I&P publishes Impact and ESG Reports for IPAE 1 and 2 Funds

I&P has just released its latest impact and ESG reports for the I&P Afrique Entrepreneurs (IPAE) 1 and 2 funds, showcasing the significant contributions of these funds to the African private sector.

IPAE are generalist funds that invest in equity and quasi-equity as a minority shareholder in startups and businesses located in Sub-Saharan Africa and the Indian Ocean, with financing needs ranging from €300,000 to €3 million.

Download IPAE 1 ESG & Impact Report

Download IPAE 2 ESG & Impact Report

In 2023, Africa faced substantial macroeconomic challenges, including geopolitical fragmentation, security tensions in the Sahel, high public debt, elevated interest rates, and volatile exchange rates. These factors have strained public development aid and economic stability, particularly impacting SMEs. In this context, the support of the African private sector and its entrepreneurs is more crucial than ever.

IPAE2, which concluded its investment period in 2023, has been pivotal in fostering economic and human prosperity in regions where traditional investors are reluctant to venture. Since its inception in 2017, IPAE2 has invested in 27 companies, two-thirds of which operate in the least developed and most fragile countries. The fund’s impact includes a 46% growth in employment, direct contributions to the Sustainable Development Goals (81% of portfolio companies), and significant gender-related achievements (88% of companies meet at least one criterion of the 2X Challenge).

Find out more about IPAE 1

Find out more about IPAE 2