La Maison Fenel

Sector of activity: Textile
Status: Financement d'amorçage
Entrepreneur: Angéline TRAORE YOUGBARE
Country: Burkina Faso
A propos:

 

La Maison Fenel produces and markets fashion accessories (fitted accessories, ordinary sewing accessories and leather goods accessories) from local fabrics woven in Burkina Faso (Faso Danfani). 

 

The Entrepreneur

Fenel was founded in 2019 by Angéline TRAORE YOUGBARE, who before creating the company, worked for 10 years as manager and main designer at Nagteedo Création, a company specialized in fashion and pearl jewelry. Passionate about fashion since 2007, it is in 2019 that she started to develop local woven loincloths such as the Faso Dan fani.

 

Contribution of I&P Acceleration in Sahel and Sinergi Burkina

La Maison Fenel is supported by Sinergi Burkina as part of the I&P Acceleration program in Sahel.

The main objectives of this partnership are to :

  • Increase production capacity and product quality
  • Diversify the company's products by launching a range of ready-to-wear products made from Faso Danfani
  • Set up an internal accounting system kept by a professional
  • Strengthen the sales force and the visibility of the company 
  • Restructuring the company and strengthening its management system

 

Expected Impacts

  • Consolidation of 7 existing full-time jobs and creation of 6 new formal jobs for young people and full-time women
  • Contribution to the national economy through the payment of taxes to the tax authorities
  • Increased revenues for Faso Danfani loincloth weavers
  • Creation of a strong added value through the valorization of local products
  • Reducing imports of fashion accessories and strengthening exports

 


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: 2020

Savonnerie Parfumerie du Houet

Sector of activity: Cosmétique
Status: Investissement en capital
Entrepreneur: Moumouni KONATE
Country: Burkina Faso
A propos:

A family business created in 1996 by Moumouni KONATE, the Savonnerie Parfumerie du Houet (SPH) is a company specialized in the production and marketing of shea butter-based hygiene products.

At the beginning, it was just a simple artisanal soap production unit which, thanks to the dynamism and commitment of the team, has been able to modernize and position itself as one of the leaders in its field. Within the framework of its partnership with SINERGI Burkina, the SPH aims to market just over 3,000 tons of cosmetic products in Burkina Faso.

 

THE ENTREPRENEUR

A former career banker, Mr. KONATE has more than 15 years of banking experience and holds a professional banking diploma from the Institut des Arts et Métiers de Paris. During his entrepreneurial career, he was 1st vice-president and then president of the Global Alliance of Shea (AGK). His commitment and dynamism have earned him several laurels:

  • Industrial Companionship Award France/Africa/Mediterranean (2006) with l'OCCITANE
  • Knight of the Order of Merit of Commerce and Industry (2009)
  • Award for the best exporter of the Agency for the Promotion of Exports of Burkina Faso (2012)
  • Officer of the Order of Merit of Commerce and Industry in (2014)

 

CONTRIBUTION OF SINERGI BURKINA

The objectives of the partnership include :

  • Support to the managerial team and operationalization of the governance bodies
  • Reinforcement of the annual production capacity
  • Diversification of customers and products

 

EXPECTED IMPACTS

  • Formalization and protection jobs
  • Valorization of local products
  • Establishment of good governance 
  • Payment of taxes and social contributions

 

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: 2020

Salgatech

Sector of activity: Energy
Status: Financement d'amorçage
Entrepreneur: Silvère SALGA
Country: Burkina Faso
A propos:

Salgatech is a company operating in the renewable energy sector. It specialises in the production and installation of multifunctional cold rooms and ice machines that it markets in Burkina Faso.

 

THE ENTREPRENEUR

Salgatech SARL was created in 2018 by Silvère SALGA. Inventor, innovator, writer and trainer, Silvère SALGA is a seasoned expert in entrepreneurship, research and development, and green energy. He is the author of several scientific works and discoveries such as, Tensis system, The Theory of Transforming Humanity and The Theory of the Changing Universe and has received several awards including the Thomas Sankara Medal for Invention and Innovation and the 2nd Prize for the Best Productive Energy Innovation of the Energy Week, and Renewable Energy in Africa (SEERA). 

