Karoninka

Sector of activity: Culture
Status: En cours d'investissement
Associed fund: Afrique Créative
Entrepreneur: Angèle Diabang
Country: Senegal
A propos:

Karoninka is a film production and directing company which, during its fourteen years of existence, has established itself with a large number of documentary and fiction films, institutional films, video clips, etc. From Congo, a doctor to save women (first film about Doctor Denis Mukwege, Nobel Peace Prize 2018) to Waliden, child of others, not forgetting Senegalese women and Islam, Karoninka's filmography is very committed. This experience, which extends beyond the borders of Senegal, both in Africa and Europe, has enabled the company to acquire a network allowing it to meet the demands of the profession.

 

THE ENTREPRENEUR

Angèle Diabang trained at the Forum Média Centre in Dakar (2003), at FEMIS in Paris and at the Filmakademie in Germany. In 2005, she directed her first film, Mon beau sourire, which was acclaimed by international critics; followed by four other documentaries, including Congo, un médecin pour sauver les femmes, the first film about Doctor Denis Mukwege, winner of the 2018 Nobel Peace Prize. Angèle then moves on to fiction with her short films Ma coépouse bien-aimée (Clermont-Ferrand 2019 selection, Best Screenplay Award at the Émergence festival in Togo) and Un air de kora (Bronze Foal at FESPACO 2019 and Best Short Film at WADA 2019, Nigeria; Best Short Film in Kigali, Bujumbura, Cotonou, Dakar). She also won the ECOWAS Best Director Award at FESPACO 2019. From 2014 to 2016, Angèle was President of the Board of Directors of SODAV, Senegal's copyright collective management society.

 

PARTNERSHIP WITH AFRIQUE CREATIVE

The support and grant offered under the programme are intended to :

  • Structure the economic model and diversify sources of income
  • Develop and strengthen production potential in order to broaden the scope of the company's activities
  • Stabilise and strengthen the team, which is mainly composed of women.
  • Develop projects for television fiction and documentary series
  • To set up the Mousso Institute to train young girls in Casamance in the film industry.

 

MAIN IMPACTS

  • Film production
  • Training of young people in documentary writing and film production
  • Recruitment and training of women

 

ABOUT AFRIQUE CREATIVE

The Afrique Créative programme is financed by the Agence Française de Développement and implemented by a consortium of which I&P Conseil is a member. The programme aims to promote the structuring of the cultural and creative ecosystem by supporting the development, the reinforcement of skills and the networking of companies in this sector. Afrique Créative is intended for operators who combine creativity and entrepreneurial spirit in order to maximize their potential in terms of job creation and economic growth.

→ Learn more about Afrique Créative

In portfolio since: 2019

Optimiste Produktions

Sector of activity: Culture
Status: En cours d'investissement
Associed fund: Afrique Créative
Entrepreneur: Fatoumata & Safouane Pindra
Country: Senegal
A propos:

For 20 years, Optimiste Produktions has been producing phonographic and audiovisual productions and organising events to promote urban cultures in Senegal, including the international urban music festival YAKAAR (formerly the Hip-Hop Awards) and three editions of the Yakaar Young Talents Rufisque springboard competition. Optimiste initiated the YAKAAR (Hope in Wolof) centre, a creative space with a recording and rehearsal studio, clothing and screen printing workshops, a documentation area and a multipurpose room. These activities are complemented by training to strengthen the capacities of young artists and technicians. Optimiste has contributed to setting up Perceptive, the first performance hall with a capacity of more than 1000 seats in the Rufisque department.

 

THE ENTREPRENEURS

Fatoumata PINDRA (founding member): Holder of a Master 2 in Audit / Management Control, Fatoumata has extensive professional experience in the field of organisation management and partner relations. She has been involved for several years in various development programmes, as well as the production of events and cultural products on the Senegalese scene.

Safouane PINDRA (founding member): A graduate in production management from Inirep (France), he has completed his curriculum with several training courses in the management of shows, artists and venues. With more than 25 years of experience in the musical field, Safouane has managed major events in Senegal and West Africa. He has also been the manager of some twenty African artists and groups.

 

PARTNERSHIP WITH AFRIQUE CREATIVE

The support and grant offered under the programme are intended to :

  • Structure the economic model and diversify sources of income
  • Develop a strategy and communication supports to boost sales
  • Create sustainable jobs and work on team organisation
  • Improve management tools

 

MAIN IMPACTS

  • Organisation of an international urban music festival
  • Organisation of springboard competitions for young talent
  • Production of musical and audiovisual works
  • Training of young Senegalese in music and performing arts professions

 

ABOUT AFRIQUE CREATIVE

The Afrique Créative programme is financed by the Agence Française de Développement and implemented by a consortium of which I&P Conseil is a member. The programme aims to promote the structuring of the cultural and creative ecosystem by supporting the development, the reinforcement of skills and the networking of companies in this sector. Afrique Créative is intended for operators who combine creativity and entrepreneurial spirit in order to maximize their potential in terms of job creation and economic growth.

