I&P Développement

LAfricaMobile is a company specialized in mobile marketing. It allows its customers to carry out large-scale communication in countries such as Senegal, Mali, Guinea, Ivory Coast, Togo, Burkina Faso and Niger in USSD, SMS and Voice (Push, Pull) and Airtime. It is connected to all WAEMU operators and works with large local companies and NGOs.

THE ENTREPRENEUR

Malick Diouf is a telecommunications network engineer with a degree from INSA Toulouse and a Master's degree in information systems from the Grenoble School of Management. In 2009, he joined Highconnexion, a start-up specialized in value-added services where he held several positions. With the technical and financial support of Highconnexion's management team, he decided in 2014 to create LAfricaMobile, an aggregator specializing in large-scale communication for the African diaspora.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in LAfricaMobile aims to :

• Preparation of the sub-regional deployment and the refinement of the offer
• Structuration and support for the development of management methods and tools, training;
• Establishiment of contacts with partner companies in Senegal and in the sub-region.

EXPECTED IMPACTS

• Energy management above a certain level of activity
• Support for the implementation of financial and administrative management tools and strategic committees.
• Free campaigns for NGOs

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

FireFly Media is an advertising agency created in 2015, specializing in communication within public transport in Senegal, particularly buses. Exclusive agency of the association of financing of urban transport (AFTU), FireFly Media is the first actor to have massively deployed digital devices in buses in Senegal. It offers its services to communication agencies and non-governmental organizations.

ENTREPRENEURS

Mafal LO and Ali ERHOUNI are marketing professionals at the origin of FireFly Media.

Mafal LO is a computer engineer with more than ten years of professional experience in database management and computer development throughout the world (France, China, USA). Today, he is in charge of digital publishing and business development for FireFly Media.

Ali ERHOUNI is an expert in operational marketing and has about fifteen years of practice in this field. He spent ten years in the L'Oréal group as a packaging specialist. He is currently in charge of the implementation of FireFly Media's marketing strategy.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in FireFly Media aims to :

Connect with partner companies in Senegal and abroad
The outcome of the reflection of the economic model and sub-regional development plan
Structure and support for the development of management methods and tools, training.

EXPECTED IMPACTS

• Free road safety awareness campaigns
• 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

LA VIVRIERE is a senegalese SME specializing in the processing and marketing of local cereals created in 1992. With a single raw material at the beginning, millet, the company also processes maize and cowpea and markets pre-cooked fonio. It offers a wide range of traditionally African and typically Senegalese products which are sold under the brand name WIIW, on the local market and exported to the European Union, the United States, Canada and the rest of Africa.

Thanks to the quality of its products, the company has been awarded several times the quality prize by the European Union within the framework of its programs for the promotion of local cereals in Senegal.

In 2019, La Vivrière became the Société d'Exploitation des Céréales Africaines du Sénégal "SECAS" following the entry into its capital of FONSIS and Teranga Capital.

THE ENTREPRENEUR

Bineta Kone COULIBALY is an engineer in statistics and training and has a master's degree in economics and a higher diploma in management from the C.E.S.A.G. She was head of the economic and social statistics office before joining the BHS (Banque de l'Habitat du Sénégal).

She is a founding member of the group of local cereal processors in Senegal (T.C.L), of the national committee of the millet / sorghum initiative, of AAFEX, and of the association for the sustainability of family businesses.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in LA VIVRIERE aims to :

• Support the reflection on the extension of activities, national development in the first instance and partnership and support for the development of management methods and tools
• Support for the establishment of effective governance and the creation of a new production unit and its implementation.
• Connect with potential stakeholders in Senegal and abroad

EXPECTED IMPACTS

• Promotion of local raw materials
• Support for the implementation of effective governance and commercial, financial and administrative management tools
• Declaration and continuation of the formalization of salaried staff and the implementation of health coverage
• Tax formalization and remittance of VAT and other applicable taxes and dutie

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

Xoom Wireless is a Gambia-based internet service provider, established in 2017. It was granted a full operating licence in 2018 by the Gambian Public Utilities Regulatory Authority. The company intends to offer a wide range of broadband products to Gambian users through "LTE TDD" technology in and around Banjul.

THE ENTREPRENEUR

Kalifa FAAL is a computer science graduate from Florida State University. He has more than 10 years of experience in internet and web technologies. He worked for 8 years in the United States as a sales and marketing manager. He is the founder and CEO of KMF Technology, a computer hardware and tool supply company based in The Gambia.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in Xoom Wireless aims to :

• Support the reflection on the first phase of deployment and future extensions of the activity
• Strengthen managerial, technical and administrative management capacities by supporting the development of management methods and tools.
• To enable the project to benefit from Teranga Capital's network, to put it in touch with partner companies in Senegal and abroad.

EXPECTED IMPACTS

• Management of energy consumption (electricity, water and diesel)
• Formalization of human resources, recruitment of qualified personnel
• 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

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

Farifima Cosmétique is a young senegalese company created in 2018. It specialises in the production and development of cosmetic products for men, women and children from natural materials based on local African resources.

THE ENTREPRENEUR

Dr. Mariane PETERS holds a Ph.D. in Chemistry from the University of LAVAL in Canada (Quebec) with 10 years of experience in applied research in chemistry and is the author of several scientific publications. Before to establish Farifima's activity, Dr Mariane PETERS held project management positions in various scientific and industrial activities in Canada and France.

PARTNERSHIP WITH USAID  

Teranga Capital's investment by USAID in Farifima Cosmetics aims at :

• Support in the implementation of tools for the management of operational and financial data 
• Support in marketing and communication

EXPECTED IMPACT

• Promotion of local raw materials
• Supply chain structuring
• Formalization of jobs

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

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

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