TECO²

Sector of activity: Industry
Status: Financement d'amorçage
Entrepreneur: Calvin Tiam
Country: Burkina Faso
A propos:

Toiture Economique et Ecologique (TECO²) is a startup created in 2018 that aims to promote green growth in Burkina Faso and Africa through the recycling and valorization of plastic waste. The company produces and markets furniture, roofing and beacons made from recycled plastic waste.

THE ENTREPRENEUR

TECO² was created by Calvin Tiam, an engineer in Industrial Process Engineering and Renewable Energies, who graduated in 2012 from the International Institute of Water and Environmental Engineering (2iE) in Ouagadougou. Calvin Tiam is convinced that entrepreneurship is nowadays the right solution for the economic emergence of developing countries, and has set himself the mission of transforming used plastic bags.

Thanks to his commitment , his company has been able to distinguish  during multiple competitions. His rewards :   

  • Winner of the 1st Prize (Diamond Prize) of the TREMPLIN START-UP UEMOA Competition and best start-up in the UEMOA Community space (December 2020)
  • Winner of the SITRA Prize in the category of the most inspiring solutions of innovations in circular economy worldwide (September 2019)
  • Winner of the Switch Africa Green - SEED Award 2017 organized by the UNEP program with the support of the European Union (July 2017)
  • Winner of the 1st Prix Jeunesse de la Francophonie 35<35 in the Social Entrepreneurial category (October 2016)

 

PARTNERSHIP WITH I&P AND SINERGI BURKINA

TECO² benefits from I&P Acceleration in Sahel, which is implemented in Burkina Faso by Sinergi Burkina sponsored by I&P. The support will allow the company to : 

  • Strengthen its production capacity
  • Secure the supply of raw materials 
  • Strengthen the sales and marketing function
  • Strengthen the structure and the management system

EXPECTED IMPACTS

  • Ecosystem preservation
  • Creation and consolidation of jobs
  • Contribution to cities  sanitation
  • 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: 2021

Senexel

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Boubacar Senou
Country: Burkina Faso
A propos:

Senexel is a laboratory specialized in physico-chemical and microbiological testing in Burkina Faso, offering analysis of mining waste and heavy metals in fertilizers and quality control of water in agrifood products.

THE ENTREPRENEUR

Senexel was created by Boubacar Senou, a chemical engineer by training. Mr. Senou holds a master's degree in food technology and a post-graduate diploma (DESS) in metallurgical engineering. He has more than 15 years of experience as a chemist in companies such as SGS Canada, 5N plus Inc, Norgold, etc. He is a member of prestigious institutions such as the Quebec Order of Chemists, the American Chemical Society and the Canadian Institute of Mining and Petroleum.

PARTNERSHIP WITH I&P AND SINERGI BURKINA

Senexel is supported by I&P and Sinergi Burkina through I&P Acceleration in Sahel. The support will allow the company to : 

  • Strengthen the production capacity  
  • Diversify the analysis offers
  • Contribute to the reduction of the delivery time of the results
  • Support the company in obtaining ISO 17025 certification
  • Strengthen the accounting and management information system (MIS)

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: 2021

Faso Elevage Bio

Sector of activity: Agro-Industry
Status: Financement d'amorçage
Entrepreneur: Aboul-Wakil Faïçal PALENFO
Country: Burkina Faso
A propos:

Faso Elevage Bio is a Burkinabe company specialized in the production of breeding materials. This young company has progressively developed five activities aimed at poultry farmers: production and commercialization of chicks and breeding equipment (incubators, cages, brooders, etc.), implementation of a farm monitoring system, rent of livestock buildings and training of poultry farmers on good breeding practices.

THE ENTREPRENEUR

Faso Elevage Bio was created by Abdoul-Wakil Faïçal PALENFO when he was a young student entrepreneur. Before starting his own business, Mr. PALENFO was a livestock consultant for NGOs and companies like Ferm'Afrik. He holds a professional master's degree in animal production from the University of Saint Thomas Aquinas (USTA) in Ouagadougou.

PARTNERSHIP WITH I&P AND SINERGI BURKINA

Faso Elevage Bio is supported by I&P and Sinergi Burkina through I&P Acceleration in Sahel. The support will allow the company to : 

  • Strengthen the chick production capacity
  • Improve the quality of the egg brooding machines
  • Strengthen the company's market presence
  • Strengthen the structuring and the management system (SIG)

EXPECTED IMPACTS

  • Creation and consolidation of jobs
  • Increase the local supply of chicks
  • Valuation of local products 
  • 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: 2021

I&P publishes its second global impact report

 

Investisseurs & Partenaires publishes the second edition of its annual impact report, a summary of our impact mission and the most significant achievements and progress made in 2021.