→ Learn more about Afrique Créative

In portfolio since: 2019

LAfricaMobile

Sector of activity: Digital, Tech
Status: En cours d'investissement
Entrepreneur: Malick DIOUF
Country: Senegal
A propos:

LAfricaMobile is a company specialized in mobile marketing. It allows its customers to carry out large-scale communication in countries such as Senegal, Mali, Guinea, Ivory Coast, Togo, Burkina Faso and Niger in USSD, SMS and Voice (Push, Pull) and Airtime. It is connected to all WAEMU operators and works with large local companies and NGOs.

THE ENTREPRENEUR

Malick Diouf is a telecommunications network engineer with a degree from INSA Toulouse and a Master's degree in information systems from the Grenoble School of Management. In 2009, he joined Highconnexion, a start-up specialized in value-added services where he held several positions. With the technical and financial support of Highconnexion's management team, he decided in 2014 to create LAfricaMobile, an aggregator specializing in large-scale communication for the African diaspora.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in LAfricaMobile aims to :

  • Preparation of the sub-regional deployment and the refinement of the offer
  • Structuration and support for the development of management methods and tools, training;
  • Establishiment of contacts with partner companies in Senegal and in the sub-region.

EXPECTED IMPACTS

  • Energy management above a certain level of activity
  • Support for the implementation of financial and administrative management tools and strategic committees.
  • Free campaigns for NGOs

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: 2019

FireFly Media

Sector of activity: Digital, Tech
Status: En cours d'investissement
Entrepreneur: Mafal LO et Ali ERHOUNI
Country: Senegal
A propos:

FireFly Media is an advertising agency created in 2015, specializing in communication within public transport in Senegal, particularly buses. Exclusive agency of the association of financing of urban transport (AFTU), FireFly Media is the first actor to have massively deployed digital devices in buses in Senegal. It offers its services to communication agencies and non-governmental organizations.

ENTREPRENEURS

Mafal LO and Ali ERHOUNI are marketing professionals at the origin of FireFly Media.

Mafal LO is a computer engineer with more than ten years of professional experience in database management and computer development throughout the world (France, China, USA). Today, he is in charge of digital publishing and business development for FireFly Media.

Ali ERHOUNI is an expert in operational marketing and has about fifteen years of practice in this field. He spent ten years in the L'Oréal group as a packaging specialist. He is currently in charge of the implementation of FireFly Media's marketing strategy.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in FireFly Media aims to :

Connect with partner companies in Senegal and abroad
The outcome of the reflection of the economic model and sub-regional development plan
Structure and support for the development of management methods and tools, training.

EXPECTED IMPACTS

  • Free road safety awareness campaigns
  • Support for the implementation of financial and administrative management tools
     

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: 2019

La Vivrière / SECAC

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Bineta Kone COULIBALY
Country: Senegal
A propos:

LA VIVRIERE is a senegalese SME specializing in the processing and marketing of local cereals created in 1992. With a single raw material at the beginning, millet, the company also processes maize and cowpea and markets pre-cooked fonio. It offers a wide range of traditionally African and typically Senegalese products which are sold under the brand name WIIW, on the local market and exported to the European Union, the United States, Canada and the rest of Africa.

Thanks to the quality of its products, the company has been awarded several times the quality prize by the European Union within the framework of its programs for the promotion of local cereals in Senegal.

In 2019, La Vivrière became the Société d'Exploitation des Céréales Africaines du Sénégal "SECAS" following the entry into its capital of FONSIS and Teranga Capital.

THE ENTREPRENEUR

Bineta Kone COULIBALY is an engineer in statistics and training and has a master's degree in economics and a higher diploma in management from the C.E.S.A.G. She was head of the economic and social statistics office before joining the BHS (Banque de l'Habitat du Sénégal).

