Sector of activity: Textile
Status: Financement d'amorçage
Entrepreneur: Fatoumata Namissa Théra SOW
Country: Mali
A propos:

IKALOOK, "your style" in Bambara, is a Malian company specialized in the confection of women's clothing and advocates ethical fashion.  It is the first Malian company to modernize the woven loincloth, a fabric obtained from the artisanal weaving of local cotton.


IKALOOK was created in 2016 by Fatoumata Namissa Théra SOW, a young woman strongly committed to eco-responsible fashion. With several years of experience in design, this fashion enthusiast since her early childhood started her clothing business in 2013. She designs original models that she makes from wax, bazin and dampé fabrics, a traditional fabric popular in Mauritania, where her mother comes from.


IKALOOK is supported by Zira Capital through I&P Acceleration program in Sahel.

The main objective of this partnership is to :

  • Increase the company's working capital by providing more raw materials and tools
  • Strengthen the team by hiring new staff and improving working conditions (formalization of employment, medical and social coverage)
  • Implementation of a communication and marketing strategy to boost sales
  • Technical assistance to formalize and structure the organization (e.g. implementation of internal procedures and internal accounting system)
  • Increase the supply capacity and quality of finished products
In portfolio since: 2022

Karit'Or by Soreya

Sector of activity: Cosmétique
Status: Financement d'amorçage
Entrepreneur: Adam Soreya Sylla
Country: Mali
A propos:

Karit'Or by Soreya is a Malian company created in 2020 and specialized in the production and marketing of cosmetic products made mainly from shea butter. This young company has one workshop and a warehouse located in Baco Djicoroni Golf, a district of Bamako.


The company was founded by Adam Soreya Sylla, a young Malian lady of 36 years old who is passionate about cosmetics. She is a lawyer by training and has succeeded in her conversion thanks to the training she received in Tunisia and Mali. Initially, she had started the production of cosmetic products in 2016 in an artisanal way.


Karit'Or by Soreya is supported by I&P through I&P Acceleration in Sahel. 

 The support will allow the company to : 

  • get a new warehouse
  • set up production equipments
  • buy raw materials and related supplies (vegetable oils, active cosmetics, packaging, labels)
In portfolio since: 2022

Fulbe et Khem

Sector of activity: Cosmétique
Status: Financement d'amorçage
Entrepreneur: Mamoudou Elimane HANNE
Country: Mali
A propos:

Fulbe et Khem is a laboratory created in 2015 specialized in the transformation of local medicinal plants into food supplements and cosmetic products and the marketing of the products through pharmacies, parapharmacies, mini-markets and organic store chains in Mali.


Fulbe et Khem was created by Mamoudou Elimane HANNE, a French-Malian former top-level sportsman (European Champion and French record holder in 4x400m) with a Bachelor's degree in Economics/Management and a BTS in Negotiation and Customer Relations. Convinced by the benefits of natural plants, he decided to move to his country of origin to launch his company. 


Fulbe & Khem benefits from the I&P Acceleration in Sahel program, whose objectives are to : 

  • Reinforce the company's supply capacity in raw materials and packaging
  • Consolidation and development of the clientele
  • Contribute to the formalization and structuring of F&K
  • Strengthen the team through new hires and build employee loyalty through improved living conditions (more protection at work and implementation of a medical and social coverage policy)
  • Implementation of an internal accounting system
  • Implementation of a communication and marketing strategy



Consolidation and formalization of 7 existing jobs, creation of 5 new formal jobs
Contribution to the economy through the payment of taxes to the tax authorities
Reduction in the importation of dietary supplements

In portfolio since: 2020


Sector of activity: Logistics
Status: Investissement en capital
Entrepreneur: Hawa TRAORE, Abdoulaye MAIGA
Country: Mali
A propos:


Teliman is the very first on-demand motorcycle-taxi service in Bamako, Mali. Teliman is co-directed by Hawa Traoré and Abdoulaye Maiga, two young and talented professionals from the Malian diaspora. The company's vision is to revolutionize intra-urban transport in West Africa.

Teliman offers city dwellers a faster, cheaper, safer and door-to-door mode of transport. It provides drivers with attractive working conditions (access to motorcycle ownership via leasing, income above the minimum wage, social security).

Teliman has succeeded in creating and introducing a Motorcycle Taxi offer that was previously non-existent in Bamako.