 

CONTRIBUTION OF SINERGI BURKINA

Salgatech is supported by SINERGI BURKINA as part of the I&P Acceleration in Sahel programme. The main objective of this partnership is to :

  • Relaunch and strengthen the production capacities of solar cold rooms 
  • To set up a "cold landlord" service or service for renting solar cold room spaces.
  • Set up an internal accounting system run by a professional.
  • Strengthen the sales force

 

EXPECTED IMPACTS

  • Consolidation and formalisation of 17 existing jobs, 6 of which are full-time and 12 new formal jobs for young people and women.
  • Contribution to the economy through the payment of taxes to the tax administration
  • Reduction of imports and/or the use of electric cold rooms with harmful consequences for the environment 
  • Strengthen the agricultural and food sectors by reducing post-harvest losses.

 

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: 2020

Nouvelle Vision Scolaire

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

Nouvelle Vision Scolaire (NVS) is a school created in 2013, located in the heart of the capital, Ouagadougou. With great success, the school quickly invested in a class for primary school and today has 4 classes and 3 classes for kindergarten with 255 pupils. This school has the particularity of introducing its pupils to English and computer science, agriculture and animal husbandry, music as well as swimming and karate.

THE ENTREPRENEUR

The New School Vision School is an initiative of Joel ZOMA, who has more than 17 years of experience in mass distribution, acquired in the management of Convergence Ramon Wende (CORAM), a distribution company with large surfaces in the big cities of Burkina Faso. He is also the initiator of the general trading company Grâce Business Services and of TGD Voyage, specialising in public transport.

CONTRIBUTION OF SINERGI BURKINA

NVS has been supported since 2019 by Sinergi Burkina as part of the Partnering to Accelerate Entrepreneurship (PACE) programme in partnership with the United States Agency for International Development (USAID).

The purpose of the partnership concerns : 

  • Increasing reception capacity
  • Financing of the closure
  • Setting up of the accounting system
  • Increase in the transport capacity of pupils by adding a second bus
  • Installation of an emergency generator in the event of a power outage

 


 

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 

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for young companies located in Niger, Burkina Faso and Senegal. The partnership will support high-potential start-ups and small and medium-sized enterprises to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still underdeveloped.

Click here to find out more

In portfolio since: 2019

Afrik Bovia

Sector of activity: Agro-food
Status: Financement d'amorçage
Entrepreneur: Mauhamed Lamine SY
Country: Burkina Faso
A propos:

Afrik Bovia is a cattle farm created in 2011 by Mauhamed Lamine SY specialized in the production of cow's milk, located in Bobo-Dioulasso, the economic capital of Burkina Faso.

THE ENTREPRENEUR

Holder of a high school diploma from the Islamic University of Medina, he has several experiences in food and dairy production. He worked as a representative in Riyadh of the French company SIBERT PATENT specialized in the production and installation of horticultural greenhouses but also as a fruit and vegetable import manager at SHADEL COMPANY in partnership with Flex Faso. In 2006, he launched into entrepreneurship by creating GULF AFRICAN GROUP, a company specialized in the export of mango and beef. 

 

CONTRIBUTIONS BY SINERGI BURKINA

Afrik Bovia is supported by SINERGI BURKINA as part of the I&P Acceleration program in the Sahel, with funding of 57,000 € (36,575,000 FCFA).

The main objective of this partnership is to :

  • To have adequate material and human resources for the establishment of a production unit of yogurt and pasteurized milk (semi-handcrafted dairy).
  • Set up the yogurt and pasteurized milk production unit to enable the company to enhance its production and create more added value
  • Penetrate and conquer the market for cow's milk dairy products (100%) in the project area and more generally in Burkina Faso
  • Set up an internal accounting system kept by a professional

EXPECTED IMPACTS

  • Formalization of 10 existing jobs and the creation of 9 new formal and decent jobs for women and young people
  • Contribution to the national economy through the payment of taxes to the tax authorities
  • Better structuring and organization of the company
  • 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: 2020

MonSalon

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Martial Hassan KOUDANA
Country: Burkina Faso
A propos:

Monsalon Pas Cher is a burkinabè company which evolves in the carpentry and interior decoration sector. Created in 2016, it produces and markets all types of living room furniture (sofa, armchair, table, etc.), kitchen and bedroom furniture, which it markets both in Burkina Faso and beyond the borders (Niger).