She is a founding member of the group of local cereal processors in Senegal (T.C.L), of the national committee of the millet / sorghum initiative, of AAFEX, and of the association for the sustainability of family businesses.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in LA VIVRIERE aims to :

  • Support the reflection on the extension of activities, national development in the first instance and partnership and support for the development of management methods and tools
  • Support for the establishment of effective governance and the creation of a new production unit and its implementation.Structure
  • Connect with potential stakeholders in Senegal and abroad

EXPECTED IMPACTS

  • Promotion of local raw materials
  • Support for the implementation of effective governance and commercial, financial and administrative management tools
  • Declaration and continuation of the formalization of salaried staff and the implementation of health coverage
  • Tax formalization and remittance of VAT and other applicable taxes and dutie

 

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: 2019

XOOM

Sector of activity: Digital, Tech
Status: En cours d'investissement
Entrepreneur: Kalifa FAAL
Country: Senegal
A propos:

Xoom Wireless is a Gambia-based internet service provider, established in 2017. It was granted a full operating licence in 2018 by the Gambian Public Utilities Regulatory Authority. The company intends to offer a wide range of broadband products to Gambian users through "LTE TDD" technology in and around Banjul.

THE ENTREPRENEUR

Kalifa FAAL is a computer science graduate from Florida State University. He has more than 10 years of experience in internet and web technologies. He worked for 8 years in the United States as a sales and marketing manager. He is the founder and CEO of KMF Technology, a computer hardware and tool supply company based in The Gambia.

PARTNERSHIP WITH TERANGA CAPITAL

Teranga Capital's investment in Xoom Wireless aims to :

  • Support the reflection on the first phase of deployment and future extensions of the activity
  • Strengthen managerial, technical and administrative management capacities by supporting the development of management methods and tools.
  • To enable the project to benefit from Teranga Capital's network, to put it in touch with partner companies in Senegal and abroad.

EXPECTED IMPACTS

  • Management of energy consumption (electricity, water and diesel)
  • Formalization of human resources, recruitment of qualified personnel
  • Support for the implementation of financial and administrative management tools

 

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: 2019

KOOD

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Diadji KA et Ngoné THIAW
Country: Senegal
A propos:

KOOD is a young senegalese company specialized in the production and marketing of ice cream and frozen yoghurt in different flavours (vanilla, chocolate, bouye, etc.) under the brand name MILKY in different regions of Senegal. The company was created in 2016 by Mr Diadji Ka and his wife Ngoné THIAW, and started its production in December 2017.

THE ENTREPRENEURS

Diadji KA holds a Bachelor's degree in Information Systems from the Polytechnic University of Pomona in California (CAL POLY Pomona). He worked for 10 years in the United States before deciding to come back to Senegal in 2015 and devote himself to his entrepreneurial projects to create the company KOOD where he holds the position of manager and is in charge of the coordination of activities.

Ngoné THIAW holds a master's degree in finance audit. After several experiences in Senegal in accounting firms, she decided to join her husband in the United States, then returned to Senegal with him. She held the position of production manager during the first months of KOOD's activities and is now in charge of new product development.

PARTNERSHIP WITH TERANGA CAPITAL 

Teranga Capital's investment in KOOD aims to :

  • Support the reflection on business development 
  • Structuring and support for the development of management methods and tools, training, etc.
  • Establishing contact with partner companies in Senegal and abroad

 

KOOD also benefits from financial support and technical assistance within the framework of the I&P Acceleration in the Sahel program, in partnership with the European Union. To cope with the unprecedented situation of covid-19, some fifteen companies benefit from technical and financial support to maintain their activities and overcome the crisis.

 

EXPECTED IMPACT

  • Implementation of an energy and waste management process.
  • Formalization of existing jobs, recruitment of qualified managers and manpower, improvement of working conditions.
  • Support for the implementation of financial and administrative management tools.

 

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: 2019

FariFima Cosmétique

Sector of activity: Cosmétique
Status: En cours d'investissement
Entrepreneur: Mariane O.Peters
Country: Senegal
A propos:

Farifima Cosmétique is a young senegalese company created in 2018. It specialises in the production and development of cosmetic products for men, women and children from natural materials based on local African resources.

THE ENTREPRENEUR

Dr. Mariane PETERS holds a Ph.D. in Chemistry from the University of LAVAL in Canada (Quebec) with 10 years of experience in applied research in chemistry and is the author of several scientific publications. Before to establish Farifima's activity, Dr Mariane PETERS held project management positions in various scientific and industrial activities in Canada and France.

PARTNERSHIP WITH USAID  

Teranga Capital's investment by USAID in Farifima Cosmetics aims at :

  • Support in the implementation of tools for the management of operational and financial data 
  • Support in marketing and communication

EXPECTED IMPACT

  • Promotion of local raw materials
  • Supply chain structuring
  • Formalization of jobs

 


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

Matisse

Sector of activity: Service
Status: En cours d'investissement
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: En cours d'investissement
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

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