I&P Accélération au Sahel

Monsalon Pas Cher is a burkinabè company which evolves in the carpentry and interior decoration sector. Created in 2016, it produces and markets all types of living room furniture (sofa, armchair, table, etc.), kitchen and bedroom furniture, which it markets both in Burkina Faso and beyond the borders (Niger).

THE ENTREPRENEUR

Monsalon pas cher was created by Martial Hassan KOUDANA. Holder of a master's degree (Bac+4) in information and communication sciences and techniques from the University of Ouagadougou and a master's degree in strategic and operational management from 2iE, Mr. KOUDANA Martial KOUDANA has been employed in several major Burkinabe companies (Total Burkina, Edifice Mc Cann Burkina, Oxy Conseil) before starting. 

CONTRIBUTIONS OF SINERGI BURKINA

Monsalon Pas Cher is accompanied by SINERGI BURKINA as part of the I&P Acceleration program in Sahel with a financing up to 42000€ (27 500 000 FCFA).

The main objective of this partnership is to :

• Strengthen the sales force and the visibility of the company 
• Install a leather furniture production line
• To set up a good accounting system kept by a professional
• Boost the company's sales through the implementation of a new showroom. 
• Supporting the company in management (setting up an adequate formal management system, including accounting, financial and tax management, production and human resources management).

IMPACTS OF FINANCING 

• Consolidation of 22 existing jobs and creation of 13 new permanent full-time jobs
• Contribution to the national economy through the payment of taxes and duties to the tax authorities and the reduction of furniture imports
• Better structuring and organization of the company 
• Establishment of good governance

ABOUT SINERGI BURKINA

Created in 2014, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap).  → To learn more about Sinergi Burkina

KOOD is a young senegalese company specialized in the production and marketing of ice cream and frozen yoghurt in different flavours (vanilla, chocolate, bouye, etc.) under the brand name MILKY in different regions of Senegal. The company was created in 2016 by Mr Diadji Ka and his wife Ngoné THIAW, and started its production in December 2017.

THE ENTREPRENEURS

Diadji KA holds a Bachelor's degree in Information Systems from the Polytechnic University of Pomona in California (CAL POLY Pomona). He worked for 10 years in the United States before deciding to come back to Senegal in 2015 and devote himself to his entrepreneurial projects to create the company KOOD where he holds the position of manager and is in charge of the coordination of activities.

Ngoné THIAW holds a master's degree in finance audit. After several experiences in Senegal in accounting firms, she decided to join her husband in the United States, then returned to Senegal with him. She held the position of production manager during the first months of KOOD's activities and is now in charge of new product development.

PARTNERSHIP WITH TERANGA CAPITAL 

Teranga Capital's investment in KOOD aims to :

• Support the reflection on business development 
• Structuring and support for the development of management methods and tools, training, etc.
• Establishing contact with partner companies in Senegal and abroad

KOOD also benefits from financial support and technical assistance within the framework of the I&P Acceleration in the Sahel program, in partnership with the European Union. To cope with the unprecedented situation of covid-19, some fifteen companies benefit from technical and financial support to maintain their activities and overcome the crisis.

EXPECTED IMPACT

• Implementation of an energy and waste management process.
• Formalization of existing jobs, recruitment of qualified managers and manpower, improvement of working conditions.
• Support for the implementation of financial and administrative management tools.

ABOUT TERANGA CAPITAL

Teranga Capital is the first impact investment fund dedicated to the financing and support of Senegalese SMEs and start-ups. Headed by Olivier Furdelle, Teranga Capital is the third African fund sponsored by Investisseurs & Partenaires under the I&P Développement 2 program. The network currently includes a fund in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), Ivory Coast (Comoé Capital) and Madagascar (Miarakap). → Find out more about Teranga Capital

Created in the 2000s on the initiative of Mr Compaoré, the Institut Supérieur de Technologies (IST) is a private secular technical and vocational higher education institution. With more than 2,000 students spread over its 24 training courses, including 11 in management sciences, the institution currently has six sites, including three franchises.

