Golden Nuts and Grain (GNG)

Sector of activity: Agro-Industry
Status: En cours d'investissement
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: En cours d'investissement
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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Chargé(e) d’investissement

Investisseurs & Partenaires (I&P) est un groupe d’impact investment s’adressant exclusivement aux PME africaines. Depuis 2002, I&P a financé et accompagné plus de 90 entrepreneurs dans 16 pays d’Afrique subsaharienne : Sénégal, Mauritanie, Mali, Bénin, Niger, Burkina Faso, Côte d’Ivoire, Cameroun, Madagascar, etc. (voir notre site : www.ietp.com).

 

Undefined

Centre d’Appui à l’Initiative Féminine (CAIF)

Sector of activity: Education & Training
Status: En cours d'investissement
Associed fund: Teranga 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 14 years ago, CAIF has 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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SENAR Les Délices de Lysa

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: Teranga Capital
Entrepreneur: Sylvie Sagbo
Employees: 15
Country: Senegal
A propos:

 

 

SENAR Les Délices de Lysa 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.

SENAR 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

 

Impacts Attendus

• Formalisation complète de l’activité

• Création de 10 nouveaux emplois formels permanents

• Promotion des processus artisanaux et locaux et structuration de la chaîne de valeur

 

 

In portfolio since: 2017
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COGELEC

Sector of activity: Energy
Status: En cours d'investissement
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: En cours d'investissement
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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Neurotech

Sector of activity: Service
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Abdoulaye Mbaye
Employees: 53
Country: Senegal
A propos:

 

Neurotech is an information and technology provider delivering solutions for Senegalese enterprises. Created in 2003, the company has become one of the major IT integrators in Senegal.

The company has progressively extended its activities to include datacenters management, communications platform, management solutions, business intelligence and high-ended services.

 

THE ENTREPRENEUR

Neurotech was created in 2003 by Adboulaye Mbaye, a computer engineer graduated from Tunisia. He has worked more than ten years for major telecommunication and technology companies, such as Orange branch in Senegal, TIGO, CBAO, or Gambia Telecom.

Abdoulaye actively contributed to the launch of the CTIC, the first ICT incubator in francophone Africa. He is deeply involved in the support and mentoring of young people proposing new projects in the ICT sector.

 

PARTNERSHIP WITH I&P 

I&P committed alongside with Neurotech to:

• Develop the activities of the company in the sub-region

• Develop the range of services offered by the company, to include Cloud-based solutions

 

IMPACTS 

Neurotech is involved in the network ‘’CSR Senegal” (RSE Sénégal) and is active on various social issues including education, environment, and the promotion of human capital.

Thanks to this partnership, Neurotech set up a thorough CSR policy to support sustainable projects while keeping the focus on education issues and the promotion of new talents.

 

In portfolio since: 2016
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NEST

Sector of activity: Health
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Khadidiatou Nakoulima
Employees: 32
Country: Senegal
A propos:

Nest is a medical network settled in Senegal, offering a complete monitoring of woman and young child.

Founded in 2012, NEST provides a complete monitoring of woman and children thanks to a pediatric and maternity hospital. NEST offers high-quality health services at reasonable price, primarily aimed at middle classes. Accessible 24/24 and 7/7, NEST puts a particular emphasis seeing and listening to patients, and allows young women of child-breeding age to be followed until the birth, and a follow-up of their children until they are 15 years old.

This model, inspired from the Indian private chain of maternity hospitals Lifespring Hospital, is particularly relevant in Senegal, where local medical offer is shared between expensive private clinics and public infrastructures suffering from a lack of technical means and standards. NEST embodies a gap-filling role within this market.

 

NEST is one of the companies featured by the project Small is Powerful

 

The Entrepreneur

Khadidiatou Nakoulima grew up in Senegal and graduated from Mines de Paris in 2009. Several members of her family working in the medical field, Khady is deeply aware of the health issues in Senegal. She founded NEST in 2012 with the help of her father, Alassane, her brother Ousseynou and Dr. Adboulaye DIOP, gynaecologist. Khadidiatou currently manages the company. She aims at establishing a health network dedicated to woman and children in West Africa for low and middle-income populations.

 

Partnership with I&P

I&P is committed alongside Nest for All to:

• Provide a preliminary expertise regarding maternity and its equipment

• Finance the equipment and complete the maternity construction site

• Bring a support to the administrative and financial management teams (Management and information system, contracts with doctors…)
 

Key Impacts

• Improvement of children and pregnant women medical follow-up

• Larger health services access to the greater

• Medical waste management

 

In portfolio since: 2012
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Sofamac

Sector of activity: Construction
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Moussa Dia, Waddah Saab, Julio et Jose-Luis Aguilar
Employees: 4
Country: Senegal
A propos:

Sofamac is engaged in the production of clay construction, such as tiles and clay bricks, intended for local use.

Clay production, which was quite common until the end of the 1970s, now offers a real market opportunity. The products show great thermic and time resistance and match an unsatisfied local demand for construction and equipment.

 

THE ENTREPRENEUR

Moussa Dia is a civil engineer entrepreneur who ran for more than twenty years an engineering and metallic construction business (sheds, water towers…) in Saint-Louis, Northern Senegal. His passion for terracotta and the opportunity of the market led him to found SOFAMAC a small terracotta handcrafted production unit.

 

PARTNERSHIP WITH I&P

I&P committed alongside with Sofamac

• To undertake a market study for terracotta bricks

• To carry out a feasibility study for the project

 

KEY IMPACTS

• Production of a construction material more adapted to local demand with a better energetic balance and entirely recyclable items

• Enhance local production, in substitution to foreign imports

• Lower consumer prices

 

In portfolio since: 2012

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