THE ENTREPRENEUR

Monsalon pas cher was created by Martial Hassan KOUDANA. Holder of a master's degree (Bac+4) in information and communication sciences and techniques from the University of Ouagadougou and a master's degree in strategic and operational management from 2iE, Mr. KOUDANA Martial KOUDANA has been employed in several major Burkinabe companies (Total Burkina, Edifice Mc Cann Burkina, Oxy Conseil) before starting. 

CONTRIBUTIONS OF SINERGI BURKINA

Monsalon Pas Cher is accompanied by SINERGI BURKINA as part of the I&P Acceleration program in Sahel with a financing up to 42000€ (27 500 000 FCFA).

The main objective of this partnership is to :

  • Strengthen the sales force and the visibility of the company 
  • Install a leather furniture production line
  • To set up a good accounting system kept by a professional
  • Boost the company's sales through the implementation of a new showroom. 
  • Supporting the company in management (setting up an adequate formal management system, including accounting, financial and tax management, production and human resources management).

IMPACTS OF FINANCING 

  • Consolidation of 22 existing jobs and creation of 13 new permanent full-time jobs
  • Contribution to the national economy through the payment of taxes and duties to the tax authorities and the reduction of furniture imports
  • Better structuring and organization of the company 
  • 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: 2020

PRINCE DESSUTI INTERNATIONAL

Sector of activity: Textile
Status: Financement d'amorçage
Entrepreneur: Marcel OUEDRAOGO
Country: Burkina Faso
A propos:

PRINCE DESSUTI INTERNATIONAL is a sole proprietorship operating in the textile and clothing sector. PRINCE DESSUTI is a clothing brand that has established itself on the national and international market and has won several distinctions by offering several types of garments sewn to measure and at the customer's request, or in ready-to-wear.

THE ENTREPRENEUR

Marcel OUEDRAOGO is passionate about styling, fashion and creation. After several years of apprenticeship in sewing workshops in Burkina Faso, he decided to launch his own brand PRINCE DESSUTI INTERNATIONAL in 2001 under the label Prince D.

Since 2016, Mr OUEDRAOGO has been the president of the Union des Professionnels du Textile et de l'Habillement du Centre (UPROTEX-HAC), a cluster which aims to promote African textiles in general and Faso Danfani in particular. This internationally renowned designer, like other designers and fashion creators, turned to couture out of necessity and discovered a passion that allows him to impose himself today and promote the culture of Burkina Faso. He participates in several training courses and exhibitions nationally and internationally.

CONTRIBUTIONS OF SINERGI BURKINA

The objectives of the partnership are to :

  • Contribution to the marketing and sales effort
  • Reinforcement of the production capacity
  • Organizational capacity building

IMPACTS

  • Consolidation of more than 40 full and part-time jobs
  • Improvement of employee income and contribution to the national economy
  • Valorization of local production

 

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

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. Click here to learn more

 

In portfolio since: 2020

Bioprotect

Sector of activity: Agriculture
Status: Investissement en capital
Entrepreneur: M. Arsène SAVADOGO
Country: Burkina Faso
A propos:

BIOPROTECT is a production and marketing unit for organic inputs (biopesticides and organic amendments) based on local natural resources (mushrooms, plants, agricultural and livestock residues).  To date, it markets eight products on the Burkinabe market:

  •  2 biostimulants/fungicides (to stimulate the natural defences of plants)
  • 4 organic insecticides
  • 1 food storage warehouse treatment product
  • Compost.

