Senegal : Teranga Capital takes minority stake in premium leather brand MARAZ 

Teranga Capital, a Senegalese impact investment fund, announced a minority equity investment in MARAZ, a premium leather goods brand founded in 2017 by Moustapha Sy Ndiaye. The deal is designed to strengthen production capacity, formalise organisational structures, and support MARAZ’s expansion across African and international markets, blending local craftsmanship with contemporary design. For Teranga Capital, this move underscores its strategy to back high‑potential SMEs and build regional champions within a dynamic entrepreneurial ecosystem.