La cuisine de Nounou

Sector of activity: Agro-food
Status: Financement d'amorçage
Entrepreneur: Manuela Njankouo
Country: Cameroon
A propos:

La cuisine de Nounou is a Cameroonian company specialized in food industry by producing cooking preparations such as spices, barbecue sauces, etc. Today, thanks to its know-how and the quality of its products, the company has included a variety of 100% natural products allowing it to position itself at several levels of the meal preparation chain with products such as chilli sauce, ketchup, mustard, etc.

The entrepreneur

La cuisine de Nounou was created in late 2018 by Manuela Njankouo with the objective for the "working mum" to save time in preparing different dishes to cook for her family.

Manuela Njankouo holds a degree in software engineering from the African Institute of Informatics (IAI) obtained in 2010. She worked for 2 years as a support executive in the information systems division at Crédit Foncier du Cameroun, before starting her own business. With the aim of perfecting her skills and improving the various products her brand, Manuela took a training course in entrepreneurship at the KEDGE Business School in Bordeaux in 2019 but also a training course in the production of vegetable preserves, cooking sauces and pasta at the Conserverie Alain Martin in Bordeaux, the leader in organic preserves in Aquitaine, France.

As her business develops and thanks to the dynamism of this young woman entrepreneur, who will be awarded the second prize in 2021 by the Pierre Castel Foundation in Cameroon, the company will gain visibility and expand its customer portfolio, which is mainly made up of large and medium-sized stores, in order to reach its main target, which until now has been middle-income households.

Partnership with I&P

La cuisine de Nounou is supported by I&P through I&P Acceleration in Sahel. The funding will allow the company to develop a new market segment, especially in local stores and popular markets (mass market) through the production of mini fomats of its flagship products, which are spices and barbecue sauces. This funding will be supported by technical assistance to improve the company's structuring, its quality processes and its marketing and sales actions.

In portfolio since: 2022

E'Santé

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Philippe OHANDJA AYINA
Country: Cameroon
A propos:

E'Santé is a startup based in Cameroon specialized in home medicine, telemedicine and family medicine services accessible through its online platform. 

The entrepreneur

E'Santé was founded by Dr Philippe OHANDJA AYINA, an entrepreneur with a passion for medicine and connected technology. 

Graduated with a doctorate in medicine from the Faculty of Medicine and Pharmaceutical Sciences of the University of Douala and a university diploma in Connected Health from the Faculty of Medicine of the University of Paris Descartes, he started his professional career as a general practitioner at the Ad Lucem medical foundation in Douala where he practiced for 3 years before joining the Louis-Pasteur clinic in the same city. His passion for health and technology led him to follow a specialized training in telemedicine in France. After this training, he spent 8 months as a general practitioner in the emergency department of the Groupe hospitalier public du sud de l'Oise. It was during this experience that he discovered telemedicine and, motivated by his entrepreneurial spirit and desire, decided to launch E-santé.

Partnership with I&P

E'Santé is supported by I&P through I&P Acceleration in Sahel. This partnership aims at supporting the company in the purchase of laboratory equipments.

 

In portfolio since: 2022

Yellow

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Angela NGO NDOUGA
Country: Cameroon
A propos:

Yellow is the first independent solution for mobilizing their trade receivables in Cameroon.

This young company responds to the difficulties encountered by SMEs in mobilizing short-term resources due to long payment delays.

Yellow relies on transparency, speed in setting up funds, and flexibility to provide SMEs with a response adapted to their needs. To meet this challenge, Yellow has a team of young, solution-oriented, positive, and committed professionals who develop a cooperative model.

The company hopes to relieve many SMEs, have a stong impact on the economy's financing, and become the reference player in alternative finance for SMEs by mobilizing their trade receivables. 
 

THE ENTREPRENEUR

Yellow was founded by Angela NGO NDOUGA, who has 13 years of experience in specialized financing and business management. After starting her professional career in 2011 in France as an account manager in the International Department of Compagnie Générale d'Affacturage (CGA), a subsidiary of the Société Générale Group, she worked for COFACE West Africa service in Douala. She also actively participated in the deployment of factoring projects in Gabon (BGFI), Senegal, and Côte d'Ivoire (Société Générale).

This young entrepreneur co-founded the company Lusis and Co, where she developed the factoring department for five years. She led the negotiation and implementation process of a 2 million euro credit line by the African Import-Export Bank (AFREXIMBANK), thanks to which she assisted 102 Cameroonian SMEs in the mobilization of 8 million euros of trade receivables. After this experience she decided to launch Yellow, which she now manages full time.

 

PARTNERSHIP WITH I&P

Yellow is supported by I&P through the I&P Acceleration in Sahel program, financed by the European Union. The partnership aims to support the company in the platform's development for the digitalization of services, the fitting out of premises, and computer equipment and human resources acquisition.