IST prepares its students for BTS, Bachelor's and Master's degrees. It currently delivers 32 diplomas including 23 recognized by CAMES, thus placing the institution in 3rd place among the institutions with the highest number of recognized diplomas.

THE ENTREPRENEUR

Company manager with more than 20 years of experience as an entrepreneur and consultant, Issa Compaoré was trained as a State Engineer in Industrial Engineering with a specialization in Production Engineering at the Mohammedia School of Engineering (EMI in Rabat).

In 1995, back in Burkina Faso, he started teaching. He was then professor of physics, management and corporate culture at the National School of Telecommunications between 1997 and 2000. Parallel to his teaching duties, he also provides consulting services through his company called DEMAIN SARL (Développement et Management Industrie), created in January 1997. 

In 2000, driven by a strong entrepreneurial spirit, he decided to create IST (Institut Supérieur des Technologies).

PARTNERSHIP WITH SINERGI BURKINA

The objectives of partnerships include :

• The establishment of a reliable accounting information system
• Consolidation of contracts with franchises
• Trademark protection

The Institut Supérieur de Technologies also benefits from financial support and technical assistance within the framework of the I&P Acceleration in the Sahel program, in partnership with the European Union. To cope with the unprecedented situation of covid-19, some fifteen companies benefit from technical and financial support to maintain their activities and overcome the crisis.

IMPACTS

⇒ Consolidation of more than 150 full and part-time jobs

⇒ Reflection on a scholarship program for students in difficult circumstances

⇒ Establishing good governance 

ABOUT SINERGI BURKINA

Created in 2014, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap). → Sinergi Burkina website

The Institut de Management, de Gestion et d'Hôtellerie (IMGH) is a private technical and professional training structure specializing in the hotel industry created in 2009 by Mrs. Augustine Bro. The institution aims to improve and diversify its training offers by developing online access to continuing education.

THE ENTREPRENEUR

After several experiences as SVT teacher in Abidjan, Mrs. Augustine BRO is appointed director of studies in a hotel school where she noticed the lack of students in the profession of cooking and pastry in the city of Abidjan due to the lack of specialized institutions in the sector. She therefore decided to create with a few associates the Institute of Culinary Arts and Hospitality (IACH) in 1999 which became in 2008 the Institute of Management and Hotel Management (IMGH).

Find an interview with Augustine Bro (October 2019) :

The Institut de Management, de Gestion et d'Hôtellerie is supported through the Education Impact Fund (EIF), managed by Comoé Capital. This impact fund dedicated to education in Côte d'Ivoire is sponsored by Investisseurs & Partenaires (I&P) and the Jacobs Foundation. It provides financial and managerial support to Ivorian SMEs and start-ups with the aim of improving the quality and/or access to education in the country.

The Institut de Management, de Gestion et d'Hôtellerie also benefits from financial support and technical assistance within the framework of the I&P Acceleration in the Sahel program, in partnership with the European Union. To cope with the unprecedented situation of covid-19, some fifteen companies benefit from technical and financial support to maintain their activities and overcome the crisis.

ABOUT COMOE CAPITAL 

 Comoé Capital is the first impact investment fund dedicated to the financing and support of Ivorian SMEs and start-ups. Headed by Issa Sidibé, Comoé Capital is the fifth African fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), Senegal (Teranga Capital) and Madagascar (Miarakap). → More information about Comoé Capital

A family business created in 1999 at the initiative of Mrs TOURÉ, Rose Eclat is a company that operates in the agricultural field, more specifically in the processing of fruit and vegetables. Today, the company puts on the national and international market processed and/or dried fruits and vegetables certified BIO and HACCP such as mango (flagship product), banana, okra, strawberry, or onion. 

Rose Eclat works in partnership with more than 500 small producers, which she supports technically, organizationally and financially.
 

THE ENTREPRENEUR

Rosemonde Rita Evelyne TOURÉ has a postgraduate degree in law (DEA) and more than 20 years of experience in mango drying. She relies on her experience and a young and dynamic team to manage the company.