In a time period strongly marked by the Covid-19 crisis, I&P's teams have grown stronger, new projects have been launched and support for African entrepreneurs is more necessary and useful than ever.

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LMKT

Sector of activity: Education & Training
Status: Financement d'amorçage
Country: Burkina Faso
A propos:

The Lycée Privé Technique Moderne de Koudougou (LTMK) is a technical secondary school created in 2017, located in Koudougou, Burkina Faso, about a hundred kilometers from Ouagadougou.

The school has 207 students and offers initial training (BEP and BAC) in the fields of electronics, civil engineering and electrical engineering. The school will open in 2021-2022, a cycle of classical secondary education from the 6th to the 10th grade.

 

 

THE ENTREPRENEUR

Mr. KABORE is a 37 year old Burkinabé, holder of a DUT in commercial management and a Master in Marketing and Business Intelligence from the African Institute of Management (IAM Ouaga). After fifteen years of experience in teaching and recruitment, he opened the Institut Supérieur de l'Eau, du Bâtiment et de l'Energie à Ouagadougou (ISEBE) in 2013, a training center based in Ouagadougou that offers training in civil engineering, geology and energy engineering. In 2017, three years after the opening of ISEBE, Mr. KABORE decided to open LTMK with the main objective of providing students with tools for entrepreneurship or giving them a solid foundation before entering a higher education institution. 

PARTNERSHIP WITH I&P

LTMK is supported by I&P through I&P Acceleration in Sahel program dedicated to education and employment (IP2E).

 

EXPECTED IMPACTS

The funding and support provided to LTMK aims at :

  • The location, installation and the supply of 10 classrooms for the opening of a classical teaching cycle 
  • The purchase of materials for equipments of a laboratory of practical work (TP)
  • The funding of the working capital requirement
In portfolio since: 2021

Ecofood

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Stéphane NKONTCHOU
Country: Cameroon
A propos:

Ecofood is a Cameroonian company that operates in mass catering and started its activities with school catering and life base services. Today, it feeds more than 1500 students a day in the most prestigious primary and secondary schools in Yaoundé.

THE ENTREPRENEUR

Stéphane NKONTCHOU is the founder of Ecofood. He grew up in Cameroon and then continued his studies in France, with two master's degrees in Mechanics from the Pierre et Marie Curie University and Arts et Métiers. After ten years of experience in industrial project management, he decided to come back to Cameroon to take care of a family business of which he became the General Manager. After this experience, he decided to found Ecofood.

THE PURPOSE OF THE FUNDING

Ecofood is supported by I&P through I&P Acceleration in Sahel, funded by the European Union.

The objectives of the funding are : 

  • to acquire 3 vehicles for the distribution of meals in schools
  • the fitting out of the new premises
  • the implementation of an information system
  • the preparation and execution of the marketing and communication strategy
In portfolio since: 2021

Fisco

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Joël Sikam
Country: Cameroon
A propos:

Fisco is a Cameroonian company that markets household products (detergents, bleach, etc.) and para-pharmaceutical products (hydro-alcoholic gels, alcohol, etc.). The company has an artisanal production unit in Bonabéri, in Douala and has activities that now extend to 3 regions of the country (Littoral, Centre, North).

THE ENTREPRENEUR

Fisco was created by Joel Sikam, a Cameroonian with a degree in finance (Bachelor's degree from the University of North Texas). After starting his career in the United States in equity and wealth management with family offices, he returned and founded his own company. Joël Sikam is also very active in the GICAM which is the employers' association of Cameroon.

PURPOSE OF THE FUNDING

Fisco is supported by I&P through I&P Acceleration in Sahel. The funding granted will upgrade in safety and quality  by financing the facilities and the acquisition of the necessary equipment. The program will also allow the company to finance the acquisition of a new vehicle for distribution and to support the company in the execution of its communication strategy. 

In portfolio since: 2021

I&P organizes a masterclass dedicated to funding solutions for companies in Cameroon

On July 21st, Investisseurs & Partenaires (I&P), in partnership with the Cameroon Chamber of Commerce and the European Union, organized a masterclass dedicated to funding solutions for SMEs in Cameroon ( from microfinance to equity investment). During this event, several financial and legal institutions as well as entrepreneurs shared their experience in order to draw up a complete panorama of traditional and alternative funding solutions available to companies according to their size and maturity.

 

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Interview with Angéline Yougbaré Traoré, founder of Maison Fenel in Burkina Faso

Last June, I&P went to meet Angéline Yougbaré Traoré, a young entrepreneur who founded Maison Fenel, a company specialized in the production and marketing of fashion accessories made from local woven fabrics (Faso Dan Fani) and the first company run by a woman who benefited from I&P Acceleration in Sahel in Burkina Faso.

 

 

 

 

 

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