Matisse

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Delphine Faye
Country: Senegal
A propos:

Matisse is a restaurant complex located in an area of high economic activity in Dakar. It is composed of a bakery, a fast-food restaurant and an ice-cream parlour. These last two activities have been integrated as a franchise. The company was created in 2017 and started its activity in December of the same year.  

THE ENTREPRENEUR

Delphine Faye holds a Master's degree in Economics and Management from the Cheikh Anta Diop University in Dakar. At the end of her studies, she joined World Vision, an international NGO, in 2011 as an accounting manager. In 2017, she decides to launch the Matisse complex.

PARTNERSHIP WITH USAID  

Teranga Capital's USAID investment in Matisse aims to :

  • Support in the strategic development of the activities.

EXPECTED IMPACTS

  • Support women's entrepreneurship
  • Support local production
  • Formalization of employees and job creation

 

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

In portfolio since: 2019

Teranga Automobiles

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Papa Sada SALL et Pape Mayacine DIOP
Country: Senegal
A propos:

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

 

In portfolio since: 2020

SetTIC

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Boussoura TALLA GUEYE et Julie REPETTI
Country: Senegal
A propos:

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

In portfolio since: 2020

Le Lionceau

Sector of activity: Agro-food
Status: Financement d'amorçage
Entrepreneur: Siny SAMBA et Rémi FILASTO
Country: Senegal
A propos:

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

In portfolio since: 2020

Golden Nuts and Grain (GNG)

Sector of activity: Agro-Industry
Status: Investissement en capital
Associed fund: Teranga Capital
Entrepreneur: Oumar REMY
Employees: 13
Country: Senegal
A propos:

Golden Nuts and Grain is a Senegalese company specialising in the production of natural juices made from local products such as bouye, bissap and ginger.

Marketed under the GOUT D'OR brand, the products combine the know-how inherited from Senegalese traditions with international standards. In this way, they contribute to the improvement of the food quality for Senegalese people while enhancing the value of local products.

GOUT D'OR juices are already sold in three hundred local sales outlets in Dakar.

 

The Entrepreneur

The company was founded in 2016 by Oumar REMY, a unique promoter. He holds a degree in international trade. He then went on to earn a bachelor's degree and then a master's degree in commerce & international affairs in France.

Back in Senegal, the current manager of Gout d'Or started his entrepreneurial career in November 2007, first with the establishment of A2Z COMMUNICATION SARL, a company specialized in the distribution of communication media and advertising objects. Then, he joined the groundnut sector as an intermediary on behalf of major industrialists.

Finally, in September 2016, he created Golden Nuts and Grain.

 

Partnership with Teranga Capital

Teranga Capital's investment in Golden Nuts and Grain aims to:

• Accelerate the company's growth trajectory by providing it with financial, technical and human resources to strengthen its base and seize market opportunities.

• Support the company in its strategy and in improving the efficiency of its organization.

• Structure and support the development of management methods and tools, support the setting up of a new production unit and its implementation.

• Connect with partner companies in Senegal and abroad

 

Expected Impacts

• Creation of new jobs

• Implementation of health coverage

• Tax formalization and payment of VAT and other applicable taxes and duties.

• Support in the implementation of effective governance and commercial, financial and administrative management tools.

 

 

 

In portfolio since: 2018
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Clinique dentaire le Cap Vert

Sector of activity: Health
Status: Investissement en capital
Associed fund: Teranga Capital
Entrepreneur: Dr Issakha MBAYE
Employees: 4
Country: Senegal
A propos:

The Dental Clinic Le Cap Vert is a Senegalese health structure created in 2006 and specialized in oral care.

With proven expertise, the clinic offers its patients high quality oral care services, performed using processes and equipment that meet the highest standards in the dental field. It includes several specialty areas: basic dental care, orthodontics, prostheses and dental imaging.

After twelve years of activity, the Dental Clinic Le Cap Vert has several thousand patients treated, enjoys a very good reputation for the quality of its services, and has made significant progress in its operational and financial performance.

 

The Entrepreneur

Dr Issakha Mbaye is a dentist. He graduated in 2003 in dentistry from Cheikh Anta Diop University in Dakar, and also holds a diploma in public health.

 

Partnership with Teranga Capital

Teranga committed alongside with the company to:

• Support the company in its growth phase by providing it with financial, technical and human resources to strengthen its base, expand its offers and seize development opportunities.

• Provide local support ranging from strategy to improving the effectiveness of the management of the organization.

 

Expected Impacts

• Provide quality care to a greater number of patients.

 

 

 

In portfolio since: 2018
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Centre d’Appui à l’Initiative Féminine (CAIF)

Sector of activity: Education & Training
Status: Investissement en capital
Entrepreneur: Arame Dramé, Insa Seydou Dramé
Employees: 5
Country: Senegal
A propos:

 

The Centre d'Appui à l'Initiative Féminine (CAIF) is a vocational training centre specialising in catering, hotel trade, sewing, styling, and hairstyling.

Created in 2003, CAIF has since developed a strong expertise to offer its trainees, mainly young Senegalese women, good quality training adapted to the job market.

 

THE ENTREPRENEURS

Mrs Arame Dramé is the founder of CAIF, which she directed from its creation until 2016. Today she remains active in the structure and uses her reputation and experience to have training contracts with institutional partners. Ms Dramé is an expert in educational issues and worked from 1989 to 2016 at the Institut National d'Etudes et d'Action pour le Développement de l'Education (INEADE) where she focused on vocational training and the issue of deschooling of young people in Senegal. She holds a DUEL 2 degree in English from UCAD and an Entrepreneurship Training Certificate from SODIDA.