Her commitment and dynamism have earned her many distinctions such as :

• Knight of the Order of Merit of Commerce and Industry
• Green Africa" Quality Award, 2010
• UEMOA Quality Award 2017 awarded by ABNORMES
• Award of Excellence for the Best Exporter of the Year 2017

CONTRIBUTIONS BY SINERGI BURKINA

Rose Eclat is the first company run by a woman in the SINERGI BURKINA portfolio. The objectives of the partnerships are among others :

• The structuring and establishment of a management body
• Increasing annual production capacity 
• Customer and product diversification 
• Obtaining the British Retail Consortium (BRC) certificate

Rose Eclat also benefits from financial support and technical assistance within the framework of the I&P Acceleration in Sahel program, in partnership with the European Union. To cope with the unprecedented situation of covid-19, some fifteen companies benefit from technical and financial support to maintain their activities and overcome the crisis.

IMPACTS

• Formalizing and securing jobs
• Establishing good governance
• Payment of taxes and social contributions

ABOUT SINERGI BURKINA

Created in 2014, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap).  → To learn more about Sinergi Burkina

The company Teranga Automobiles is a car garage offering services of mechanical and electromechanical diagnosis, mechanical repair, maintenance, repair and maintenance of air conditioning.

ENTREPRENEURS

Teranga Automobiles was created by two associates who are :

Mr. Papa Sada SALL is a Mechanical Engineer with nearly 10 years of experience in the field of automotive mechanics.
Mr. Papa Mayacine DIOP is a consultant in Entrepreneurship and has worked with NGOs in Senegal. He holds a Bachelor's degree in Business Administration and a postgraduate diploma in International Relations.

OBJECTIVES

TERANGA AUTOMOBILES is supported by Teranga Capital within the framework of the I&P Acceleration program in the Sahel with a funding of €60,000 (39 million CFA francs) whose objective is to :

• Make the necessary investments for the deployment of the second garage
• Support the company in strategic thinking to meet the challenges of commercial development, creating a brand synonymous with trust and positioning that best meets the demands of the local market.
• Support the company in the implementation of a more efficient management system including the management of financial and operational data, inventory, cash and human resources.

EXPECTED IMPACTS

• Creation of stable jobs
• Capacity building of a low-skilled workforce in a very informal sector
• Fiscal and social formalization
• Establishment of a system for the collection of used oils and a system for the recycling of used spare parts

ABOUT TERANGA CAPITAL

Teranga Capital is the first impact investment fund dedicated to the financing and support of Senegalese SMEs and start-ups. Headed by Olivier Furdelle, Teranga Capital is the third African fund sponsored by Investisseurs & Partenaires under the I&P Développement 2 program. The network currently includes a fund in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), Ivory Coast (Comoé Capital) and Madagascar (Miarakap). → Find out more about Teranga Capital

SetTIC is a senegalese company specialized in the treatment of corporate waste (waste electrical and electronic equipment, waste characterization audit and recycling of special waste). It was created in 2013 and is managed by two women engineers specialized in information and communication technologies and the environment.

ENTREPRENEURS

Julie REPETTI is an engineer graduated from the Ecole des Mines de Douai and is specialized in environment, industry and strategic management with more than six years of professional experience. She started her career as an environmental safety engineer at EDF, then held project management positions at Alcatel Lucent and Nokia.

Boussoura TALLA GUEYE is an engineer graduated from INSA Toulouse and is specialized in information and communication technologies, with more than ten years of professional experience.

OBJECTIVES

SetTic benefits from the USAID and I&P Acceleration in the Sahel programs with a funding of €54,000 (35.5 million FCFA), the objectives of which are :

• To support the company in setting up a service offer, meeting international standards, to companies in West Africa.
• To support the company in strategic thinking to meet the challenges of commercial development, positioning and visibility.
• To support the company in the implementation of a more efficient management system including the management of financial and operational data, treasury and human resources.