 

Useful links:

More info on I&P Acceleration in Sahel

 

In portfolio since: 2022

Le Comptoir fermier

Sector of activity: Agro-food
Status: Financement d'amorçage
Entrepreneur: Eugène Badjang et Samuel Bito
Country: Cameroon
A propos:

Le Comptoir fermier is a company that transforms and distributes processed and unprocessed meat in Cameroon (Yaoundé and Douala), but also in Gabon (Libreville). This young company is characterized by its respect of product quality criteria and customer service.

THE ENTREPRENEUR

Le Comptoir fermier was founded in 2018 by Eugene Badjang and Samuel Bito. The founders are both Cameroonian and have local and international professional experience.

PARTNERSHIP WITH I&P

Le Comptoir fermier is supported by I&P through I&P Acceleration in Sahel. The main objective of this project is to increase the company's production capacity, contribute to the improvement of its supply chain and implement a communication strategy.

In portfolio since: 2021

Lakelle

Sector of activity: Textile
Status: Financement d'amorçage
Entrepreneur: Sharon Welang et Viola Welang
Country: Cameroon
A propos:

Lakelle is a Cameroonian company that makes clothing to international standards. The company was born from the desire of its promoters to create a brand of ready-to-wear clothing at affordable prices, adapted to the cultural specificities of the African context with a strong modern accent. Today, the company employs a large majority of women, many of them refugees from the Anglophone zone.

THE ENTREPRENEURS

The company is managed by Sharon and Viola Welang, two sisters who have enjoyed training and work experience in United States. Sharon Welang, CEO of Lakelle, has also worked in Africa, notably at MTN Cameroon where she contributed to the deployment of mobile money and at MSF Africa, one of the most successful African fintechs. Viola Welang has spent most of her professional career in United States and has been running the management consulting firm Business Essentials for the past 9 years.

PARTNERSHIP WITH I&P

Lakelle is supported by Sinergi and I&P through I&P Acceleration in Sahel. The main objective of this project is to increase the company's production capacity, contribute to the improvement of its supply chain and implement a communication strategy.

In portfolio since: 2021

CassVita

Sector of activity: Agro-food
Status: Financement d'amorçage
Entrepreneur: Nembu Milton et Pelkins Ajanoh
Country: Cameroon
A propos:

Based in Limbé, in the west of Cameroon, CassVita is a young company specialized in the production and transformation of cassava. The company produces Watafufu powder, a dish consumed in most regions of Cameroon and Nigeria, and is developing cassava and modified starch-based pastry flour.

THE ENTREPRENEUR

The company is led by two entrepreneurs, Nembu Milton and Pelkins Ajanoh.

Born and raised in Limbe where he did his primary and secondary studies, Nembu Milton went to the Ecole Nationale Supérieur des Travaux Publics from where he graduated as a Public Works Engineer. Before the CassVita adventure, Nembu Miltona previously had a business experience marked by the launch of a restaurant called Mr. Restaurant Chaba.

A graduate of the Massachusetts Institute of Technology (MIT) and Havard Business School in the United States, Pelkins Ajanoh has received several recognitions for innovation and leadership including the 2015 Guistwhite Scholarship, an academic and leadership award given to only fifteen students in the United State.

PARTNERSHIP WITH I&P

CassVita is supported by I&P through I&P Acceleration in Sahel, funded by the European Union. The funding and support aims to help the company increase its production capacity, improve its supply chain and implement a new marketing strategy.

In portfolio since: 2021

Ecofood

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Stéphane NKONTCHOU
Country: Cameroon
A propos:

Ecofood is a Cameroonian company that operates in mass catering and started its activities with school catering and life base services. Today, it feeds more than 1500 students a day in the most prestigious primary and secondary schools in Yaoundé.

THE ENTREPRENEUR

Stéphane NKONTCHOU is the founder of Ecofood. He grew up in Cameroon and then continued his studies in France, with two master's degrees in Mechanics from the Pierre et Marie Curie University and Arts et Métiers. After ten years of experience in industrial project management, he decided to come back to Cameroon to take care of a family business of which he became the General Manager. After this experience, he decided to found Ecofood.

THE PURPOSE OF THE FUNDING

Ecofood is supported by I&P through I&P Acceleration in Sahel, funded by the European Union.

The objectives of the funding are : 

  • to acquire 3 vehicles for the distribution of meals in schools
  • the fitting out of the new premises
  • the implementation of an information system
  • the preparation and execution of the marketing and communication strategy
In portfolio since: 2021

Fisco

Sector of activity: Service
Status: Financement d'amorçage
Entrepreneur: Joël Sikam
Country: Cameroon
A propos:

Fisco is a Cameroonian company that markets household products (detergents, bleach, etc.) and para-pharmaceutical products (hydro-alcoholic gels, alcohol, etc.). The company has an artisanal production unit in Bonabéri, in Douala and has activities that now extend to 3 regions of the country (Littoral, Centre, North).

THE ENTREPRENEUR

Fisco was created by Joel Sikam, a Cameroonian with a degree in finance (Bachelor's degree from the University of North Texas). After starting his career in the United States in equity and wealth management with family offices, he returned and founded his own company. Joël Sikam is also very active in the GICAM which is the employers' association of Cameroon.

