I&P Développement

Citrine Corporation is a company specialized in the processing of cassava into fresh attiéké (cassava semolina) and placali (cassava paste) in the south of Côte d'Ivoire, more precisely in Grand-Bassam. The company markets its products on the local and international market. Since the release of the products on the market, they are highly appreciated by the local community and the diaspora, for their quality and their branding which highlights the pride of the African identity.

THE ENTREPRENEUR

Mohamed Diaby holds an MBA in International Business Management which he will complete in 2014 at the École Supérieure de Management de France and an M.sc. in Banking, Finance and Risk Management which he will complete in 2012 at Glasgow Caledonian University in the UK. He has six years of experience in food trading.

CONTRIBUTION OF COMOE CAPITAL

The I&P Acceleration in Sahel funding will enable the company to optimise and increase its production capacity. The company will also benefit from the support of several consultants who will support the local commercial strategy, the optimisation of production processes and accounting and financial processes, the training of employees on quality and hygiene measures and on environmental issues, particularly with regard to the management of waste from the activity.

In terms of impact, the company plans to create 23 new jobs by 2022.

YAM AGRO is a company that operates in the food industry. Created in 2019, it specializes in the production of syrups (bissap, ginger) and mango jam.

THE ENTREPRENEUR

YAM AGRO INDUSTRIE was founded by Steve YAMEOGO. Passionate about the agricultural sector and having grown up in the food processing industry, he holds an engineering degree in electromechanical engineering from the Private Polytechnic Institute of Casablanca (Morocco).

CONTRIBUTION OF SINERGI BURKINA

YAM AGRO is accompanied by SINERGI BURKINA within the framework of the I&P Acceleration program in Sahel.

The main objective of this partnership is to :

• Improve product quality and increase syrup production capacity
• Consolidate its gains in the market (strengthen its positioning and build loyalty among existing customers) and win a larger customer base at the national level
• Restructuring the company and strengthening its management system
• Diversify the company's products through the production of bissap wine

EXPECTED IMPACTS

• Consolidation and formalization of 7 existing jobs and creation of 10 new formal jobs for young people and women
• Contribution to the national economy through the payment of taxes to the tax authorities 
• Contribution to the development of agricultural sectors through the valorization of local products

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​​

La Maison Fenel produces and markets fashion accessories (fitted accessories, ordinary sewing accessories and leather goods accessories) from local fabrics woven in Burkina Faso (Faso Danfani). 

The Entrepreneur

Fenel was founded in 2019 by Angéline TRAORE YOUGBARE, who before creating the company, worked for 10 years as manager and main designer at Nagteedo Création, a company specialized in fashion and pearl jewelry. Passionate about fashion since 2007, it is in 2019 that she started to develop local woven loincloths such as the Faso Dan fani.

Discover our video report on Maison Fenel

Contribution of I&P Acceleration in Sahel and Sinergi Burkina

La Maison Fenel is supported by Sinergi Burkina as part of the I&P Acceleration program in Sahel.

The main objectives of this partnership are to :

• Increase production capacity and product quality
• Diversify the company's products by launching a range of ready-to-wear products made from Faso Danfani
• Set up an internal accounting system kept by a professional
• Strengthen the sales force and the visibility of the company 
• Restructuring the company and strengthening its management system

Expected Impacts

• Consolidation of 7 existing full-time jobs and creation of 6 new formal jobs for young people and full-time women
• Contribution to the national economy through the payment of taxes to the tax authorities
• Increased revenues for Faso Danfani loincloth weavers
• Creation of a strong added value through the valorization of local products
• Reducing imports of fashion accessories and strengthening exports

Read more

Company's website

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​

A family business created in 1996 by Moumouni KONATE, the Savonnerie Parfumerie du Houet (SPH) is a company specialized in the production and marketing of shea butter-based hygiene products.

At the beginning, it was just a simple artisanal soap production unit which, thanks to the dynamism and commitment of the team, has been able to modernize and position itself as one of the leaders in its field. Within the framework of its partnership with SINERGI Burkina, the SPH aims to market just over 3,000 tons of cosmetic products in Burkina Faso.

