
ICOSIA Capital
Structured and regulated investment

Industrial Excellence & Operational Capabilities
Governed by Law N° 06-11 of June 24, 2006, relating to investment capital companies. It began its activity in May 2018, after obtaining its approval from the Ministry of Finance on March 15, 2018, under decision N°29, with a share capital of one billion five hundred million dinars (1,500,000,000 DZD) 100% held by the Madar Holding/spa group.
- Venture capital: 'Feasibility capital' or 'seed capital' before creation; 'Creation capital' at creation phase.
- Development capital: Support for development, transfer, and acquisition of company shares to accompany growth.
Structured Organization in Complementary Units
Initial Contact
First contact and project presentation, defining the terms of the partnership.
Application Receipt
Submission of the complete application and signing of a confidentiality agreement (NDA).
Application Review
Technical, financial, and legal review of the application, followed by the investment committee’s opinion.
Board of Directors
Final decision by the Board of Directors and notification of approval or rejection.
Decision Making
If the application is accepted, a shareholder agreement is signed to establish the rules of the partnership.
Key Competencies & Core Segments
Agri-food industry
Support for innovative and safe food production and processing.
Housing
Support for sustainable and modern real estate and infrastructure projects.
Tourism
Investment in tourism projects and innovative hospitality services.
Transport & logistics
Financing mobility projects and smart, efficient logistics solutions.
Energy Sectors
Support for renewable energy projects and sustainable infrastructure.
Processed Products
Investment in local industrial production outside the oil and defense sectors.

ICOSIA Capital
Joint Stock Company (Spa)
General Assembly Board of Directors
1.5 billion DZD (15,000 shares of 100,000 DZD, subscribed by MADAR Holding)
Contact & Head Office
Official contact points of the subsidiary
Would you like to learn more about our activities?
Our management and corporate communications teams are available for any partnership or information inquiries.