Neurotech gets ISO certified for its management system



Neurotech, an information and technology provider delivering solutions for Senegalese enterprises, get the ISO 9001:2015 certification, relative to quality management.


The ISO 9000 family addresses various aspects of quality management and contains some of ISO’s best known standards.


Pêcheries du Sud

Sector of activity: Agro-Industry
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Olivier Méraud, Benoît Lenoir, Jaco Chan Kit Waye
Employees: 960
Country: Madagascar
A propos:


The group Pêcheries du Sud gathers key actors of the seafood sector in Madagascar. Its activities are mainly based in Madagascar, but the Group is also a partner and reference shareholder of Groupe Réunimer, based in La Réunion.

Pêcheries du Sud is present in the main links of the seafood value chain through its various subsidiaries, from production (fishing, aquaculture) to processing and packaging in factories and marketing on local and international markets.

The group notably includes:

Indian Ocean Trepang (IOT), a company specialized in the breeding and export of sea cucumbers that I&P has been supporting since 2012. IOT associates isolated fishing villages with its activity, generating additional income and thus fighting against overfishing and the extinction of marine fauna.

COPEFRITO: Established in Tuléar since 1995, the COmpagnie de PEche FRIgorifique de TUléar, or COPEFRITO, is a Malagasy limited company specialising in the collection and processing of cephalopods (octopus, squid) and other products such as lobster, crabs and certain fish.

SPSM: The Société de Pêche de Sainte-Marie (SPSM) was created in 1999 around a triple activity: fishing, collection and processing

Madagascar Alive Seafood (MAS) was formally created in October 2015 and specializes in mangrove crab aquaculture





Olivier Méraud has worked with Copefrito since 2004, where he has held several operational positions. He is a Merchant Navy Captain by training and has worked in the fishing and seafood trade for 12 years. In parallel to his duties at Copefrito, he co-founded Madagascar Seafood (MSF) in 2005 and is now one of its main shareholders and Chairman.

Jaco Chan Kit Waye is the current Managing Director of IOT, and and experienced entrepreneur. After having created and directed Copefrito, he founded in 2008 the company Madagascar Holothurie, now IOT, in association with a local partner and a team of university researchers. His environmental and social commitment led him to work as early as 2003 for the first natural resource management site with a fishing community and several NGOs to develop a protected marine area while improving the living conditions of fishermen. In 2006, Jaco was named "Malagasy SME Manager of the Year" (prize awarded by the BNI Madagascar of the Crédit Agricole group).



Partnership with I&P

I&P is committed alongside Pêcheries du Sud to:

• Support the launch of a new seafood processing plant in Diego

• Expand the group's activities in other regions of Madagascar, particularly in the north of the island

• Supporting the group at managerial and financial levels



• The group strongly contributes to the development of the seafood sector in Madagascar

• Implementation of a rational management of marine resources

• Involvement in several rural development projects in Madagascar, in partnership with NGOs directly linked to the group's aquaculture activities.

• Implementation of a CSR policy at group level



In portfolio since: 2016

Enko Education launches two new schools in Mali and Burkina Faso


African International Schools group Enko Education has announced the launch of two new schools, which will open at the beginning of the new academic year in September 2018: Enko Bamako International School in Bamako, Mali and Enko Ouaga International School in Ouagadougou, Burkina Faso. These new schools embody the vision of Enko Education to increase access to a high-quality international education for students on the African continent.


Article of Pharmivoire Nouvelle (Côte d’Ivoire) : Local production of medicine and accessibility challenges


The latest edition of the quarterly magazine « Private Sector and Development » focuses on the issue of African medicine. As recalled by Philippe Abecassis and Nathalie Coutinet in the introduction, access to proper medicine is a major challenge for African countries. The African Continent only accounts for 3% of global output while 95% of the medicines consumed in Africa are imported. In some African countries, counterfeit products represent half of all drugs on the market.


EVPA success stories: NEST in Senegal


The European Venture Philanthropy Association (EVPA) launched a new website featuring a set of innovative projects supported by foundations and impact funds. The Senegalese company NEST counts among the ‘’success stories’’ selected by EVPA.

The stories showcase how these companies respond to social and environmental challenges and how those supporting them (foundations and impact funds) have supported these projects in achieving and scaling their social impact.


New impact study on I&P’s portfolio: ITGStore in Cameroon


Each year I&P conducts an in-depth impact study on one of its portfolio companies. This year’s study focuses on ITGStore, an ITC company based in Cameroon. It was conducted by I&P and FERDI (the Foundation for International Development Study and Research).



