Rama Cereal

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: Comoé Capital
Entrepreneur: Aramatou COULIBALY
Employees: 25
Country: Ivory Coast
A propos:

RAMA CEREAL is an agro-industrial company created in 2005. Its main activity is the processing of cereals such as millet, maize and rice. It is present on the local (Prosuma, Carrefour, Citydia, etc.) and international markets through various products and spices: millet granules, corn, rice, pre-cooked millet, attiéké (manioc semolina), ginger, gnangan, soumara, baobab. The company started its activities in the informal sector before becoming a sole proprietorship in 2005 and then a limited liability company in 2016.

 

THE ENTREPRENEUR

Aramatou Coulibaly holds a BTS in International Trade and a Bachelor's degree in English. She has worked as a consultant and sales assistant in companies such as Mobil Oil and Kompass-ci, and then as an interim employee at Orange. Noting the need for millet products, she decided to set up her own agro-industrial company in 2005. In 2012, she obtained support within the framework of the Trade and Regional Integration Support Programme (PACIR) financed by the European Union.

 

PARTNERSHIP WITH COMOE CAPITAL

• Strengthening governance and setting up a strategic committee

• Support for commercial development and the launch of infant flour

• Development of the new site, which must comply with all relevant health standards

• Acquisition of equipment to increase to 2 tons/day (vs. 400 kg today)

• Financing the purchase of raw materials to cover needs over 3 months

• Acquisition of rolling stock for distribution

 

MAIN IMPACTS

• Impact on small producers through supervision and an increase in their productivity, and therefore their income

• Impact on nutrition with the launch of infant flour

In portfolio since: 2018

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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Chicky

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: Miarakap
Entrepreneur: Yohann CATTIAU
Employees: 36
Country: Madagascar
A propos:

Chicky is a fast food company specializing in chicken. It aims to become a major player in the sector in Madagascar. Chicky was launched in 2017 by Yohann Cattiau, a French entrepreneur based in Madagascar, who is now in charge of its management. The company now has 3 restaurants: the first restaurant opened in June 2017 in the busy Behoririka district, the second in January 2018 in the heart of the city in Analakely, and the third in October 2018 in the Urbania Gallery in Analakely.

With Miarakap's financing and support, Chicky aims to become a reference in the field of fast food, meeting international quality standards, while remaining accessible to the greatest number of people.

 

THE ENTREPRENEUR

Chicky is led by Yohann Cattiau, who graduated in 2004 from Kedge Business School. He moves to Madagascar in 2016. Yohann worked for 10 years in investment fund management companies in Luxembourg and then held a position as a financial analyst in the Finance Department of the Axian Group in Madagascar from July 2017 to June 2018, in parallel with Chicky's management.

 

PARTNERSHIP WITH MIARAKAP

Miarakap's support for Chicky is materialized by:

• The financing of technical assistance missions allowing the skills development of the operational teams

• The structuring and formalization of the company: declared employees and company subject to VAT

• Assistance in setting up accounting and control procedures

 

MAIN IMPACTS

• Complete formalization of the company and all jobs

• Support for the formalization of small chicken suppliers

 

In portfolio since: 2018

Afribon

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: IPAE 2
Entrepreneur: Julien GIUGE et Anne MERIENNE
Employees: 35
Country: Pan-African
A propos:

 

AFRIBON, launched in 2012, is specialized in the creation and marketing of food flavours. The group has five production sites in total: four in East Africa (Kenya, Uganda, Rwanda, Tanzania) and one in Cameroon.

AFRIBON is currently the only company to produce locally and offer a tailor-made service to its customers, including notably manufacturers of beverages, biscuits and dairy products.

 

ENTREPRENEURS

AFRIBON was created and is managed by two entrepreneurs :

Julien GIUGE  is the co-founder and Managing Director of AFRIBON. He graduated from ESSEC and worked for nine years in China, where he was for three years the manager of the Chinese subsidiary of the AROMATECH Group, a French group specialising in the production of flavours and fragrances. 

Anne MERIENNE is the co-founder and Director of the Kenyan sector. A graduate of ESCP, she has worked in China and the United Arab Emirates for the Beaumanoir group and the Accor group on management control and business development positions.

Based in Kenya, Anne and Julien have lived in several African countries over the past five years (Kenya, Uganda, Rwanda).

 

PARTNERSHIP WITH I&P

I&P is committed alongside Afribon to :

•Ÿ Develop the activities of the group in the current countries of operation

Ÿ•Ÿ Finance a new production line  

Ÿ •Ÿ Strengthen the group's structure on cross-cutting activities

Ÿ •Ÿ Support the group's development in new countries

 

EXPECTED IMPACTS

Ÿ•Ÿ Creation of many skilled jobs

Ÿ•Ÿ Creating opportunities for young teams composed mainly of women

Ÿ•Ÿ A service that reduces a major bottleneck in the food industry

•Ÿ Develop the skills of local teams

Ÿ•Ÿ Substitution to imports

 

 

In portfolio since: 2018
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Pêcheries du Sud

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Olivier Méraud, Benoît Lenoir, Jaco Chan Kit Waye
Employees: 960
Country: Madagascar
A propos:

 

The group Pêcheries du Sud gathers key actors of the seafood sector in Madagascar. Its activities are mainly based in Madagascar, but the Group is also a partner and reference shareholder of Groupe Réunimer, based in La Réunion.