Beyond producing and marketing organic inputs, BIOPROTECT offers other services that complement the input activity which are :

  • The processing and/or marketing of raw products (tomato puree, green beans, sesame) from the exploitation of market gardeners and farmers accompanied by the company.
  • The provision of services (technical support, training, assistance, advice) to natural and legal persons active or wishing to engage in ecological/biological production

ENTREPRENEURS

Mr. Arsène SAVADOGO, is a graduate of a double master's degree in strategy of agri-food companies and in economic and financial engineering of projects and public policies. Mr. SAVADOGO has been managing BIOPROTECT since its creation in 2011. He is currently coordinating a multi-stakeholder consortium (composed of INERA, IRD, ARFA, BIOPHYTECH and BIOPROTECT) led by BIOPROTECT-B which is working on a research and development programme on quality improvement of organic soil improvers funded by the EU.  

CONTRIBUTIONS FROM SINERGI BURKINA

Bioprotect is supported by Sinergi Burkina through private equity.

EXPECTED IMPACTS

  • Consolidation of existing jobs and job creation
  • Development of sustainable agriculture
  • Valorization of local products

 

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: 2019

MAÏA

Sector of activity: Cosmétique
Status: Financement d'amorçage
Entrepreneur: M. Gérard NIYONDIKO & Franck LANGEVIN
Country: Burkina Faso
A propos:

MAÏA AFRICA SAS is a social company based in Ouagadougou in Burkina Faso developing solutions to protect African populations from malaria. The first product designed by the company, MAÏA® is a shea butter-based ointment that protects users from Anopheles mosquitoes more than 5 hours after application. After a successful prototyping and test phase, Maïa has just launched the first long-lasting anti-mosquito ointment for the Burkinabe population and more generally West Africa.

 

ENTREPRENEURS

Gérard Niyondiko is co-founder and managing director. He leads the research with technical partners. Gérard holds a Master's degree in water and sanitation from the 2iE engineering school (Burkina Faso) and a Master's degree in chemistry from the University of Bujumbura (Burundi). He previously worked as a chemistry teacher and technical director for an industrial company.

Franck Langevin is co-founder and president of the company. He is in charge of strategy, operations, marketing and partnerships. Franck has worked for 15 years in the field of marketing of innovative solutions and in international trade. He holds certificates in management from Stanford University (USA), Dublin University (Ireland) and NEOMA (France).

 

CONTRIBUTIONS BY SINERGI BURKINA

The objectives of partnerships include

  • Organizational capacity building
  • Financing of mass communication (posters and advertising spot)
  • Acquisition of raw materials from local producers

 

EXPECTED IMPACTS

  • Fight against malaria
  • Protection of more than 100,000 lives
  • Improvement of the incomes of shea butter producers and resellers

 

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

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. Click here to learn more

In portfolio since: 2020

SOFACOB

Sector of activity: Industry
Status: Financement d'amorçage
Associed fund: USAID PACE, Sinergi Burkina
Entrepreneur: Dr Céline KOBEANE
Country: Burkina Faso
A propos:

The Société de Fabrication du Coton Burkinabè (SOFACOB) is a company that transforms local cotton fibre into hydrophilic cotton for medical use. Created in 2016, SOFACOB begins to impose itself on a market that was once driven by imports. The company employs about twenty people, 75% of whom are women assigned to packaging tasks.

SOFACOB is accompanied by Sinergi Burkina since 2019 as part of the Partnering to Accelerate Entrepreneurship (PACE) program in partnership with the United States Agency for International Development (USAID).

THE ENTREPRENEUR

SOFACOB was created by Dr Céline KOBEANE, senior pharmacist of the Savannah Pharmacy, and graduate of the University of Ouagadougou. Thanks to her experience, she masters the supply circuit of medicines and medical consumables. After training in China, she aims to put all cotton-based medical consumables on the local medical market.

CONTRIBUTION OF SINERGI BURKINA

The purpose of the accompaniment can be summarized in 3 points:

  • testing new products intended for the mass distribution market
  • structure the company's accounting department
  • strengthen the company's working capital requirement

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). → Sinergi Burkina website.

ABOUT USAID PROGRAM

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. Click here to learn more. 

 

In portfolio since: 2016

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