New White Paper: Mobilizing the Diaspora through Private Equity

 

I&P is proud to announce the publication of the white paper “Mobilizing the Diaspora through Private Equity,” in collaboration with IFAD and Ciwara Capital. This document highlights the key stages and lessons learned from the creation of an investment company founded by the African diaspora to support SMEs on the continent, leading to the launch of Ciwara Capital.

Through practical recommendations and inspiring perspectives, this white paper offers a valuable roadmap for anyone seeking to leverage resources for African development.

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Introducing Fako Capital, the first impact fund dedicated to SMEs in Central Africa

 

I&P is proud to support the launch of Fako Capital, the first impact investment fund based in Cameroon, and the 8th fund sponsored by I&P Développement.

In this short video, discover the ambitions of Fako Capital through the testimonies of Vivian Tchatchueng, Managing Director, Vivianne Sagpin from the Cameroonian company Lakelle, David Munnich, Director of I&P Développement, and Prévost Kla, Investment Director at I&P.

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I&P organises the 10th edition of the annual Entrepreneurs' Seminar, bringing together 70 African entrepreneurs

 

From November 5 to 7, 2024, Investisseurs & Partenaires (I&P) and Le Club Africain des Entrepreneurs co-hosted the tenth edition of the Séminaire Entrepreneurs.

70 African entrepreneurs from a dozen sub-Saharan African countries, financed by the I&P network, met for a 3-day training course focused this year on “ Improving business management and succeeding in raising funds ”.

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Newsletter n°45 : summary of an eventful first quarter

 

In this 45th edition of our newsletter: 

⇒ Focus: Inua Capital (Uganda) and Zira Capital (Mali) make their first equity investments 

⇒ Protrait : Meet Folly Koussawo from Trianon Homes in Gabon

And all I&P news from the first quarter of 2024.

 

 

 

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Forna Health Foods

Sector of activity: Agro-food
Status: Investissement en capital
Entrepreneur: Angella Nabweteme, Hilary Bainemigisha
Country: Uganda
A propos:

Forna Health Foods is a female-founded and female-led social business that manufactures Aunt Porridge and Instapo!, healthy, nutritious (and delicious!) porridges that are targeted at helping weaning infants, children, breastfeeding mothers, immune-compromised patients (and even the entire family) access essential nutrition to thrive when they need it the most! 

Forna Health Foods are the makers of Aunt Porridge and its instant porridge version (Instapo!) – this essential breakfast staple and its 10+ ingredients are all-natural (no added preservatives), homegrown in Uganda (providing a market for 1,000s of smallholder Ugandan farmers) and are jam-packed with protein, vitamins and fibre (unlike single grain porridges made from millet or maize) to boost infant and child nutrition.

 

Partnership with Inua Capital

Inua Impact Fund has invested equity and mezzanine financing into Forna Health Foods to scale its reach nationwide and expand its ability to source farm produce from smallholder farmers across Uganda. 

Together with Inua Capital, Forna Health Foods will scale its product reach across the country and beyond, increase and improve its product offerings, further mechanize its production processes and make an indelible imprint on the health and nutrition of Africa’s children and families for years to come!

In portfolio since: 2024

Equator Chocolate

Sector of activity: Agro-food
Status: Investissement en capital
Entrepreneur: Gustav Gonget, Barbara Gonget
Country: Uganda
A propos:

Equator Chocolate is a paragon of artisanal mastery and distinction within Uganda’s chocolate landscape. Established in 2018, Equator Chocolate is a pioneer in adding value to Uganda’s cocoa (in place of exporting the raw commodity), buying cocoa from smallholder farmers in Uganda to manufacture dark, milk and white craft chocolate loved by local consumers and corporate kitchens alike, and customized for special occasions and premium brands across East Africa.

Equator Chocolate manufactures white, milk and dark craft chocolate from organic and sustainably-grown Ugandan cocoa. Equator’s chocolate is internationally award-winning, winning a bronze medal at the 2023 Agency for the Valorization of Agricultural Products (AVPA) International Gourmet competition in Paris.

Equator serves a wide range of customers: from hotels, lodges and high-end brands seeking to give their discerning clients a delectable taste of Uganda; to ethical consumers in export markets (predominantly Europe) where it retails with high demand; to bakers, chocolatiers, cafes and other corporate kitchens across East Africa whose products require high-quality chocolate; to local individual consumers that pick up an Equator Chocolate off the shelf to satisfy a craving or celebrate a special occasion. 

 

Partnership with Inua Capital

Inua Impact Fund has invested equity and mezzanine financing into Equator Chocolate to scale its production by over 3x and expand its ability to source cocoa from local smallholder farmers at a premium price. 

Inua’s investment in Equator Chocolate intends to put Ugandan chocolate on the map! (no pun intended)

In portfolio since: 2024

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