Pêcheries du Sud is present in the main links of the seafood value chain through its various subsidiaries, from production (fishing, aquaculture) to processing and packaging in factories and marketing on local and international markets.

The group notably includes:

Indian Ocean Trepang (IOT), a company specialized in the breeding and export of sea cucumbers that I&P has been supporting since 2012. IOT associates isolated fishing villages with its activity, generating additional income and thus fighting against overfishing and the extinction of marine fauna.

COPEFRITO: Established in Tuléar since 1995, the COmpagnie de PEche FRIgorifique de TUléar, or COPEFRITO, is a Malagasy limited company specialising in the collection and processing of cephalopods (octopus, squid) and other products such as lobster, crabs and certain fish.

SPSM: The Société de Pêche de Sainte-Marie (SPSM) was created in 1999 around a triple activity: fishing, collection and processing

Madagascar Alive Seafood (MAS) was formally created in October 2015 and specializes in mangrove crab aquaculture

 

 

Entrepreneurs

 

Olivier Méraud has worked with Copefrito since 2004, where he has held several operational positions. He is a Merchant Navy Captain by training and has worked in the fishing and seafood trade for 12 years. In parallel to his duties at Copefrito, he co-founded Madagascar Seafood (MSF) in 2005 and is now one of its main shareholders and Chairman.

Jaco Chan Kit Waye is the current Managing Director of IOT, and and experienced entrepreneur. After having created and directed Copefrito, he founded in 2008 the company Madagascar Holothurie, now IOT, in association with a local partner and a team of university researchers. His environmental and social commitment led him to work as early as 2003 for the first natural resource management site with a fishing community and several NGOs to develop a protected marine area while improving the living conditions of fishermen. In 2006, Jaco was named "Malagasy SME Manager of the Year" (prize awarded by the BNI Madagascar of the Crédit Agricole group).

 

 

Partnership with I&P

I&P is committed alongside Pêcheries du Sud to:

• Support the launch of a new seafood processing plant in Diego

• Expand the group's activities in other regions of Madagascar, particularly in the north of the island

• Supporting the group at managerial and financial levels

 

Impacts

• The group strongly contributes to the development of the seafood sector in Madagascar

• Implementation of a rational management of marine resources

• Involvement in several rural development projects in Madagascar, in partnership with NGOs directly linked to the group's aquaculture activities.

• Implementation of a CSR policy at group level

 

 

In portfolio since: 2016
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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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AgroServ Industrie

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: Sinergi Burkina
Entrepreneur: Siaka SANON
Employees: 57
Country: Burkina Faso
A propos:

 

AGROSERV INDUSTRIE is an industrial unit processing maize into gritz and flour. Based in the industrial zone of Kossodo (Ouagadougou), the unit is equipped with two automatic production lines with a production capacity of 50 tons per day each.

The expertise developed by the promoter since the creation of the company in2013 has allowed to him to conquer a significant portion of the national market.

In order to optimize the supply chain, AGROSERV INDUSTRIE decided to organize and support a network of small producers.

 

THE ENTREPRENEUR

M. SANON Siaka holds a degree in IT Management. After graduating, he integrated the family business called EKSF (Establishment SANON Karidia et Fils), specialized in the collect and marking of cereals on local and international markets. He managed the company for ten years before starting his own business. This first experience with EKSF enabled him to get a full understanding of the maize supply chain.

 

 

PARTNERSHIP WITH SINERGI BURKINA

AgroServ Industrie is the second investment of Sinergi Burkina, an impact fund sponsored by I&P and dedicated to small companies in Burkina Faso. The objectives of the partnership notably include:

• Support to improve governance

• Support the company in getting HACCP certification

• Launch of new products including enriched flour and cornmeal for households

• Improvement of the working conditions of the workers

 

EXPECTED IMPACTS 

• Structuring a network of small maize producers

• Import substitution and sale of essential goods at affordable price

• Wages well above the legal minimum in Burkina Faso

 

In portfolio since: 2017

Barajii

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Durabilis
Employees: 283
Country: Pan-African
A propos:

Barajii produces and commercializes water and locally produced fruit juices (Bissap, mango, ginger, etc.) packed in bio-degradable bags and PET bottles.

Production currently takes place in Burkina Faso, with a main factory based in Ouagadougou and a small production unit in Bobo Dioulasso. Part of the production is exported to Mali. The company has produced more than 130 million liters of beverage in 2015.

 

Barajii aims to develop its production and distribution activities in 8 to 10 countries over the next 5 years. the group has already launched with success a subsidiary in February 2016.

