I&P Développement

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