EXPECTED IMPACTS

• Recycling of waste from all types of businesses
• Creation and formalization of stable jobs
• Payment of local taxes and duties

ABOUT TERANGA CAPITAL

Teranga Capital is the first impact investment fund dedicated to the financing and support of Senegalese SMEs and start-ups.

Headed by Olivier Furdelle, Teranga Capital is the third African fund sponsored by Investisseurs & Partenaires under the I&P Développement 2 program. The network currently includes a fund in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), Ivory Coast (Comoé Capital) and Madagascar (Miarakap). → Find out more about Teranga Capital

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) started in 2016 an innovative acceleration program for start-ups located in Niger, Burkina Faso and Senegal. The partnership will support high-potential start-ups and small and medium-sized enterprises to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still underdeveloped. →Click here to find out more

Le Lionceau is a small senegalese company specialized in the production and marketing of smooth purée for children from 6 months to 36 months. The products are of high nutritional quality and made from locally produced fruits, vegetables, cereals and ingredients. 

ENTREPRENEURS

The company was created by two agricultural engineers graduated from Montpellier Sup Agro who are : 

Mrs Siny SAMBA, Engineer graduated from Montpellier Sup Agro, with a specialization in infant nutrition and significant experience in a large multinational company specialized in infant food.

Mr. Rémi FILASTO', Engineer graduated from Montpellier Sup Agro, with a specialization in financing of agro/agri companies in France.

OBJECTIVES

Le Lionceau benefits from the I&P Acceleration in Sahel program with a funding of 30 million CFA francs (€45,000) whose objectives are to :

• Accompany the company in strategic thinking to meet the challenges of marketing, brand development, supply and positioning.
• Support the company in the implementation of a management system including the management of financial and operational data, inventory, treasury and human resources.

EXPECTED IMPACTS

• The creation and formalization of stable jobs 
• The valorization of local raw materials 
• The fight against child malnutrition 
• Fiscal and social formalization

About Teranga Capital

Teranga Capital is the first impact investment fund dedicated to the financing and support of Senegalese SMEs and start-ups. Headed by Olivier Furdelle, Teranga Capital is the third African fund sponsored by Investisseurs & Partenaires under the I&P Développement 2 program. The network currently includes a fund in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), Ivory Coast (Comoé Capital) and Madagascar (Miarakap). → Find out more about Teranga Capital

RAMA CEREAL is an agro-industrial company created in 2005. Its main activity is the processing of cereals such as millet, maize and rice. It is present on the local (Prosuma, Carrefour, Citydia, etc.) and international markets through various products and spices: millet granules, corn, rice, pre-cooked millet, attiéké (manioc semolina), ginger, gnangan, soumara, baobab. The company started its activities in the informal sector before becoming a sole proprietorship in 2005 and then a limited liability company in 2016.

THE ENTREPRENEUR

Aramatou Coulibaly holds a BTS in International Trade and a Bachelor's degree in English. She has worked as a consultant and sales assistant in companies such as Mobil Oil and Kompass-ci, and then as an interim employee at Orange. Noting the need for millet products, she decided to set up her own agro-industrial company in 2005. In 2012, she obtained support within the framework of the Trade and Regional Integration Support Programme (PACIR) financed by the European Union.

PARTNERSHIP WITH COMOE CAPITAL

• Strengthening governance and setting up a strategic committee

• Support for commercial development and the launch of infant flour

• Development of the new site, which must comply with all relevant health standards

• Acquisition of equipment to increase to 2 tons/day (vs. 400 kg today)

• Financing the purchase of raw materials to cover needs over 3 months

• Acquisition of rolling stock for distribution

RAMA CEREAL also benefits from financial support and technical assistance within the framework of the I&P Acceleration in the Sahel program, in partnership with the European Union. To cope with the unprecedented situation of covid-19, some fifteen companies benefit from technical and financial support to maintain their activities and overcome the crisis.

MAIN IMPACTS

• Impact on small producers through supervision and an increase in their productivity, and therefore their income

• Impact on nutrition with the launch of infant flour