PALOBDE

Sector of activity: Health
Status: En cours d'investissement
Entrepreneur: Emilie Palobde KYENDREBEOGO
Country: Burkina Faso
A propos:

PALOBDE is a company specializing since 2018 in the production and marketing of washable sanitary towels. In addition to meeting a hygienic need where Burkinabé teenage girls cannot afford disposable pads, PALOBDE promotes a local raw material (cotton) while respecting ecological standards.

THE ENTREPRENEUR

The initiative was led by Emilie Palobde KYENDREBEOGO, also involved with the NGO Helen Keller International in Burkina Faso. Previously, she held the positions of accountant and finance administrator at IFDC Burkina Faso.

CONTRIBUTIONS OF SINERGI BURKINA

Since 2019, the company has been supported by Sinergi Burkina 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:

Carry out a market study to have a better visibility of the market
Realize and implementation of a communication plan
Company equipment to support growth (production equipment, rolling stock, office equipment)
Strong working capital to enable the company to build up a stock of finished products to respond quickly to orders

 


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

Home Medical Service

Sector of activity: Health
Status: En cours d'investissement
Associed fund: Comoé Capital
Entrepreneur: Mme Arame D’Almeida et Mr. Jean-Charles Patrick D’Almeida
Country: Ivory Coast
A propos:

Established in 2002, Home Medical Service (HMS) is a private medical centre offering day care such as consultations, medical analysis and observation.

THE ENTREPRENEURS

Le centre médical HMS est détenu par un couple de médecin : Dr. Arame D’ALMEIDA et son époux Dr. Jean-Charles Patrick D’ALMEIDA ont fondé ce centre médical après leurs études de médecine au Sénégal ainsi que plusieurs années d’expériences.

Dr Arame DIAGNE D’ALMEIDA est titulaire d'un doctorat en médecine qu'elle obtient à l'université Cheick Anta Diop de Dakar en 1992. Elle cumule près de 24 années d’expériences professionnelles.

 

Her husband, Dr. Jean-Charles Patrick D'ALMEIDA, holds a graduate degree in Gynecology and Obstetrics from Cheick Anta Diop University in Dakar, which he obtained in 1990. He has 29 years of experience and has worked in several clinics in Côte d'Ivoire as a temporary gynaecologist-obstetrician.

EXPECTED IMPACT

  • Increase in reception capacity and diversification of care offers
  • Improving the quality of care, particularly in neonatology and maternity care
  • Staff training and capacity building

 

ABOUT COMOE CAPITAL

Comoé Capital is the first impact investment fund dedicated to the financing and support of Ivorian SMEs and start-ups. Headed by Issa Sidibé, Comoé Capital is the fifth African 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), Burkina Faso (Sinergi Burkina), Senegal (Teranga Capital) and Madagascar (Miarakap). →Site of Comoé Capital

In portfolio since: 2019

New Crystal

Sector of activity: Health
Status: En cours d'investissement
Associed fund: IPAE 2
Entrepreneur: Dr. Wisdom Amegbletor
Employees: 400
Country: Ghana
A propos:

 

New Crystal Health Services (NCHS) is Ghana’s leading private health care group dedicated to the urban poor. From its modest beginnings in a four-bedroom facility in 2003, New Crystal now serves an average of 300,000 customers per year through a chain of six networked clinics, a diagnostic services company and a pharmaceutical wholesale and retail company. NCHS provides general consulting services in health care, surgery, optics, dental care and other diversified health services.

 

THE ENTREPRENEUR

Dr. Wisdom Amegbletor is a medical doctor and an entrepreneur. After completing University of Ghana Medical School in 1999, he completed his mandatory housemanship and then decided to work at Greenshield Clinic in Sefwi-Wiawso, a rural town in the Western region of Ghana. During his Greenshield experience, the founder of the clinic entrusted Dr. Wisdom with overall management responsibility, which helped him to later birth the idea of New Crystal in 2003. He holds an MBA from the University of Ghana Business School in Entrepreneurial Management. Dr. Wisdom has been the primary driver of New Crystal’s growth to date.

