ETC

Sector of activity: Agro-Industry
Status: Sortie
Associed fund: Sinergi Niger
Entrepreneur: Liman Aminatou
Employees: 10
Country: Niger
A propos:

ETC is a small cereal processing and marketing company based in Niamey and managed by Mrs Liman Aminatou.

ETC sources raw materials produced by small-scale producers in Niger (millet, sorghum, rice) and markets food products (flour, couscous, dégué, etc.).

SINERGI Niger invested in the company in 2009 and made an exit in 2014.

COMPANY BACKGROUND
In 5 years, the company has doubled its turnover and reached a profitability of 16%. It has created 9 jobs, mainly for women. SINERGI supported the promoter in the financial structuring of its activity and in obtaining new commercial contracts.

The exit was achieved in 2014, with an annual internal rate of return (IRR) of 10% for SINERGI. The promoter wanted SINERGI's support to continue after the exit, proof of the quality of the relationship.

CONTRIBUTIONS OF SINERGI 

  • Construction and equipment of a workshop
  • Formalisation, management support and accounting follow-up
  • Commercial support (support in developing a marketing plan)

IMPACTS OF THE COMPANY

  • Creation of 10 permanent jobs
  • Contractualisation of purchases with a group of farmers
In portfolio since: 2009

Afrik Bovia

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Mauhamed Lamine SY
Country: Burkina Faso
A propos:

Afrik Bovia is a cattle farm created in 2011 by Mauhamed Lamine SY specialized in the production of cow's milk, located in Bobo-Dioulasso, the economic capital of Burkina Faso.

THE ENTREPRENEUR

Holder of a high school diploma from the Islamic University of Medina, he has several experiences in food and dairy production. He worked as a representative in Riyadh of the French company SIBERT PATENT specialized in the production and installation of horticultural greenhouses but also as a fruit and vegetable import manager at SHADEL COMPANY in partnership with Flex Faso. In 2006, he launched into entrepreneurship by creating GULF AFRICAN GROUP, a company specialized in the export of mango and beef. 

 

CONTRIBUTIONS BY SINERGI BURKINA

Afrik Bovia is supported by SINERGI BURKINA as part of the I&P Acceleration program in the Sahel, with funding of 57,000 € (36,575,000 FCFA).

The main objective of this partnership is to :

  • To have adequate material and human resources for the establishment of a production unit of yogurt and pasteurized milk (semi-handcrafted dairy).
  • Set up the yogurt and pasteurized milk production unit to enable the company to enhance its production and create more added value
  • Penetrate and conquer the market for cow's milk dairy products (100%) in the project area and more generally in Burkina Faso
  • Set up an internal accounting system kept by a professional

EXPECTED IMPACTS

  • Formalization of 10 existing jobs and the creation of 9 new formal and decent jobs for women and young people
  • Contribution to the national economy through the payment of taxes to the tax authorities
  • Better structuring and organization of the company
  • Establishment of good governance

 

ABOUT SINERGI BURKINA

Created in 2014, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap).  → To learn more about Sinergi Burkina

 

In portfolio since: 2020

MAMA

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Amamatou MAIGA
Country: Burkina Faso
A propos:

Created in 2003, MAMA is an industrial unit that is involved in the production and marketing of spring water in plastic bags and glass and fruit nectar. Since 2014, the company has set up a fruit nectar production line under the name "MAMAJUS". MAMA has been supported by Sinergi Burkina since 2019 as part of the Partnering to Accelerate Entrepreneurship (PACE) program in partnership with the United States Agency for International Development (USAID).

THE ENTREPRENEUR

MAMA was created by Amamatou MAIGA who naturally became involved in the management of the family business at a young age. She began her apprenticeship as a customer manager alongside her father in the TRANSMIF company, a family business that was involved in inter urban transport.

CONTRIBUTIONS FROM SINERGI BURKINA

The USAID program funds the following activities:

  • Strengthen the commercial action of the company, which will allow it to penetrate the fruit juice market through communication and the acquisition of a delivery vehicle.
  • Rehabilitate the water production line MAMA CUP
  • Strengthen the capacities of the company's accounting department by training agents and setting up management tools.

