I&P Acceleration in Sahel
I&P Acceleration in Sahel is an innovative program aimed at small businesses and start-ups in the Sahel and surrounding countries. The objective is to give these companies access to the financing and skills needed to foster their development, thus promoting the creation of decent and sustainable jobs in the region.
Deployed over 4 years, I&P Acceleration in Sahel targets small Sahelian companies. The program gives them access to funding and abilities detrimental to their development and encourages decent job creation in the Sahel.
The program targets 13 countries in the sub-region : Burkina Faso, Cameroon, Côte d'Ivoire, Ghana, Niger, and Senegal, and seven bordering countries (Benin, Gambia, Guinea, Mali, Mauritania, Chad, and Togo).
The program in details
I&P Acceleration in Sahel is deployed around three complementary components, aimed to accelerate the development of existing, but often informal, small businesses and to improve the success of new entrepreneurial projects in West Africa.
Strengthen the capacities of financed companies and investment teams through training and expertise missions (business plan preparation, administrative and financial management, coaching...)
Supporting the ecosystem
Strengthening entrepreneurship business structures: these structures are essential to helping to combat the feeling of loneliness that young entrepreneurs may experience and to facilitate their preparation for fundraising and/or investment.
The I&P Acceleration in Sahel program targets start-ups and small businesses meeting the following criteria:
⇒ Managed by men and women of African nationality or permanently settled in Africa, dedicated full-time to their business and wishing to collaborate with a group of investors.
⇒ Operating in the formal economy (legal structure recognized and registered in one of the 13 countries of intervention) or in the process of formalization.
⇒ Committed to maximizing their impacts (social and/or environmental) through their business activities and/or improving their practices.
⇒ Particular attention is paid to projects led by vulnerable populations (young people, women, populations in disaster-stricken and/or landlocked regions), and/or companies operating in the education and professional insertion sectors.
Program portfolio companies
The sponsor: the European Union
The program I&P Acceleration in the Sahel is funded by the European Union, and more specifically through the Emergency Trust Fund for Africa (EUTF).
The EUTF was established in 2015 to develop a comprehensive approach to stability, security and resilience and to prevent irregular migration and forced displacement. EU institutions, EU Member States and other donors have so far allocated €4.6 billion to the Africa Emergency Trust Fund. With actions combining economic and social development cooperation, humanitarian aid and crisis response programmes, the EUSTF uses an integrated security-development approach, offering a comprehensive and integrated response to the needs of the people of the Sahel and Lake Chad countries.
Click here to read more on the EUTF
The program is coordinated by I&P Entrepreneurs et Développement, a non-profit organization launched and managed by I&P, which aims to encourage and support entrepreneurship in sub-Saharan Africa.
I&P Acceleration in Sahel is deployed locally by I&P teams specialized in financing, coaching, education and training as well as by I&P's sponsored management companies, partners, and capital investment funds dedicated to high-potential, local, small and medium-sized companies (SMEs): Sinergi in Niger, Sinergi Burkina in Burkina Faso, Teranga Capital in Senegal, Comoé Capital in Côte d’Ivoire and Zira Capital in Mali.
Koloina ANDRIANONY joins I&P in January 2021 as a Portfolio Manager. Based in Madagascar, she is in charge of portfolio monitoring for the IPAS and IPAT programs....
Maharazou joined the SINERGI NIGER team in 2020 as seed manager for the I&P Acceleration in the Sahel program in Niger....
How to support the acceleration phase of small businesses in the Sahel region : I&P publishes lessons from I&P Acceleration in Sahel’s mid-term evaluationNews | 02/05/2023Since 2019 with the support of the European Union, I&P has been preparing small and medium-sized enterprises in the Sahelian sub-region for investment through the I&P Acceleration in the Sahel program. Three years after its launch, I&P is proud to present the first lessons of the...
I&P organizes the 9th annual Entrepreneurs' Seminar, bringing together 60 African entrepreneursEntrepreneurs | 10/07/2023 From June 14 to 17, I&P and The African Club of Entrepreneurs hold the 9th edition of the Entrepreneurs’ seminar. This 3-day training session dedicated to digital gathered about sixty African entrepreneurs operating in a dozen sub-Saharan African countries. Discover the pictures...
Promoting the business climate: I&P gathers SME support structures in CotonouNews | 09/02/2023From January, 31st to February, 3rd, I&P organized a regional meeting in Cotonou, Benin, for a training seminar aimed at strengthening the skills of stakeholders in the entrepreneurial ecosystem (accelerators, incubators, public and private intermediaries) and thus promote the development...
I&P publishes its Annual Impact ReportNews | 13/12/2022 I&P is pleased to present its Annual Impact Report, that presents the collective results of our different programs and funds. The report presents an overview of I&P's activities and impact methodology and goes through our six impact pillars : developing Africa entrepreneurship...
How to better support SMEs in their fundraising efforts? Discovering the Senegalese incubator ConcreeFormation | 19/01/2023In Senegal, Concree is one of the most dynamic incubators. In 2022, Concree benefited from Investment Readiness, a 9-month training program from I&P Acceleration in Sahel, funded by the European Union. Learn more about I&P Acceleration in Sahel Watch the video ...