 

PARTNERSHIP WITH I&P

I&P’s investment in New Crystal aims to:

• Upgrade the infrastructure of the New Crystal network of clinics to enable the continued provision of affordable, more quality health care to underserved communities

• Strenghten governance practices and organizational structure to support the sustainability of the business

 

EXPECTED IMPACT

• Access to affordable and quality health care

• Provision of free health care to all the staff of the clinics

• Financing of certifications and regular training of the staff

• Improved waste management methods

• Possibility of supplying solar energy to clinics

 

 

 

In portfolio since: 2020
en-savoir-plus

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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Procréa

Sector of activity: Health
Status: En cours d'investissement
Associed fund: IPAE 2
Entrepreneur: Myriam Kadio-Morokro BROU
Employees: 46
Country: Ivory Coast
A propos:

 

The medical-surgical clinic PROCREA, based in Abidjan, began operating in 2008. It specializes in the field of reproductive health and is the leader in Côte d’Ivoire in Assisted Reproductive Health Care (AMP), a technique that treats people with infertility issues and helps them to achieve parenthood.

PROCRÉA also provides mother-child care, including obstetrical gynecology, neonatology (newborn care), and pediatrics.

 

The vision of PROCREA's promoters is to popularize the practice of MAP in order to make it accessible to a greater number of people. The clinic aims to become one of the leaders in the sector in Côte d'Ivoire and West Africa, complying with the requirements and standards of the international medical sector. In ten years of activity, the clinic has already accompanied more than 500 couples.

 

THE ENTREPRENEUR

PROCRÉA was created in 2006 under the initiative of Dr. Myriam Kadio-Morokro Brou, principal promoter, and Professor Marie-Laure Hauhouot Attoumgbré, co-promoter, both of whom are recognized experts in Côte d'Ivoire in the fields of biology and reproductive sciences. Later they were joined by 3 other renowned health professionals in Côte d'Ivoire.

After obtaining her bachelor's degree in France, Dr. Kadio-Morokro Brou joined the Faculty of Medicine in Abidjan where she graduated in 2001 and did a thesis on reproductive biology. Passionate about the subject, she then returned to France to complete her studies in reproductive biology, sterility therapy, molecular cytogenetics and male sterility. During her stay in France she worked in several hospitals, hospitals and laboratories.

Back in Côte d'Ivoire in 2005, she suggested to her friend Prof Attoumgbré to join her in the PROCREA clinic project, which they founded in 2006. PROCREA’s activities officially started in 2008.

 

► To know more, discover the interview of Dr. Kadio-Morokro Brou

 

 

PARTNERSHIP WITH I&P 

I&P committed alongside with PROCRÉA to:

• Restructure the project to focus on the medical offer dedicated to reproduction

• Financing and supporting the construction of a new, larger clinic, better adapted to PROCRÉA's needs and designed in an environmentally friendly way (treatment of medical waste, rainwater recovery, reduction in energy consumption, etc.)

• Support the management team in the running of the clinic

 

EXPECTED IMPACTS

• Make reproductive health care available to the greatest number of people

• Improve the quality of care

• Increase the clinic's capacity

 

 

In portfolio since: 2018
en-savoir-plus

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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Pharmivoire Nouvelle

Sector of activity: Health
Status: En cours d'investissement
Associed fund: IPAE 1
Entrepreneur: Elisabeth Kacou, Peter Aouely
Employees: 73
Country: Ivory Coast
A propos:

Pharmivoire Nouvelle is an Ivorian lab processing medical intravenous solutions. Pharmivoire was created when Copharminvest Holding bought the industrial lab PHARMIVOIRE in 1999. It is for now the only lab to locally produce and sell soft-packed intravenous solutions in French-Speaking West Africa. The company aims at becoming a leader on the West African Economic and Monetary Union, a market in real demand for medical goods while the sub-regional market imports 90% of this type of equipment.

 

COPHARMINVEST HOLDING was created in 1993 by the Ivorian Order of Pharmacists in order to comply with practitioners needs and set up economic tools within their sector by filling local industry needs as opportunities arise. This council gathers more than 100 private pharmacists.

 

THE ENTREPRENEURS

Dr. Elizabeth Kacou is Chairman of the Board of Directors of Pharmivoire. Dr. Kacou is an officine-managing pharmacist with a dual profile  enhanced  by several management trainings (HEC Paris, HEC Executive Ivory Coast). 

The management of the company is held by Peter Aouely, the first non-pharmacist manager of the company with a strong entrepreneur background and a solid sense of business he acquired during his study at the Business School of Abidjan (ESCA).

