English
Date: 05/01/2021
Theme: Vie d'I&P

 

Officially launched in July 2020 with the support of the European Union, I&P Acceleration in Sahel program has funded in 6 months 28 growing small businesses in the Sahel sub-region.

 

To boost the development of start-ups in the Sahel sub-region, the European Union is a partner of I&P Acceleration in Sahel, a support program that offers technical and financial assistance to small businesses and start-ups based in Sahel that are too young to benefit from traditional financing (bank loan, capital investment, etc.). To learn more about the program

 

 

This innovative program is an initiative of I&P, an impact fund specialized in financing and supporting small and medium-sized African companies. I&P has a double purpose: contribute to dynamic and inclusive growth in Africa and maximize the societal impact of its partner companies. Since its creation in 2002, I&P has invested in more than 150 companies in 15 countries in sub-Saharan Africa. To find out more, click here.

Launched less than one year ago, I&P Acceleration in Sahel concludes 2020 with a positive result:  28 SMEs and start-ups (nearly 40% of which are run by women) based in Niger, Burkina Faso, Mali, Côte d'Ivoire, Ghana and Senegal and operating in various business sectors (agribusiness, cosmetics, education, vocational training, health, services, textiles…) have benefited from seed financing up to €60,000 and technical assistance to accelerate their chances of business success.

 

Click here to discover the profile of the beneficiary companies.

 

 

Among these companies, 13 have benefited from an exceptional financial support to adapt their business model and maintain their activities in response to the covid-19 pandemic and the economic impacts generated by the crisis.