PURPOSE OF THE FUNDING

Fisco is supported by I&P through I&P Acceleration in Sahel. The funding granted will upgrade in safety and quality  by financing the facilities and the acquisition of the necessary equipment. The program will also allow the company to finance the acquisition of a new vehicle for distribution and to support the company in the execution of its communication strategy. 

In portfolio since: 2021

Pigier Cameroun

Sector of activity: Education & Training
Status: Investissement en capital
Associed fund: IPAE 2
Entrepreneur: Dr Henri TAFOU
Country: Cameroon
A propos:

 

Pigier Cameroun is a private business school for higher education, launched in 2011 by the Cameroonian Dr Henri Tafou. With the mission to “Train for employment”, Pigier Cameroun stand out as a leading player in vocational training in Cameroon. The school provides pragmatic solutions to match the needs of companies in terms of competent human resources.

Pigier Cameroun offers trainings of international quality in Human Sciences and Management, at Bachelor and Master levels. The training programs include: Banking and Corporate Finance, Finance, Audit and Management Control, Communication, Marketing & Digital, Transport, Logistics and Customs, Business Management, Taxation and Business Law, Human Resources Management.

 

Context

In sub-Saharan Africa, the unemployment rate is around 7.3%, and mainly affects young people. This is largely due to the existing gap between training courses and the real needs of companies on the ground. More specifically, businesses complain about the lack of professionalization provided by existing institutions.

 

The entrepreneur

Pigier Cameroun was created in 2011 by Dr Henri TAFOU, an education entrepreneur, who has held several positions as Regional Sales Director, Marketing Director, Commercial Advisor and General Manager in several companies in Cameroon.

For more than 25 years, he has gained expertise in the education sector, with multinational experiences: He worked within the Pigier Group in Côte d'Ivoire as Sales Director in charge of continuing education. After that, he joined the head office of the PIGIER brand in France as Director of Franchise Development; and went back to Africa by becoming the first African to benefit from a PIGIER franchise in Africa, through the takeover of the Cotonou franchise in Benin. During his management in Benin, he succeeded in having the franchise certified to the ISO 9001 standard, making Pigier Bénin the very first business school in Sub-Saharan Africa to obtain this certification.

In 2011, he sold the Benin franchise and returned to Cameroon to launch Pigier Cameroon, the very first PIGIER franchise in Central Africa.

 

Partnership with I&P

I&P partners with Pigier Cameroun through its fund I&P Afrique Entrepreneurs 2 (IPAE 2). I&P provides patient financing, technical assistance, and strategic/operational support to strengthen the structuring of the company.

 

The partnership notably addresses the following issues:

— Consolidating the company’s achievements and ensuring the continuous improvement of its academic training programs

— Strengthening its positioning in the market in order to serve a greater number of learners and business professionals

— Strengthening the company’s governance, as well as its operational performance

 

Expected Impacts

Social impacts:

• Increasing the number of learners and graduates trained by Pigier Cameroon

• Improving the employability rate of graduates of Pigier Cameroon,

• Improving the capacities and skills of business professionals

• Creating jobs and securing created and/or existing jobs

—Governance impacts:

• Strengthening the company’s governance

• Improving the company's strategy

 

In portfolio since: 2021
en-savoir-plus

ITG Store

Sector of activity: Service
Status: Sortie
Associed fund: IPAE 1
Entrepreneur: Jean Gabriel Fopa & Eric Heslot
Employees: 82
Country: Cameroon
A propos:

 

ITG Store is an IT services company offering service and infrastructure integration. The company creates a strong local added value through management information systems, data storage and other services. Relying on a local team of expert engineers, ITG has earned the trust of major clients operating in the region.

 

Though the African SI market is booming, it still remains overwhelmed by foreign companies. ITG Store has easily overcome this strong competition thanks to same-level quality services at lowest prices. The company creates a strong local added value through SI management, data storage and other services. Its CEOs, computer engineers Gabriel Fopa and Eric Heslot relies on a young team they have trained within the company.

ITG is now the exclusive African computing partner of Bolloré, one of the most powerful financial and industrial French conglomerates.

 

THE ENTREPRENEURS

Gabriel Fopa and Eric Heslot were both computing engineers at the SSI company SILICOMP. In 2006, they decided to create their own SSII in Douala. The entrepreneurs financed all the equipment and software with their own capital. Then, they trained a team of engineers and technicians recruited locally. Since 2007, the company won a great number of bids and tenders, constituting a thick portfolio of big firms.

 

PARTNERSHIP WITH I&P

I&P is committed alongside ITG Store to:

• To accompany the strong growth of its activities, particularly with regard to internal infrastructures and working environment

• To bring financings addressed to the creation of a test and training center to fill the structural lack of qualified local human resources in this sector. 

• Construction of green building for the new headquarters and data center

• Ensure basic healthcare cover for employees

 

KEY IMPACTS

• Number of created jobs: 73, including 11 women and a large majority of high-skilled employees

• Development and promotion of local skills in the computing field

• Recruitment policy toward young degreed and continuous training of employees.

• Company governance structuration

 

In portfolio since: 2013
en-savoir-plus

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