Partnership with I&P 

The consortium of investors include Yamaha, Mercy Corps and I&P through the program I&P Acceleration Technologies. This financing will mainly allow the acquisition of new motorcycles and the investment in IT and marketing.

 The expansion plan should cover 15 countries with a fleet of more than 20,000 motorcycles.


Expected Impacts

⇒ Improving the drivers' living standards: job creation, remuneration above the minimum wage, social insurance, financial education, etc.

⇒ Improving mobility in large cities: time savings, cost savings, better accessibility

⇒ Tax revenues for cities


About &P Accélération Technologies

Launched in 2019 with the support of the French Development Agency through its iniative Digital Africa, I&P Acceleration Technologies is a €2.5 million program that aims to finance and support some fifteen digital startups in Sub-Saharan Africa, with a focus on Western Africa, Central Africa and Madagascar. Cick here to read more →



In portfolio since: 2020

Société Malienne de Blanchisserie

Sector of activity: Service
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Boureïma Lam
Employees: 18
Country: Mali
A propos:

Société Malienne de Blanchisserie is a Malian company providing a complete laundry service to hotels in Bamako.

The company takes in charge the collect, cleaning and delivery of the hotels’ linen (ben linen, aprons, sponges, table linen, bath towels…). The company counts the biggest hotels in Bamako among its clients, including Azalaï, Radisson and El Farouk.

To this date, the company is the only professional laundry service provider in Mali.



Boureïma Lam is a Malian entrepreneur. He launched the laundry Société Malienne de Blanchisserie in 2007, a few years after the launch of one of the first dry-cleaners of Bamako (Pressing Lam). This previous experience made him realize the lack of professional offer for the hotel industry.

In parallel Boureïma founded a training center dedicated to the laundry sector’s activities, as there is very little skilled labor in this sector.                 



I&P committed alongside with Société Malienne de Blanchisserie to:

• Increase the capacity of laundry treatments (from 1,5 ton todays to 5 tons of laundry per day)

• Launch a new line of services for hospitals and health centers

• Implement good governance practices

• Support the company in managing the generational transmission (from the founder to his children), so as to perpetuate the structure



• Formalization and structuration of the activity, with the creation of formal and permanent jobs

• Building of a new site with the best norms



In portfolio since: 2017

Carrières et Chaux du Mali

Sector of activity: Industry
Status: Investissement en capital
Associed fund: IPAE 1
Entrepreneur: Madani Diallo
Employees: 90
Country: Mali
A propos:


Carrières et Chaux du Mali (CCM) is a Malian company specialized in the production and commercialization of quicklime and agricultural lime.

The company has access a high quality landform deposit of more than 70 million tons of raw material in its various forms. This supply will serve gold mining, agriculture, sanitation, and construction industries.

The quarry and the factory are based in Karaga (340 km west of Bamako in the region of Kayes). The company significantly participates to the economic growth of this area: more than 70% of the employees of the production site come from Karaga area.

The products will be offered in Mali and in the sub-region (Côte d’Ivoire, Guinea, Burkina Faso, Senegal, and Ghana).


Carrières et Chaux du Mali initially beneffitted from the support of Crossboundary, as part of a partnership set with the US Agency USAID. Crossboundary aims to unlock the power of private capital to impact underserved markets. The firm has broad experience providing opportunity sourcing, due diligence, transaction advisory and investment expertise in sub-Saharan Africa. Crossboundary has provided investment support and contributed to the structuration of CCM. To read more on the partnership with USAID, click here →



Madani Diallo, founder and director of CCM, stands as one the pioneer actors of the gold industry in West Africa. Trained as geochemist and mineralogist, Madani has more than years of experience in the mining sector. He held executive functions in major mining companies such as BHP Billiton and Anglogold Ashanti. He led mining exploration team, leading to the discovery of several gold mines.

