I&P Acceleration Technologies makes a new investment: Sayna in Madagascar

 

I&P Acceleration Technologies, a program dedicated to African digital startups led by Investisseurs & Partenaires (I&P), and Miarakap, an impact investment company dedicated to financing and supporting high-potential small and medium-sized enterprises in Madagascar, are partnering with Sayna, the first African Edtech & crowdsourcing platform.

English

Sayna

Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Matina Razafimahefa
Country: Madagascar
A propos:

 

Created in 2018 by a talented young Malagasy entrepreneur, Sayna is a startup specialized in digital training and outsourcing of IT projects, carried out by African developers via a micro-tasking platform.

Sayna intends to address a twofold problem: the lack of training in the digital sector in Africa, and the gap between the supply of digital talent and the growing demand of companies in the context of their digital transformation.

Sayna offers digital skills training and provides solutions that allow the students to enter the job market. To date, Sayna has trained nearly 200 students.

 

Today, Sayna aims to develop a tech startup model based on two pillars:

⇒ A paying online training platform for learners that allows them to follow, evaluate and validate their learning, but also to have access to company IT projects corresponding to the learning they have validated during their training.

⇒ A "microtasking" platform that allows companies to outsource their IT projects more efficiently, which are divided into distributed micro-tasks and assigned to freelance developers registered on the platform.

 

THE ENTREPRENEUR

The promoter of the project, Matina Razafimahefa, is a young Malagasy entrepreneur of 23 years old, winner of several awards. At 20 years old, she decided to stop her studies to devote herself fully to the deployment of the project and has surrounded herself with advisors and experienced business angels.

 

PARTNERSHIP WITH I&P ACCELERATION TECHNOLOGIES AND MIARAKAP

Sayna is financed and supported by I&P Acceleration Technologies, a €2.5 million program aimed at financing and supporting fifteen digital start-ups in Sub-Saharan Africa, supported by the French Development Agency (AFD) through the Digital Africa initiative.

As such, Sayna benefits from a €100,000 repayable advance from the I&P Acceleration Technologies program to :

⇒— Finalize and launch the micro tasking platform

—⇒ Roll out the training programs in partnership with a leading player in Bootcamp training, Holberton (Silicon Valley)

⇒ Train 200 students by the end of 2021

 

NEXT STEPS AND EXPECTED IMPACTS

Sayna's ambition is to :

—• Enable 8,000 people in Africa to enter the digital industry through its training and have more than 3,500 people working on its micro task platform.

•— Meet the IT needs of 300 SMEs and start-ups in the French-speaking world.

—• Complete a Series A fundraising of approximately €3 million in 2022 to accelerate growth and finance a pan-African expansion in West Africa.

 

In portfolio since: 2021
en-savoir-plus

I&P finances two tech companies in Côte d'Ivoire through its I&P Acceleration Technologies program

 

 

Keiwa and Legafrik, two Ivorian start-ups operating in the tech sector, have recently joined the portfolio of I&P Acceleration Technologies, a program aiming to finance and support about fifteen digital start-ups in Sub-Saharan Africa.

These two companies will benefit from seed financing and strategic support, provided by I&P Acceleration Technologies and the team of Comoé Capital, I&P's partner in Côte d'Ivoire.

 

English

Interview of Ranto Andriambololona, Founder of HaiRun Technology and SmartPredict

 

A native of Antananarivo and a graduate of the Institut Supérieur Polytechnique de Madagascar, Ranto Andriambololona worked for 15 years in France before returning to Madagascar in 2018 with two entrepreneurial projects in the tech sector. Three years later, HaiRun Technology and SmartPredict are growing rapidly and have more than 150 employees.

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A $50,000 loan to Malian startup Teliman through Kiva

 

The Malian company Teliman, supported by our program I&P Acceleration Technologies, recently received a $50,000 loan through the online platform Kiva. This loan will help the startup provide quality jobs, health insurance, and productive asset ownership to Malian youth moto-taxi drivers.

Teliman is the very first on-demand motorcycle-taxi service in Bamako, Mali.

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Jiro-Ve

Sector of activity: Energy
Status: Investissement en capital
Entrepreneur: Rik Stamhuis
Country: Madagascar
A propos:

 

Jiro-Ve is a pioneering company in rural electrification in Madagascar, launched in 2014.

Jiro-Ve has come up with an innovative, inclusive micro franchise model to provide affordable and healthy lighting for marginalized communities. Its business model allows the company to rent out a rechargeable LED light for a price that is cheaper than candles or kerosene. For 250 Ariary per day (≈ 0,06 €) people get a fully charged light delivered to their doorstep, both incities and remote rural areas of Madagascar.

Jiro-Ve hires local entrepreneurs and uses existing networks, supporting and developing entrepreneurship.

 

THE ENTREPRENEUR

Jiro Ve is managed by Rik Stamhuis, an entrepreneur of Dutch origin located in Madagascar since 2012.  He holds 48% of the company's capital.

Rik is a driven and energetic leader with years of experience working for social enterprises. Before founding Jiro-Ve, Rik worked in Kenya trying to find innovative ways of distributing renewable energy.

 

 

PARTNERSHIP WITH I&P

Thanks to funding from the program I&P Acceleration Technologies, Jiro-Ve plans to expand its activity, initially in Madagascar by distributing the new kits in larger quantities and targeting more regions.

The company aims to extend its offer to other regions of Africa later on.

 

EXPECTED IMPACTS

⇒ Jiro-Ve aims to eliminate poverty by helping local entrepreneurs to have a better income.

⇒ Jiro-Ve's model allows the most disadvantaged consumers to access a source of energy that is less polluting, less dangerous and less expensive than petroleum lamps.

⇒ According to the studies carried out by the company, each lamp used would avoid the emission of 0.37 tons of CO2 per year.

⇒ This energy source also has a positive impact on the health and well-being of users, by reducing the toxic fumes emitted by the candles and kerosene lamps that most target customers currently use.

 


About I&P Acceleration Technologies

Launched in 2019 with the support of the French Development Agency through its iniative Digital Africa, I&P Acceleration Technologies is a €2.5 million program that aims to finance and support some fifteen digital startups in Sub-Saharan Africa, with a focus on Western Africa, Central Africa and Madagascar. Click here to read more →

 

About Miarakap

Miarakap is the first impact fund dedicated to the financing and support SMEs and start-ups in Madagascar. Managed by Emmanuel Cotsoyannis, Miarakap is the fourth African fund sponsored by Investisseurs & Partenaires as part of its program I&P Development 2. The network currently includes impact funds specialized in SME-financing in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), in Senegal (Teranga Capital) and Côte d'Ivoire (Comoé Capital). Click here to visit Miarakap's website →

 

In portfolio since: 2020
en-savoir-plus

⇒ Site internet de l'entreprise

⇒ Page Facebook

 

Crédits photos © Heidi Yanulis Photography

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