About Sinergi Burkina

Created in 2016, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap). → Sinergi Burkina website

 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. Click here to learn more

In portfolio since: 2019

Idée Féminine

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Souradja ABDOU ASSOUMA
Country: Niger
A propos:

Idée Féminine is an industrial company specialized in the packaging of raw materials. The company counts today in its customer portfolio almost all the large distribution stores of the capital Niamey.

THE ENTREPRENEUR

The founder, Souradja ABDOU ASSOUMA to enter into entrepreneurship by starting processing and marketing informally. She has been a member of the network of the women's entrepreneurship unit of the Niger Chamber of Commerce and Industry and Handicrafts (CCIAN) since 2014, which has enabled her to follow several training modules.

 


ABOUT

 

SINERGI S.A. is a private investment company created in 2006 and supported by I&P with a group of key individual and institutional shareholders in the Nigerien and international SME support landscape. Headed by Ibrahima Djibo, its objective is to contribute to the economic and social development of Niger through the promotion of entrepreneurship and the development of SMEs. SINERGI S.A. provides the means for entrepreneurs in Niger to achieve their growth projects by providing long-term financing and local support.  → Find out more about Sinergi

 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. → Click here to find out more

In portfolio since: 2018

TECH INNOV

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Abdou Maman KANE
Country: Niger
A propos:

Tech Innov is a nigerien company whose main activity is the promotion and marketing of technological solutions for agriculture and irrigation. Since its creation, it has developed a number of innovative solutions, which are part of the promotion of agricultural development.

THE ENTREPRENEUR

Abdou Maman KANE is the founder and managing director of Tech Innov. A computer scientist by training, he has developed the concept of digital farms and tele-irrigation system tools in order to help the development of the agricultural sector in Niger. As a social entrepreneur, Abdou Maman KANE aims to revolutionize rudimentary agricultural practices in Niger, particularly in the areas of irrigation and watering. His goal is to provide farmers with tools to enable them to end manual watering and especially reduce water waste.

To promote its digital farm concept and its innovations, it has participated in many exhibitions and competitions where it has won prizes (1st prize at the Social Entrepreneur Competition in Africa organized by France Telecom, a medal at the Geneva International Inventions Fair in 2012 etc.).


ABOUT

SINERGI S.A. is a private investment company created in 2006 and supported by I&P with a group of key individual and institutional shareholders in the Nigerien and international SME support landscape. Headed by Ibrahima Djibo, its objective is to contribute to the economic and social development of Niger through the promotion of entrepreneurship and the development of SMEs. SINERGI S.A. provides the means for entrepreneurs in Niger to achieve their growth projects by providing long-term financing and local support.  → Find out more about Sinergi

 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. → Click here to find out more

 

In portfolio since: 2018

Innovatech

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Hassane BISSALA YAHAYA
Country: Niger
A propos:

Created in 2013, Innovatech is a company dedicated to researching technological innovation, production processes and the adoption of new technologies in agriculture.

THE ENTREPRENEUR

Prior to entering the entrepreneurial world, Mr. YAHAYA has mainly dedicated his career to research and dissemination of agricultural technology, with more than 32 years of professional career in sub-regional agricultural research organizations. From 1986 to 1991, he was in charge of experiments at the INRAN station in Lossa (Tillabéry), at the Phytopathology Laboratory, at the Laboratory of Phytopathology, and at the Laboratory of Greenhouse and Field Research on millet, peanut and sorghum diseases. Mr. YAHAYA also held the position of Head of Greenhouses, Seed Laboratory and Phylogenetic Bank Management at the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) from 1991 to 2017.


ABOUT

SINERGI S.A. is a private investment company created in 2006 and supported by I&P with a group of key individual and institutional shareholders in the Nigerien and international SME support landscape. Headed by Ibrahima Djibo, its objective is to contribute to the economic and social development of Niger through the promotion of entrepreneurship and the development of SMEs. SINERGI S.A. provides the means for entrepreneurs in Niger to achieve their growth projects by providing long-term financing and local support.  → Find out more about Sinergi

 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. → Click here to find out more

In portfolio since: 2018

Made's Group

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Souleymane MADE
Country: Niger
A propos:

MADE'S GROUP is an industrial unit specializing in the production and marketing of potato chips, infant flour enriched with moringa and peanut, and juices, all based on the sweet potato.

