Teranga Capital

KANEL Pâtisserie is a Senegalese company specializing in the bakery and pastry sector, particularly in the production and sale of sweet and savory treats inspired by both local culinary traditions and Western classics. Founded in 2019, the company offers a wide range of products, including fine pastries, Viennese pastries, personalized cakes, desserts, as well as breads and savory snacks. It stands out for its use of local fruits and ingredients such as bouye, ditakh, bissap, and madd, to revisit recipes with an authentic Senegalese touch.

KANEL focuses on high-quality artisanal production, meticulous product design, and a refined customer experience, whether in-store or via online ordering.

Entrepreneurs

Founded in 2019 by Marguerite DIOH, Daniel SARR, and Rouguiatou DIAW, KANEL is a Senegalese company that promotes local expertise through a range of artisanal sweet and savory pastries featuring local flavors. Coming from the public sector, Marguerite passionately retrained as a pastry chef, building up a small business with 20 employees. Rouguiatou brings her expertise in marketing and business development, while Daniel supports strategy and governance. Together, they are positioning KANEL as an innovative player in Senegal's agri-food sector.

Partnership with I&P and Teranga Gestion

KANEL benefits from the support of the I&P Acceleration FARM program, a €4 million initiative designed to finance and support 28 African companies operating in the agricultural sector. This program is supported by the French Development Agency (AFD) through its subsidiary dedicated to the private sector, Proparco.

This strategic partnership will enable KANEL to:

• Finance its working capital requirements in order to support the increase in its production capacity;
• Strengthen its production equipment, increase its storage capacity for seasonal raw materials, and expand its product range;
• Deploy a structured marketing and sales strategy to better address its target markets and support its growth.

Sammanté is a Senegalese company that offers its customers digital health coupons. A sammanté health coupon is a digital coupon that allows each beneficiary to pay for their medical expenses in public hospitals and pharmacies. The health coupons are available at a fixed monthly rate and provide financial cover for a range of health services, including consultations, medical check-ups, medicines and surgery. 

The entrepreneur

Sammanté was founded in 2023 by Haskè Ventures and Pauline Barra. Haskè Ventures is a venture studio that supports start-ups with seed capital, strategy development, talent sourcing and operational support. Pauline Barra is a young Senegalese woman with experience in auditing and finance, and in entrepreneurship.

Partnership with I&P and Teranga Capital

Sammanté is supported by I&P Accélération Technologies, a €2.5 million programme to finance and support around 15 start-ups in sub-Saharan Africa, backed by AFD through  Digital Africa. In Senegal, this programme is implemented by Teranga Capital.

This partnership will enable the start-up to

• Improve its product by enhancing existing functionalities
• Strengthen the technological dimension
• Refine its positioning and develop a brand image
• Strengthen its sales and technical teams
• Expand to other countries in the sub-region

Based in Senegal, Fruitales is an SME specialized in the transformation and commercialization of fruit and vegetables, mainly fresh chillies.

The entrepreneur

Fruitales was founded by Ms. TALL, a Senegalese entrepreneur. She holds an MBA and has 21 years' experience in entrepreneurship, following a 14-year career in teaching Philosophy and Modern Literature. She is also deeply involved in the agri-processing industry ecosystem, where she is or has been a member of several organizations such as AAFEX, FARM, AWEP and the Enablis network.

Partnership with I&P

Fruitales is supported by Teranga Capital through a capital investment. This financing will enable the company to increase its production capacity. Fruitales will also benefit from technical support ranging from strategic thinking to improving organizational efficiency.