 

THE ENTREPRENEUR

Barajii is part of the group Durabilis. Founded in 2003, Durabilis is an international impact investing company specialized in the agro-industry sector with headquarters in Ghent, Belgium. Through the concept of shared value, Durabilis is committed to providing local and export markets with sustainable quality products, optimizing supply chains and improving the lives of employees. Since its creation, Durabilis has achieved notable successes in the production and export of fair trade products (Fair Fruit in Ethiopia, Guatemala, and Burkina Faso; Stévia One in Peru, Terral’s rice production in Senegal…).

Barajii Group is managed by Peter Willaert. Based in Ethiopia since early 2016 to manage the launch of the subsidiary in the country, he previously successfully managed the Burkinabe organization. Before 2010, he worked for the Dutch NGO SNV in Ouagadougou, where he was responsible for the West African region.

 

The group Barajii currently holds two subsidiaries: one in Burkina Faso (Société Burkinabè des Filières Alimentaires – SBFA) and one in Togo (Société Togolaise des Filières Alimentaires – STFA)

The Burkinabe branch is led by Abasse Kane, a Senegalese businessman with more than 15 years of experience in the agro-industrial sector. The Togolese branch is headed by Charles Netchenawoe, a Togolese citizen graduated from Ecole des Mines of Nancy.

 

 

PARTNERSHIP WITH I&P

I&P committed alongside with Barajii to:

• Finance the launch and development of the group in 8 to 10 African countries

• Support the group in its geographical expansion

• Reinforce and expand Barajii’s environmental and social strategy

 

IMPACTS 

The company has adopted a strong social and environmental policy, which is developed on several areas: support to local producers, job creation, environmental responsibility… As a result:

  • More than 600 jobs have been created, including about 300 full-time jobs. The minimum wage is 67% superior to the legal minimum wage in Burkina Faso, and all the employees benefit from an inexpensive health insurance
  • Barajii buys the fruits to local producers, providing them with additional income and opportunities. The group also provides them with training and agricultural inputs.
  • Good quality and accessible products, including for people at the bottom of the pyramid
  • Use of biodegradable packaging which disintegrated in 6 months on contact with air and sun. The company has contributed to the new Burkinabe law forbidding the use of non-degradable bags and packaging in Burkina Faso
  • The factories use solar panels and require little energy

 

In portfolio since: 2016
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La Sahélienne des Semences

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: Sinergi Niger
Entrepreneur: Abdou MAGAGI
Employees: 202
Country: Niger
A propos:

La Sahélienne des Semences is a company dedicated to the production, packaging and marketing of improved seeds of rainfed and market gardening species. To date, it produces improved seeds of millet, sorghum, cowpea, groundnuts and maize.

Its objectives are to increase its production capacity in quality seeds and to improve the accessibility of seeds to small producers in the Maradi region.

 

THE ENTREPRENEUR

Mr Abdou MAGAGAGI holds a Master's degree in plant breeding from Ghana, and has attended several national and international training courses and seminars in the field. He has more than 34 years of experience in hybrid seed research and plant breeding as an agent of INRAN. He has a perfect knowledge of local varieties and improved seeds developed by INRAN for Producers. He trained them in production techniques with improved seeds and accompanied them throughout his career. He has succeeded in building strong commercial and technical relationships with producers in the region and with project and NGO clients.

 

PARTNERSHIP WITH SINERGI NIGER

• Implementation of management tools (budget monitoring, cash flow plan, journals, inventory management)

• Operational follow-up at the technical, organisational, commercial and financial levels

• Competitive intelligence (search for customers and technical partners)

• Identification and support for the development of tendering contracts.

 

MAIN IMPACTS

• Agro-business project contributing to food security, improved nutrition and the promotion of sustainable agriculture

• Implementation of a support program for producers

• Recovery and treatment of residues

• 134 tonnes of improved seeds distributed in 2018

• Structuring a network of 191 small agricultural producers

In portfolio since: 2015

Tincy Boulangerie

Sector of activity: Agro-Industry
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Gatien Adjagboni
Employees: 96
Country: Benin
A propos:

Tincy is an industrial bakery created in 2009 in Cotonou. Tincy produces and distributes bread to consumers through a shop, a network of 24 kiosks, more than 50 shopkeepers and professionals from hostelry and restauration sectors.

The bakery is launched in 2009. Initially conceived as a simple marketing exercise, the project proved to be a real success. In 2010, the turnover of the bakery exceeded the one of the consulting firm. Gatien Adjaboni is deeply involved in this new activity and has notably launched the National Association of Bakers of Benin, which gathers a dozen of professionals and represents to this day the only union in the sector.

 

The Entrepreneur

The company was founded by Gatien Adjagboni, a young Beninese entrepreneur who graduated from a French business school. He started his career at the Brtitish America. In 2006, he launched a consulting firm, named Tincy. The firm is still operational and employs about 10 people.

 

Partnership with I&P

I&P committed alongside Tincy to:

• Double the production capacity of the company

• Improve the quality and the management of the production and the distribution

• Diversify the products by starting making pastries

 

Impacts

• Increased availability of bread thanks to a dense network of distribution

• Structuring of the sector

 

In portfolio since: 2015
en-savoir-plus

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