Introducing Fako Capital, the first impact fund dedicated to SMEs in Central Africa

I&P is proud to support the launch of Fako Capital, the first impact investment fund based in Cameroon, and the 8th fund sponsored by I&P Développement.

In this short video, discover the ambitions of Fako Capital through the testimonies of Vivian Tchatchueng, Managing Director, Vivianne Sagpin from the Cameroonian company Lakelle, David Munnich, Director of I&P Développement, and Prévost Kla, Investment Director at I&P.

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About Fako Capital

Managed by Vivian Tchatchueng, formerly Investment Director at I&P, Fako Capital aims to meet the two major challenges facing SMEs operating in Cameroon and Central Africa : access to financing adapted to their growth, and the support they need to structure their business.

Fako Capital targets small and medium-sized enterprises (SMEs) operating in all high-impact business sectors, with strong growth potential and financial profitability, which contribute to the financial and social inclusion of women, help create formal jobs for young people, and contribute to the economic and social development of the countries and economies of the sub-region.

"Over the mid-term, we plan to finance around 50 SME businesses, 80% of which will meet the criteria for financial and social inclusion of women, will be able to create around 1,000 formal jobs for young people, and will offer our investors a double financial and social return." - Vivian Tchatchueng, Managing Director of Fako Capital

"The team led by Vivian has demonstrated its commitment. It is with great confidence that we accompany them and we hope to be able to create this dynamic around our investment, and thus interest local investors who can strengthen this project and make it a leader in the financial ecosystem in Cameroon". - Prévost Kla, Investment Director, I&P

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About I&P Development

Through its I&P Development program, Investisseurs & partenaires supports, finances and accompanies start-up investment funds in Africa dedicated to the youngest SMEs. I&P has already supported 7 investment teams in West Africa, East Africa and the Indian Ocean.

I&P will also support and finance the start-up of Fako Capital. The latter has already benefited from financing from the I&P Accélération program in the Sahel, as demonstrated by the textile company Lakelle:

"Thanks to the contribution of I&P Accélération au Sahel through Fako Capital, we were able to benefit from support on several levels. Financially, we benefited from a two-year loan which enabled us to buy equipment (sewing machines and supplies in particular). On a technical level, we benefited from the support of two production experts, and also had the help of an expert who helped us work on our brand image” - Vivianne Sagpin, Operations Manager, Lakelle