Madani is a member of the board of directors of several institutions (Trust Bank in Ghana, International Bank of Burkina Faso)



I&P committed alongside with Carrières et Chaux du Mali to:

• Support the structuration of the company

• Support CCM in obtaining ISO standards 18001 and 14001



• Substitution to imports

• Develop a structuring industry in the country and the sub-region

• Create more than 80 formal jobs


In portfolio since: 2016


Sector of activity: Health
Status: Sortie
Associed fund: IPDEV1
Entrepreneur: Malick SY
Employees: 10
Country: Mali
A propos:

CAMED is the third largest pharmaceutical distributor in Mali and the leader on the generics market. Created in 1995 and initially Specialized in generic drugs, CAMED was subsequently transformed into a universal distributor, and offers a diverse range of pharmaceutical products. Since the lifting of pharmaceutical monopoly of the Pharmacie Populaire du Mali, this wholesale has become a major player in the availability and distribution of drugs, including specialty drugs and consumables.



After 8 years of coaching, I&P sold its shares in 2011 to local pharmacists and the main pharmaceutical wholesaler provider of CAMED. The fund leaves behind a formal company, with well-structured quality management, and a turnover tripled. CAMED is now # 3 on the market challenger of two multinationals with a reported return on investment of over 20%.



Malick Sy is a doctor graduated from the University of Bamako in pharmacy. His desire to undertake led him at the end of his studies to refuse job offers. He started an import and distribution of pharmaceutical products, starting with a motorcycle and funds borrowed from relatives. His business sense, its strategic direction and ability to surround himself with good managers and teams have enabled him to win in CAMED’s outstanding success. He is determined to prove that it is possible for local players to shine in a competitive environment of the pharmaceutical market.



I&P is committed alongside with CAMED:

• By helping to structure and strengthen management and business accounting

• By investing in storage spaces and rolling stock

• By organizing the marketing approach and enlargement of the product portfolio

• By helping to raise bank loans to finance the stock of medicines



• Creating a dozen jobs

• Development of a range of quality generic products at affordable prices


In portfolio since: 2003 (exit in 2011)


Sector of activity: Education & Training
Status: Investissement en capital
Associed fund: IPDEV1
Entrepreneur: Daouda Coulibaly
Employees: 15
Country: Mali
A propos:

TRAINIS, founded in 2008 by Daouda Coulibaly, offers general high-level training in management. These courses are concentrated on one to three weeks and led by a panel of African or European training experts. TRAINIS responds to a strong need for training among African executives who want to get in line with international standards. In a context of openness to globalization, these managers are looking to accelerate their careers hitherto hampered by basic training deemed insufficient.



Daouda Coulibaly went to school in Mali before getting a scholarship to study in France. Parallel to his university studies in geography, he was self-taught in IT and created one of the most visited African websites. On his return to Mali, he created a company in the field of computing. This resale business equipment led him to measure a high demand for high-level computer courses. He decided to gap the demand with computing trainings. He then diversified into provision of international management seminars with higher added value. He mobilized high quality trainers around general management training on topics such as project management, HR, and strategic management.



I&P is committed alongside TRAINIS:

• Identifying influencers and prospects of different "product lines" of trainings

• Participating in the strategic development plan over 3 years

• Providing support to the design and formalization of the communication policy of the company



• Creation of a sub-regional player in professional training aimed at African executives

• 15 jobs maintained in 2015, including 30% of women

• 15 local suppliers


In portfolio since: 2010

Carotech Mali

Sector of activity: Construction
Status: Sortie
Associed fund: IPDEV1
Entrepreneur: Malick SY et Aïcha SY
Employees: 21
Country: Mali
A propos:

CAROTECH Mali produces cement-based cover and pavement tiles in Bamako. The process, unique in Mali, does not use any oven, which is a great asset in a country where power is very expensive. CAROTECH Mali project is supported by a particularly buoyant market, driven by the very significant and rapid urban growth in the major cities of the country, especially in Bamako.



Malick Sy, is a doctor of pharmacy and created CAMED, a leading pharmaceutical distributor of which I&P has long been a shareholder. He partnered with I&P to create CAROTECH Mali, adopting the technology used by a Nigerian company.

The company is headed since its inception by Aisha Sy, Malick’s wife. Aisha has a degree in management science and previously worked in the microfinance sector. Her rigorous management, her acute business sense and her natural authority allowed her to lead a successful development of the company.



Beyond financial investment, I&P is committed alongside CAROTECH Mali:

• Bringing technology franchised by International Carotech

• By strengthening its structures through several technical assistance missions

• By providing the company with a strong management information system (GIS)



• 21 direct jobs were created between 2007 and 2011.

• Contribution to the development of local industry as a substitute for imported products

• Energy efficient technology


In portfolio since: 2005 (exit in 2013)