the fund IPAE invests in 3 pan-African companiesSubmitted by Admin on Fri, 07/29/2016 - 18:55
The fund I&P Afrique Entrepreneurs (IPAE), which entered its last year of investment, welcomes three new companies in its portfolio. Operating in various sectors (agri-business, education and audiovisual), these SMEs share a common pan-African vision and development strategy.
Benefitting from its experience and strong presence in Sub-Saharan Africa, IPAE is a legitimate and strategic partner to support the multi-country development of these companies.
IPAE new investments are characterized by their pan-African ambitions and their will to have a strong social impact in Sub-Saharan Africa:
Enko Education, ffounded by Cyrille Nkontchou and managed by Eric Pignot, is developing a large network of private schools across the continent aimed at emerging African middle classes. Enko programs are already implemented in Johannesburg, Maputo and Yaoundé and will be accessible in three new schools this September in Abidjan and Yaoundé. IPAE invests together with PROPARCO, the private sector financing arm of the French Development Agency. Read more
Barajii produces and commercializes water and locally produced fruit juices packed in bio-degradable bags and PET bottles. While most of the production currently takes place in Burkina Faso, Barajii aims to develop its production and distribution activities in 8 to 10 countries over the next 5 years. Barajii is part of the group Durabilis, an international impact investing company specialized in the agro-industry sector. Read more
Africa Radio is an African and independent radio in the process of implementation. Led by an African team, the radio will develop a set of programs mixing news, music and sports. After being launched in Côte d’Ivoire, Africa Radio aims to expand in 20 countries in the medium-term. This new media will build on the experience of Dominique Guihot, current director of Africa N°1. Read more
The three companies will work with I&P to develop their activities in Francophone African countries in the Sahel region and in Central Africa. The fund I&P Afrique Entrepreneurs is firmly implemented in the region with fifteen companies in portfolio and four African offices (Abidjan, Dakar, Douala and Ouagadougou)
In the Press
• Jeune Afrique, "Les écoles privées africaines Enko lèvent 2,2 millions de dollars"
• Réussir Business, "Permettre à 3 entreprises de se développer en Afrique"
• Financial Afrik, "IPAE accueille trois nouvelles entreprises dans son portefeuille africain"
• Le magazine du manager, "IPAE accompagne 3 entreprises à se développer en Afrique"
• Fraternité Matin, "I&P investit dans trois entreprises à vocation panafricaine"