 

PARTNESHIP WITH I&P

I&P is committed alongside with Pharmivoire:

• To finance a new type of equipment that will produce more profitable packs

• To set up employee profit-sharing plans with a bonus system

 

KEY IMPACTS

• Imports reduction on the intravenous solutions market

• Strong local added value

• Highly-qualified jobs

• Structured local pharmaceutic sector

 

In portfolio since: 2014
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Colaser

Sector of activity: Health
Status: Sortie
Associed fund: IPDEV1
Entrepreneur: Aliou Lam, Makane Seck
Employees: 21
Country: Senegal
A propos:

Colaser is an ophthalmologic clinic aiming at responding to the needs of a broad and diverse clientele such as individuals, employees under healthcare programs, retired people, middle-class people, and foreigners. The clinic has followed an unfluctuating growth since its creation. It carries out 10,000 consultations and 1,400 medical procedures every year, among which 110 retinal detachments and as many refractive eye surgery.

Colaser stands as the most important ophthalmologic center in terms of equipment and expertise. It substitutes to medical travels in Europe for numerous diagnostics and cares. Within a few years, Colaser has become a model for West-African ophthalmological clinics, and attracts a steady flow of patients from neighbor countries.

 

ENTREPRENEURS

Colaser was created in 2007 when the care supply was highly insufficient. It was initiated by 4 doctors: Pr. Lam, Dr. Seck, Dr. Jouni and Dr. Jaffar. Aliou Lam and Makane Seck are military doctors and surgeons. They formerly worked at the Hopital Principal of Dakar and took the chance, while leaving the army, to settle in Senegal and invest in the private sector.

 

PARTNERSHIP WITH I&P

I&P committed alongside with Colaser :

• To provide a key financial and strategic support at the company’s creation

• To grant the founders a loan that would enable them to purchase high-technology pieces of equipment

• To strengthen the administrative service of the clinic.

 

KEY IMPACTS

• 21 jobs created

• Improvement of the local medical offer

• Successful example of associated doctors

 

In portfolio since: 2007 (sortie en 2014)

Viseo

Sector of activity: Health
Status: En cours d'investissement
Associed fund: IPDEV1
Entrepreneur: Franck Touré
Country: Ivory Coast
A propos:

Viseo distributes and sells optical items through a retail network in Abidjan. Settled in 3 different shops, the network plans to expand all over the country. In Ivory Coast, the formal offer is crippled by broadly unaffordable prices and endangered by more attractive informal offer provided by “ground chemistries”. With lower prices and ready availability, these “ground chemistries” provide cheap quality goods. Viseo intends to fill this gap with free sight-examinations offered to all and information campaigns organized in schools, private companies and communities

 

THE ENTREPRENEUR

Franck Touré is an optician and an optometrist. He chairs the Ivorian association of the eye professionals. He has worked in France for a long time then came back to Ivory Coast to lead a famous French optical outlet in Abidjan. He also teaches at the Optometry School of Ivory Coast. He manages Investissements & Développement, a holding promoting development through the support brought to SMEs, which is behind the group “Vue & Vision”. He has long strived in favor of the access to affordable care for all.

 

PARTNERSHIP WITH I&P

I&P is committed alongside with Viseo

• To promote the brand launch : campaign, shop opening

• To provide commercial and financial support

• To undertake the recovery plan after the Ivorian political crisis

 

IMPACTS

• 2,000 persons are given free screening examinations each year

• Over a hundred good-quality equipment distributed each year in Ivory Coast

 

In portfolio since: 2010

Genemark

Sector of activity: Health
Status: En cours d'investissement
Associed fund: IPDEV1
Entrepreneur: Gisèle Etamé
Employees: 22
Country: Cameroon
A propos:

GENEMARK processes generic drugs (anti-infectious, anti-parasitic, anti-inflammatory …) and aims at the largest distribution scale thanks to an offer 30% to 50% cheaper than classical drugs. Genemark developers favor the production of liquid drugs (15 references over 27) in order to reduce overdose risks, particularly high in paludism treatments for children.

 

Report on Genemark (in French)

 

THE ENTREPRENEUR

Gisele Etamé decided in 2003 to launch her own pharmaceutical laboratory. As a Doctor in pharmacy, she took the opportunity to develop pharmaceutical products available for all after the Cameroonian Ministry of Health authorized the sale of generic medicine. Thanks to her strife over the last decade, Genemark is now a major label in the local pharmaceutical industry.

 

PARTNERSHIP WITH I&P

I&P is committed alongside GENEMARK:

• To enable the reference range enlargement 

• To finance the production capacity growth

• To keep a watch over the products quality   

• To supervise the deployment of a sales force

• To improve the governance

 

KEY IMPACTS

• Number of jobs created or maintained: 20

• Genemark has improved the access to health by offering medicines 30 to 50% less expensive than licensed  medicines

• Turnover annual growth on average since 2008: +14%

 

In portfolio since: 2008
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