves Mohammed VI Investment Fund Law”. Lexis Middle East. 18 December 2020. Retrieved 3 April 2026.
  5. ^ “OECD Investment Policy Reviews: Morocco 2024 (abridged version)” (PDF). OECD. 2024. Retrieved 3 April 2026.
  6. ^ a b “Le Fonds Mohammed VI pour l’Investissement annonce la sélection de 14 sociétés de gestion”. Le Desk (in French). Retrieved 2026-04-03.
  7. ^ “Nezha Hayat prend les rênes du Fonds Mohammed VI pour l’investissement”. Médias24. 12 May 2025. Retrieved 3 April 2026.
  8. ^ “Morocco’s Mohammed VI Investment Fund Selects 14 Firms to Manage USD 2.1B”. Waya. 13 July 2025. Retrieved 3 April 2026.
  9. ^ “IFC and the Government of Morocco Sign Partnership to Help Drive Economic Recovery”. International Finance Corporation. 25 June 2021. Retrieved 3 April 2026.
  10. ^ “African Development Bank, Mohammed VI Investment Fund join forces”. African Development Bank. 10 November 2023. Retrieved 3 April 2026.
  11. ^ “Morocco, TAQA, Nareva team up to develop energy projects”. Reuters. 19 May 2025. Retrieved 3 April 2026.
  12. ^ “Strategic Partnership Between the Government of Morocco and TAQA Morocco, Nareva, ONEE and the Mohammed VI Investment Fund to Develop Key Power and Water Infrastructures in the Kingdom of Morocco”. financialpost.com. 20 May 2025. Retrieved 3 April 2026.
  13. ^ “IFC s’associe au Fonds Mohammed VI pour l’Investissement pour financer des projets d’infrastructures durables au Maroc”. IFC (in French). Retrieved 2026-04-03.
  14. ^ “Private Equity : 19 milliards de dirhams mobilisés pour dynamiser l’investissement au Maroc (FM6I)”. Le Matin.ma (in French). 2025-07-11. Retrieved 2026-04-03.

See also