THE ENTREPRENEUR

A former career banker, Mr. KONATE has more than 15 years of banking experience and holds a professional banking diploma from the Institut des Arts et Métiers de Paris. During his entrepreneurial career, he was 1st vice-president and then president of the Global Alliance of Shea (AGK). His commitment and dynamism have earned him several laurels:

• Industrial Companionship Award France/Africa/Mediterranean (2006) with l'OCCITANE
• Knight of the Order of Merit of Commerce and Industry (2009)
• Award for the best exporter of the Agency for the Promotion of Exports of Burkina Faso (2012)
• Officer of the Order of Merit of Commerce and Industry in (2014)

CONTRIBUTION OF SINERGI BURKINA

The objectives of the partnership include :

• Support to the managerial team and operationalization of the governance bodies
• Reinforcement of the annual production capacity
• Diversification of customers and products

EXPECTED IMPACTS

• Formalization and protection jobs
• Valorization of local products
• Establishment of 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​

Created in 2005, Tropic 105 is a clothing company under the brand name Ciss St Moïse. For 30 years, the promoter has been promoting African fashion and has established itself as a key player in the clothing sector. The company has 4 shops open in 3 boroughs of Abidjan.

THE ENTREPRENEUR

Holder of a degree in history and geography, M. Moussa Cissé began his career as a history and geography teacher. In 1989, he launched his custom-made clothing business. In addition to being the manager of the haute couture house Ciss St Moïse where he makes ready-to-wear and made-to-measure clothes, he is also the promoter of the N'ZASSA MODE festival organised in Ivory Coast since 2014.

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). →Site of Comoé Capital​

La Coccinelle is a private kindergarten and early childhood care centre offering a childcare service for young children in the interval between daycare (06 to 24 months) and kindergarten (24 to 60 months) as well as a bilingual recreation centre service during school holidays in Côte d'Ivoire. La Coccinelle plans to deploy a network of mini-crèches in different communes of Abidjan and to create a training centre for early childhood educators. 

THE ENTREPRENEUR

La Coccinelle was created by Mrs. Sara Adico. After a Professional Degree in Finance and Management, Ms. Sara ADICO joined UNACOOPEC-CI microfinance in 2002, as a credit analyst until 2006. She then managed the Raggi Anne Marie Institution, an international public school (IRMA) for 6 years. This experience led her to create her own school, which she has been managing since 2011. In 2016, she obtained a certification of competence in NGO management awarded by the UNESCO CHAIR for the Culture of Peace in Côte d'Ivoire.

PRINCE DESSUTI INTERNATIONAL is a sole proprietorship operating in the textile and clothing sector. PRINCE DESSUTI is a clothing brand that has established itself on the national and international market and has won several distinctions by offering several types of garments sewn to measure and at the customer's request, or in ready-to-wear.

THE ENTREPRENEUR

Marcel OUEDRAOGO is passionate about styling, fashion and creation. After several years of apprenticeship in sewing workshops in Burkina Faso, he decided to launch his own brand PRINCE DESSUTI INTERNATIONAL in 2001 under the label Prince D.

Since 2016, Mr OUEDRAOGO has been the president of the Union des Professionnels du Textile et de l'Habillement du Centre (UPROTEX-HAC), a cluster which aims to promote African textiles in general and Faso Danfani in particular. This internationally renowned designer, like other designers and fashion creators, turned to couture out of necessity and discovered a passion that allows him to impose himself today and promote the culture of Burkina Faso. He participates in several training courses and exhibitions nationally and internationally.