Since 2016, the school is directed by Insa Seydou Dramé, son of the founder and promoter of the project. He decided to join the family business in 2012, where he successively held the positions of Interim Managing Director for 2 years, Director of Continuing Education and External Relations and Director of Operations. He previously worked for Huawei Technologies as a front office engineer. He holds a DEUG in Science and Technology for Engineering from the University of Paris 13, and a Professional Master from the African Institute of Management (IAM) of Dakar in Project Management.

 

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment aims to:

• Support strategic thinking on business expansion,

• Structure and develop management methods and tools,

• Put the company in contact with partner companies in Senegal and abroad

 

EXPECTED IMPACTS

• Social: creation and formalisation of permanent jobs, affordable vocational training leading to a diploma for a young target group excluded from the traditional school system, integration of graduates into the professional world

• Governance: implementation of financial and administrative management tools, formalization of procedures.

 

 

In portfolio since: 2018
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Lysa & Co

Sector of activity: Agro-food
Status: Investissement en capital
Associed fund: Teranga Capital
Entrepreneur: Sylvie Sagbo
Employees: 15
Country: Senegal
A propos:

 

 

Lysa & Co is a Senegalese company specializing in the processing and marketing of agricultural products such as peanuts, cashew and corn.It has long-standing expertise in providing its customers with healthy, natural products of high taste quality, elaborated with local raw materials processed by artisanal processes.

Sold under the name SENAR- Les Delices de Lysa, products are mainly marketed in major retail chains in Senegal (CASINO, AUCHAN, EXCLUSIVE, CITYDIA, etc.), in hotels (eg NOVOTEL), and in direct sales to private individuals in Dakar ( eg Dakar Farmers Market).

 

The Entrepreneur

Sylvie Sagbo Gommard took over the management of the family business in 2015 to ensure its development and sustainability.

In 1982 her mother Mrs. Sagbo was the first to market her peanuts in supermarkets in Dakar. She built her own company and now has more than 10 employees working tirelessly to supply the Senegalese market with the best peanuts and cashews.

 

Partnership with Teranga Capital

Teranga committed alongside with the company to:

• Support the construction of a new factory abiding international standards and leading to increasing production capacity.

• Support the valorization of the SENAR Brand « Les Délices de Lysa » and its business development on new markets and with new products

 

Expected Impacts

• Formalization of the company’s activity

• 10 new formal jobs created

• Promotion of artisanal and local processes and structuration of the value chain

 

 

In portfolio since: 2017
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COGELEC

Sector of activity: Energy
Status: Investissement en capital
Associed fund: Teranga Capital
Entrepreneur: Abdou Wahab Kane
Employees: 5
Country: Senegal
A propos:

 

COGELEC ENERGY is an engineering company based in Dakar, Senegal. The company is present in electrical engineering and line construction works, rural electrification and distribution of electromechanical equipment.

COGELEC ENERGY is focused on bringing energy for productive uses to rural areas in Senegal for the greater benefit of the Senegalese population. Within rural electrification, COGELEC ENERGY focuses on providing the most economical energy possible for productive use in rural communities, with a particular focus on bore wells in remote locations.

COGELEC ENERGY’s clients include governments with whom they partner long term to provide electricity access and services for rural areas, as well as industrial companies looking for the most economical solutions to build conventional grid connections or using renewable energy.

 

The Entrepreneur

Cogelec Energy is managed by Abdou Wahab Kane.

 

Partnership with Teranga Capital

Teranga committed alongside with Cogelec Energy to:

• Support the expansion of the logistical equipment and the investments in human resources to strengthen its capacity to execute increasingly complex projects

• Support Cogelec Energy in elaborating and executing its strategy with a view to improving its organizational efficiency and promoting growth

 

Expected Impacts

• Extend electricity access and services to rural areas

• Increase the competitiveness and energy efficiency of Senegalese economic players and give them access to sustainable energy solutions

In portfolio since: 2017
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OuiCarry

Sector of activity: Service
Status: Investissement en capital
Associed fund: Teranga Capital
Entrepreneur: Olabissi Adjovi, Youssou Ndiaye et Pape Oumar Yam
Employees: 12
Country: Senegal
A propos:

 

OuiCarry provides delivery services and allows its customers (individuals and businesses) based in Senegal to buy products from international commercial websites.

The clients can choose from any commercial website, which gives them access to very wide range of products. For those without credit card, OuiCarry can buy the product online on behalf on the client. OuiCarry currently counts several thousand customers and has made good progress over the last few years.  

Compared to other alternatives, OuiCarry brings high-quality services at moderate cost and within a relatively short period of time (less than 10 days for an expedition coming from Europe for example)

The company was rewarded in 2016 by the Orange FAB prize and has also been the finalist of the “Great Entrepreneur Competition” held by the British Council.

 

ENTREPRENEURS

OuiCarry was co-founded by three entrepreneurs: Olabissi Adjovi, Youssou Ndiaye and Pape Oumar Yam.

Olabissi Adjovi grew up in Benin and moved to France to study at the National Institute of Applied Sciences in Lyon. He holds a Master on entrepreneurship from ESCP Europe.

Youssou Ndiaye graduated from Lyon’s Ecole Polytechnique. Before working for OuiCarry, he co-founded and managed Speed Mail Service, a mailing company dedicated to Senegalese businesses.

Pape Oumar Yam graduated in economics and transport management from the University Of Economic Science Of Montpellier. He came back to Senegal in 2009 and became soon associated on Speed Mail Service and OuiCarry projects.

 

 

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital investment in OuiCarry aims to:

Accelerate the growth of the company, providing the financial, human and technical means to strengthen its bases and seize market opportunities

Support the team on the company’s strategic thinking and the effectiveness of their organization

 

EXPECTED IMPACTS

• Structure the e-commerce sector in Senegal l

• Encourage African entrepreneurs with an example of entrepreneurial success

 

In portfolio since: 2017
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