I&P publishes the 2025 ESG and impact reports for the I&P Afrique Entrepreneurs 1 and 2 funds
I&P publishes the 2025 ESG and impact reports for the I&P Afrique Entrepreneurs 1 and 2 funds (IPAE 1 and 2), which review the progress made in 2024 and the contribution of these funds to the development of the African private sector.
Portrait entrepreneur : Meet Kancou Keita Cissé, Managing Director of Mali Shi
" You have to do it because it's hard, the impact is greater. We created Mali Shi with the idea of building a profitable, sustainable and impactful business. And I sincerely believe that this is possible here in Mali, as it is in other West African countries!"
I&P publishes Impact and ESG Reports for IPAE 1 and 2 Funds
I&P has just released its latest impact and ESG reports for the I&P Afrique Entrepreneurs (IPAE) 1 and 2 funds, showcasing the significant contributions of these funds to the African private sector.
IPAE are generalist funds that invest in equity and quasi-equity as a minority shareholder in startups and businesses located in Sub-Saharan Africa and the Indian Ocean, with financing needs ranging from €300,000 to €3 million.
Lapaire Glasses and AMI - African Management Initiative feature in "Africa's Fastest Growing Companies 2024" ranking
AerialMetric, HERi, Ultramaille: I&P partners in Madagascar visit IPAE portfolio companies
On Thursday 18 April 2024, AerialMetric, HERi Madagascar and Ultramaille, companies in the I&P Afrique Entrepreneurs 1 and 2 portfolios in Madagascar, received the partners and investors of the IPAE funds. An opportunity for the three companies to share their stories, missions, visions and impacts.
Entrepreneur Profile: Meet Folly Koussawo of Trianon Homes, Gabon
Founded in Gabon in 2012 by Folly Koussawo with the support of Seydou Béyé, Trianon Homes is a real estate development and construction company with three core businesses: third-party construction, turnkey project design and construction, and real estate development.
I&P Afrique Entrepreneurs 2 welcomes 5 new portfolio companies and closes its investment phase
Launched in 2017 with €92 million of assets under management, the I&P Afrique Entrepreneurs 2 (IPAE 2) fund closes its investment period with five new investments: AerialMetric in Madagascar, Lapaire Glasses (pan-African), Trianon in Gabon, Mali Shi in Mali and Win Industries in Senegal.
Mali Shi

Founded in 2019 by Karim Ghammache, Mali Shi is Mali's first industrial shea butter processor. The company produces high-quality shea butter for the international market as a sustainable and environmentally friendly substitute for cocoa butter.
Mali Shi uses two different supply chains: in the traditional supply chain, the company buys shea from local suppliers and partners. It also buys directly from women collectors, thereby improving the incomes of rural women. Mali Shi prioritizes direct purchases from women collectors through its own network, which is the main source of supply.
The entrepreneur
A Lebanese-Malian entrepreneur, Karim Ghammache grew up in Mali, and moved to France to complete his secondary education. He pursued his studies in finance in Canada, at HEC Montréal and McGill University, before joining the family business in Mali after completing his degree.
He joined the management of two startups launched by his family: Diago Mineral Water and Omnium, and took part in their restructuring and turnaround after difficult beginnings. In 2019, he acquired Omnium Mali, turning it into one of the most technically advanced factories in Africa.
Building on this successful experience with Omnium Mali, in 2011 he launched Omnium Invest, an investment company that creates and deploys startups run by autonomous management teams. Through this structure, he steers Mali Shi.
Partnership with I&P
Mali Shi is supported by I&P through the I&P Afrique Entrepreneurs 2 (IPAE 2) fund. The funds raised will be used to :
- Strengthen the company's WCR ;
- Strengthen its capacity to raise seasonal credit;
- Increase the production capacity of the facility.
Expected Impact
- Local processing of shea kernels, creating value and limiting exports of raw materials;
- Improved conditions for women in rural areas;
- Strong job creation and skills transfer in the shea kernel processing industry;
- Structuring the shea kernel industry and improving the income of women's kernel-collecting cooperatives.
Mali Shi website : Click here
I&P releases its Annual Impact Report
I&P is thrilled to announce the release of its Annual Impact Report for the year 2023.
The report offers a comprehensive overview of I&P's activities, achievements, and impact throughout the year, showcasing the growth and transformational changes spurred by the organization's commitment to entrepreneurship in Africa.
The anual impact report notably covers an overall look at I&P's activities and a detailed review of our impact, following our 6 impact pillars