CONTRIBUTIONS OF SINERGI BURKINA

The objectives of the partnership are to :

• Contribution to the marketing and sales effort
• Reinforcement of the production capacity
• Organizational capacity building

IMPACTS

• Consolidation of more than 40 full and part-time jobs
• Improvement of employee income and contribution to the national economy
• Valorization of local production

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

ABOUT USAID PROGRAM

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

BIOPROTECT is a production and marketing unit for organic inputs (biopesticides and organic amendments) based on local natural resources (mushrooms, plants, agricultural and livestock residues).  To date, it markets eight products on the Burkinabe market:

•  2 biostimulants/fungicides (to stimulate the natural defences of plants)
• 4 organic insecticides
• 1 food storage warehouse treatment product
• Compost.

Beyond producing and marketing organic inputs, BIOPROTECT offers other services that complement the input activity which are :

• The processing and/or marketing of raw products (tomato puree, green beans, sesame) from the exploitation of market gardeners and farmers accompanied by the company.
• The provision of services (technical support, training, assistance, advice) to natural and legal persons active or wishing to engage in ecological/biological production

ENTREPRENEURS

Mr. Arsène SAVADOGO, is a graduate of a double master's degree in strategy of agri-food companies and in economic and financial engineering of projects and public policies. Mr. SAVADOGO has been managing BIOPROTECT since its creation in 2011. He is currently coordinating a multi-stakeholder consortium (composed of INERA, IRD, ARFA, BIOPHYTECH and BIOPROTECT) led by BIOPROTECT-B which is working on a research and development programme on quality improvement of organic soil improvers funded by the EU. 

CONTRIBUTIONS FROM SINERGI BURKINA

Bioprotect is supported by Sinergi Burkina through private equity.

MAIN IMPACTS

• Consolidation of existing jobs and job creation
• Development of sustainable agriculture
• Valorization of local products

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

MAÏA AFRICA SAS is a social company based in Ouagadougou in Burkina Faso developing solutions to protect African populations from malaria. The first product designed by the company, MAÏA® is a shea butter-based ointment that protects users from Anopheles mosquitoes more than 5 hours after application. After a successful prototyping and test phase, Maïa has just launched the first long-lasting anti-mosquito ointment for the Burkinabe population and more generally West Africa.

ENTREPRENEURS

Gérard Niyondiko is co-founder and managing director. He leads the research with technical partners. Gérard holds a Master's degree in water and sanitation from the 2iE engineering school (Burkina Faso) and a Master's degree in chemistry from the University of Bujumbura (Burundi). He previously worked as a chemistry teacher and technical director for an industrial company.

Franck Langevin is co-founder and president of the company. He is in charge of strategy, operations, marketing and partnerships. Franck has worked for 15 years in the field of marketing of innovative solutions and in international trade. He holds certificates in management from Stanford University (USA), Dublin University (Ireland) and NEOMA (France).

CONTRIBUTIONS BY SINERGI BURKINA

The objectives of partnerships include

• Organizational capacity building
• Financing of mass communication (posters and advertising spot)
• Acquisition of raw materials from local producers

EXPECTED IMPACTS

• Fight against malaria
• Protection of more than 100,000 lives
• Improvement of the incomes of shea butter producers and resellers

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

ABOUT USAID PROGRAM

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

Created in 2003, MAMA is an industrial unit that is involved in the production and marketing of spring water in plastic bags and glass and fruit nectar. Since 2014, the company has set up a fruit nectar production line under the name "MAMAJUS". MAMA has been supported by Sinergi Burkina since 2019 as part of the Partnering to Accelerate Entrepreneurship (PACE) program in partnership with the United States Agency for International Development (USAID).

THE ENTREPRENEUR

MAMA was created by Amamatou MAIGA who naturally became involved in the management of the family business at a young age. She began her apprenticeship as a customer manager alongside her father in the TRANSMIF company, a family business that was involved in inter urban transport.

CONTRIBUTIONS FROM SINERGI BURKINA

The USAID program funds the following activities:

• Strengthen the commercial action of the company, which will allow it to penetrate the fruit juice market through communication and the acquisition of a delivery vehicle.
• Rehabilitate the water production line MAMA CUP
• Strengthen the capacities of the company's accounting department by training agents and setting up management tools.

About Sinergi Burkina

Created in 2016, 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

ABOUT USAID PROGRAM

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