Country: Burkina Faso
Sector of activity: Logistics
Status: Investment phase
Associed fund: IPAE 1
Entrepreneur: Mamadou Traoré
Employees: 65
In portfolio since: 2013

Bakou Logistics is a freight-by-lorry company settled in Burkina-Faso. Several dozens of trucks freighted by Bakou convey cotton, oil and gas between Burkina-Faso and the Guinea Gulf. The company beats a fierce local competition thanks to its high security and probity standards lately rewarded by the Best Transporter Award from Total Burkina.

 

THE ENTREPRENEUR

Mamadou Traoré’s father also worked in the cargo industry. After he graduated in Finance from HEC Belgium, Mamadou worked for Alstom from 2001 to 2006 as a Commercial Manager in Liège. He then decided to head back to his native country and to start his own business inspired by his family inheritance. Bakou Logistics’ success owns a lot to his father’s experience but Mamadou Traoré quickly took the lead and bred a brand new spirit within the profession

 

PARTNERSHIP WITH I&P

I&P committed alongside with Bakou Logistics

• To undertake technical missions in order to improve the GIS

• To bring the capital needed in the fleet expansion

• To enhance financial and auditing offices in the company

 

KEY IMPACTS

• 35 jobs created including 30 truck drivers with increased social conditions

• Incentives leading to the drivers empowerment through the purchase of their own trucks

• Emergence of a freight local leader, independent from international firms

• Improvement of local standards in terms of environment, social and governance themes

 

En savoir plus

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