Investment holding · Casablanca

Capital that opens doors.

H&A Investment Holding is the El Fehdi family's investment company. We take minority and majority stakes in Moroccan businesses with strong potential, and we build the schools and homes that shape how people live and learn.

Every partnership begins the same way, with a door held open.

Rooted in Casablanca

Invested in Morocco's growth.

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A family's long view and a professional shareholder's discipline. We finance the start-up, growth, transfer and acquisition of companies, and we sit beside their founders on the decisions that matter.

2012

Incorporated in Casablanca as a société anonyme

100M MAD

Share capital

2000

Direct and indirect jobs generated by the group

40+

Years of the founder's experience in building companies

The group

One holding, three platforms.

H&A invests its own capital and that of its partners, and operates directly wherever it can build something that lasts.

H&A Investment Holding SA

Holding · Casablanca

  1. Education

    British International School of Casablanca

    Founded 2017 · Ages 3 to 18

  2. Real estate

    Gloriam Residences & Resorts

    Quintessence · Les Érables

  3. Private equity

    Minority and majority stakes

    Six sectors of expertise

01

Education · Since 2017

British International School of Casablanca

Founded by H&A and built by its real-estate arm, BISC gives pupils from 3 to 18 a British education on its campus on Route Sidi Messoud, from the Early Years to A level.

3–18
Ages
IGCSE · A level
Qualifications
BSO
UK inspection framework
Read more

02

Real estate · Dar Bouazza

Quintessence

Seventy-nine villas in a gated estate on the Atlantic coast, on 4.5 hectares kept 70% green, designed by the architect Omar Alaoui and developed by Gloriam.

79
Villas
4.5 ha
Estate
70%
Green space
Read more

Illustration

Portfolio and projects

Company by company, project by project.

The platforms we own and run, the homes we have built, and the projects we have announced.

  1. 01

    EducationCasablanca · Route Sidi Messoud

    British International School of Casablanca

    A British education from 3 to 18, founded by H&A in 2017.

    3–18Ages
  2. 02

    Real estateCasablanca

    Gloriam Residences & Resorts

    The group's real-estate arm: construction, development, promotion and leasing.

    10M MADShare capital
  3. 03

    ResidentialDar Bouazza

    Quintessence

    Seventy-nine villas on a 4.5-hectare estate above the Atlantic, designed by Omar Alaoui.

    79Villas
  4. 04

    ResidentialCasablanca

    Résidence Les Érables

    An urban residence in Casablanca, from Gloriam's portfolio of homes.

    GloriamDeveloper
  5. 05

    ResidentialDar Bouazza

    Bleu Azur

    A residential subdivision on the Atlantic coast at Dar Bouazza, developed by Gloriam.

    CoastSouth of Casablanca
  6. 06

    Announced · 2019Rabat · Tangier · Marrakech

    New BISC campuses

    Plans for British school campuses in three more cities, announced in 2019.

    3Cities
  7. 07

    Announced · 2021Laâyoune

    A British school in the southern provinces

    A school campus project in Laâyoune, announced in 2021.

    300M MADAnnounced investment
  8. 08

    Private equityMorocco

    Minority and majority stakes

    Equity for start-up, development, transfer and acquisition, in six sectors of expertise.

    6Sectors

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Across Morocco

Rooted in Casablanca, building across the kingdom.

Casablanca

Our home city

The head office in Maarif, the British International School on Route Sidi Messoud, and the Quintessence villas at Dar Bouazza.

Fès

Where it began

The city where the founder, Ahmed El Fehdi, was born.

Rabat · Tangier · Marrakech

New campuses

Plans for new BISC campuses, announced in 2019.

Laâyoune

The southern provinces

A British school campus project, announced in 2021.

Announced projects are shown as announced publicly; dates and amounts are those given at the time.

Casablanca Rabat Tangier Fès Marrakech Laâyoune

Greater Casablanca

OperatingAnnounced

A family enterprise

Built by the El Fehdi family.

H&A was founded by Ahmed El Fehdi, who has spent more than forty years building companies. Members of the family lead the holding today and sit on the boards of its companies.

Meet the family

Why Morocco

A country building at scale.

We invest where Morocco is growing fastest. Four signals our sector teams follow.

  1. 2030

    Hospitality · Real estate

    FIFA World Cup

    Morocco co-hosts the 2030 World Cup with Spain and Portugal, a decade of investment in hospitality, transport and real estate.

    Source · FIFA, 2024

  2. 19.8M

    Hospitality

    Visitors in 2025

    A record year for tourism, 14% above 2024, on the way to a national target of 26 million visitors by 2030.

    Source · Ministry of Tourism, January 2026

  3. 11.1M

    Logistics · Industry

    Containers at Tanger Med

    The port handled 11.1 million TEU in 2025, up 8.4%, carrying Morocco's industry and trade.

    Source · Tanger Med Port Authority, 2026

  4. 2030

    Media and new technologies

    Digital Morocco

    The national digital strategy launched in 2024 aims for 3,000 start-ups and a larger digital economy by 2030.

    Source · Ministry of Digital Transition, 2024

Our approach

A shareholder who works alongside founders.

  1. 01

    Start-up

    Venture capital to launch a company with a clear plan and a committed team.

  2. 02

    Development

    Growth capital to expand capacity, enter new markets or go international.

  3. 03

    Transfer

    Capital for succession and ownership changes, so a company outlives a generation.

  4. 04

    Acquisition

    Buyout and build-up capital to acquire, combine and grow.

Minority or majority stakes, on our own account or alongside co-investors. How we invest

Sectors

Where we invest.

We invest where our teams have built real expertise, and where Morocco is growing fastest.

  1. 01Real estateDevelopment, construction and promotion of residential and institutional assets.
  2. 02FinanceFund management and equity financing for companies at every stage.
  3. 03Agro-industryAgri-food value chains serving the Moroccan market.
  4. 04EducationInternational schooling to British standards.
  5. 05Business hospitalityHotels and residences for business travel.
  6. 06Media and new technologiesDigital, media and technology ventures with scalable models.

Also active in import-export, logistics, supply, industry and health.

Rigorous ethics, Confidentiality, Transparency, Professionalism, Proximity

Responsibility

What we leave behind matters.

  • 2,000

    Jobs

    The companies the group supports generate 2,000 direct and indirect jobs across real estate, education, agri-food, logistics and industry.

  • 4.4M MAD

    Scholarships of excellence

    During the pandemic, H&A and BISC opened a scholarship fund of more than 4.4 million dirhams, contributed to Morocco's special fund for the management of the pandemic, and maintained the school's jobs.

  • Chevening

    A partnership with the British Embassy

    The British Ambassador to Morocco, Simon Martin, launched a Chevening scholarship partnership with BISC, adding to scholarships worth more than three million dirhams.

Our commitments

For founders

Our door is open.

Building a company with real potential? Tell us about it. Our sector teams study every serious project, at every stage of its life.

Submit a project Contact us