Société Malienne de Blanchisserie

Sector of activity: Service
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Boureïma Lam
Employees: 18
Country: Mali
A propos:

Société Malienne de Blanchisserie is a Malian company providing a complete laundry service to hotels in Bamako.

The company takes in charge the collect, cleaning and delivery of the hotels’ linen (ben linen, aprons, sponges, table linen, bath towels…). The company counts the biggest hotels in Bamako among its clients, including Azalaï, Radisson and El Farouk.

To this date, the company is the only professional laundry service provider in Mali.



Boureïma Lam is a Malian entrepreneur. He launched the laundry Société Malienne de Blanchisserie in 2007, a few years after the launch of one of the first dry-cleaners of Bamako (Pressing Lam). This previous experience made him realize the lack of professional offer for the hotel industry.

In parallel Boureïma founded a training center dedicated to the laundry sector’s activities, as there is very little skilled labor in this sector.                 



I&P committed alongside with Société Malienne de Blanchisserie to:

• Increase the capacity of laundry treatments (from 1,5 ton todays to 5 tons of laundry per day)

• Launch a new line of services for hospitals and health centers

• Implement good governance practices

• Support the company in managing the generational transmission (from the founder to his children), so as to perpetuate the structure



• Formalization and structuration of the activity, with the creation of formal and permanent jobs

• Building of a new site with the best norms



In portfolio since: 2017

Carrières et Chaux du Mali

Sector of activity: Industry
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Madani Diallo
Employees: 90
Country: Mali
A propos:


Carrières et Chaux du Mali (CCM) is a Malian company specialized in the production and commercialization of quicklime and agricultural lime.

The company has access a high quality landform deposit of more than 70 million tons of raw material in its various forms. This supply will serve gold mining, agriculture, sanitation, and construction industries.

The quarry and the factory are based in Karaga (340 km west of Bamako in the region of Kayes). The company significantly participates to the economic growth of this area: more than 70% of the employees of the production site come from Karaga area.

The products will be offered in Mali and in the sub-region (Côte d’Ivoire, Guinea, Burkina Faso, Senegal, and Ghana).


Carrières et Chaux du Mali initially beneffitted from the support of Crossboundary, as part of a partnership set with the US Agency USAID. Crossboundary aims to unlock the power of private capital to impact underserved markets. The firm has broad experience providing opportunity sourcing, due diligence, transaction advisory and investment expertise in sub-Saharan Africa. Crossboundary has provided investment support and contributed to the structuration of CCM. To read more on the partnership with USAID, click here →



Madani Diallo, founder and director of CCM, stands as one the pioneer actors of the gold industry in West Africa. Trained as geochemist and mineralogist, Madani has more than years of experience in the mining sector. He held executive functions in major mining companies such as BHP Billiton and Anglogold Ashanti. He led mining exploration team, leading to the discovery of several gold mines.

Madani is a member of the board of directors of several institutions (Trust Bank in Ghana, International Bank of Burkina Faso)



I&P committed alongside with Carrières et Chaux du Mali to:

• Support the structuration of the company

• Support CCM in obtaining ISO standards 18001 and 14001



• Substitution to imports

• Develop a structuring industry in the country and the sub-region

• Create more than 80 formal jobs


In portfolio since: 2016


Sector of activity: Service
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Abdoulaye Mbaye
Employees: 53
Country: Senegal
A propos:


Neurotech is an information and technology provider delivering solutions for Senegalese enterprises. Created in 2003, the company has become one of the major IT integrators in Senegal.

The company has progressively extended its activities to include datacenters management, communications platform, management solutions, business intelligence and high-ended services.



Neurotech was created in 2003 by Adboulaye Mbaye, a computer engineer graduated from Tunisia. He has worked more than ten years for major telecommunication and technology companies, such as Orange branch in Senegal, TIGO, CBAO, or Gambia Telecom.

Abdoulaye actively contributed to the launch of the CTIC, the first ICT incubator in francophone Africa. He is deeply involved in the support and mentoring of young people proposing new projects in the ICT sector.



I&P committed alongside with Neurotech to:

• Develop the activities of the company in the sub-region

• Develop the range of services offered by the company, to include Cloud-based solutions



Neurotech is involved in the network ‘’CSR Senegal” (RSE Sénégal) and is active on various social issues including education, environment, and the promotion of human capital.

Thanks to this partnership, Neurotech set up a thorough CSR policy to support sustainable projects while keeping the focus on education issues and the promotion of new talents.


In portfolio since: 2016