THE ENTREPRENEUR

SOULEYMANE MADE is a young food and quality engineer. After several professional experiences in the field of agro-industry in Niger, Ivory Coast, and Equatorial Guinea, he created with partners the company DJADO INNOVATION to manufacture juices based on sweet potato before renaming it MADE'SGROUP in April 2017 with the financial support of ASUSU SA.


ABOUT SINERGI

SINERGI S.A. is a private investment company created in 2006 and supported by I&P with a group of key individual and institutional shareholders in the Nigerien and international SME support landscape. Headed by Ibrahima Djibo, its objective is to contribute to the economic and social development of Niger through the promotion of entrepreneurship and the development of SMEs. SINERGI S.A. provides the means for entrepreneurs in Niger to achieve their growth projects by providing long-term financing and local support.  → Find out more about Sinergi

 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. → Click here to find out more

In portfolio since: 2018

FEB

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Donatien ZONGO
Country: Burkina Faso
A propos:

The Ferme d'Embouche Bovine (FEB) is a unit specializing in livestock farming, more specifically cattle fattening and butchery. As such, it markets several products (fattened beef, fresh meat, etc.).

THE ENTREPRENEUR

The Ferme d'Embouche Bovine (FEB) is an initiative of Donatien ZONGO. Holder of a Master's Degree in Economics from the University of Ouagadougou, he started breeding after several training courses and practical internships in two farms in Ouagadougou and Koudougou.

CONTRIBUTIONS FROM SINERGI BURKINA 

Within the framework of the partnership with Sinergi Burkina, the objectives are as follows: 

- Implementation of accounting  
- Production equipment 
- Fittings and furniture 
- Computer hardware  
- WCR financing (purchase of cattle + zootechnical inputs) 

 

ABOUT SINERGI BURKINA 

 

 

 

 

Created in 2014, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap). → To learn more about Sinergi Burkina 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for young companies 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

FASOPRO

Sector of activity: Agro-Industry
Status: En cours d'investissement
Entrepreneur: Kahitouo HIEN
Country: Burkina Faso
A propos:

FasoPro is a company that transforms food products based on edible insects. Since 2014 FasoPro offers a range of products based on shea and locust caterpillars. FasoPro is now one of the most successful and award-winning start-ups in the country, having won the special award for the best social impact in 2018.

THE ENTREPRENEUR

FasoPro is an initiative of Kahitouo HIEN. Holder of a Master's degree in Biochemistry-Microbiology obtained in 2009 at the University of Ouagadougou, and a Master's degree in Water and Environmental Engineering, Environment option from the International Institute of Water and Environmental Engineering (2iE) obtained in 2012, his innovative vision for the company has earned him multiple national and international awards.

CONTRIBUTIONS BY SINERGI BURKINA

Fasopro has been supported by Sinergi Burkina since 2019 as part of the Partnering to Accelerate Entrepreneurship (PACE) program in partnership with the United States Agency for International Development (USAID).

The objectives are as follows:

  • Financing of mass communication (production of advertising spots and their broadcast on television).
  • Reinforcement of FasoPro's production capacity through the purchase of production equipment (oven, fryer, semi-automatic welding machine, etc.) and the purchase of raw material (shea butter caterpillars)

ABOUT SINERGI BURKINA

Created in 2014, Sinergi Burkina is the first impact investment fund dedicated to financing and supporting SMEs and start-ups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by Investisseurs & Partenaires as part of the I&P Développement 2 fund. The fund network currently includes a fund in Niger (Sinergi Niger), Côte d'Ivoire (Comoé Capital), Senegal (Teranga Capital) and Madagascar (Miarakap). → To learn more about Sinergi Burkina 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for young companies 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

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

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