Sector of activity: Education & Training
Status: Investissement en capital
Entrepreneur: Ngouda Fall Kane
Country: Senegal
A propos:

The creation of ASAFIN-IFPT Group stems from the desire of its founding members to support  vocational training   territorialization, while at the same time exporting the know-how of the ASAFIN model for the benefit of all young Senegalese.​​

This center has a strong social vocation and welcomes each year about 1000 young people from all over Senegal with 5 centers, in Dakar the capital, Keur Massar- Rufisque ( a  capital’s suburb), and in 3 regions : Kaolack, Mbour and Maleme Hodar


ASAFIN was founded in Dakar in 1981 by Mr Alioune Badara Kane, who has several years of proven experience in vocational and technical training.​
In 2020, the center was restructured by a group and is now led by Mr. Ngouda Fall Kane, the founder's son. ​
Mr. Kane, has a degree in economics and a BTS in management accounting. He held several positions within the group before becoming the Manager and Director of the ASAFIN-IFPT Group Center in 2020


The ASAFIN Group is supported by I&P as part of the Mastercard Foundation's Covid-19 Recovery and Resilience Program (CRRP).


  •   Safeguarding: Rehabilitation of buildings, fire safety, installation of infirmary and individual safety equipment for learners​

  • Digitization: Installation of a computer room​

  •  Employability: TA to improve career services, strengthen soft skills and a seed fund for self-entrepreneurship

In portfolio since: November 2023


Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Ndèye Sokhna DIENG
Country: Senegal
A propos:

IASS MDB is a private vocational training school specializing in the field of health, which awards state diplomas enabling students to work in both private and public facilities. Its aim is to fill the gap in the number of health professionals in Senegal.

 In 2023, the school has more than 500 students on its 3 campuses (Dakar, Louga, Touba)

The Entrepeneur 

NdèyeSokhna DIENG, the eldest daughter of the founder has taken over the management of the school as the CEO.

Graduated in Business Administration, she has made her entire professional career within the school by occupying successively from 2001 to 2021 the position of secretary, cashier, accounting assistant, accountant, administrative and financial direct

Partnership with WITH I&P

IASS MDB is supported by I&P through the Mastercard Foundation Covid-19 Recovery and Resilience Program (CRRP).

Expected impacts

  • Improve the quality of education with the rehabilitation of the Dakar annex campus, the installation of Dakar’s library, and the upgrading of practical room equipment 
  • Upgrade the digitalization through the Installation of an ERP platform at Louga and Touba campus and the upgrading of connectivity in Louga and Touba Campus
  • Provide technical Assistance for upgrading  carrier service
  • Install Infirmary at Louga and Touba / upgrade of Dakar campus infirmary, and improve student health and safety 
  • Provide Scholarship program for 15 young Mame Diarra students at the Touba Campus
In portfolio since: 2023

WIN Industries

Sector of activity: Distribution
Status: Investissement en capital
Associed fund: I&P Expansion, IPAE 2
Entrepreneur: Khady Cissé Diop
Country: Senegal
A propos:

WIN Industries is a Senegalese company founded in 2012, specializing in the production and marketing of mineral water in several bottle formats through the "O' Royal" brand. From the outset, WIN's mission has been to provide access to spring water for all. One of the company's innovations was the launch of a 30cl format, at the symbolic price of 100 FCFA (€0.15), at a time when bottled water was still reserved for the more affluent. 

Today, Win has expanded its offer to include more eco-friendly formats, including a reusable 19L bottle.

WIN Industries is planning a partial migration to medium and large bottle sizes to minimize the plastic/liter of water ratio while still offering affordable prices, and will implement a plastic bottle recycling scheme in neighborhoods.


The entrepreneur

The project is led by a dynamic and experienced entrepreneur, Khady Cissé DIOP.  

Khady Cissé Diop has 15 years' experience in the telecoms sector, notably with Ericsson and TIGO (operator now Free) as account manager and then sales and distribution director. She co-founded Baraka in 2013, the 1st distributor of telecom products for TIGO in Senegal, which she managed for 3 years. She became CEO of Win Industries in 2016. Khady has strong commercial skills and is well versed in distribution thanks to her experience at Baraka. 


Partnership with I&P

I&P, through the I&P Afrique Entrepreneurs 2 (IPAE 2) fund, has chosen to invest in WIN INDUSTRIES in order to support the company's consolidation and growth ambitions, while lending a helping hand on operational, governance and expansion issues. As an impact fund, IPAE 2 is also committed to supporting the growth of an eco-responsible industrial company that is equally aware of the economic, social and environmental issues involved.

"In this new stage of its development, we needed a partner with definite added value. I&P's solid reputation, experience and expertise in similar sectors in Africa were the reasons for choosing Win Industries. With I&P, and thanks to better governance of the Company, Win Industries hopes to ensure the long-term future of its brand and conquer the national and sub-regional market." Khady Cissé DIOP 


Expected impact

  • Improving access to drinking water (SDG 6) 
  • Support for women's entrepreneurship 
  • Job creation 
  • Improving CSR practicesa
In portfolio since: 2023


Sector of activity: Agro-food
Status: Investissement en capital
Associed fund: Teranga Capital
Entrepreneur: Marie-Andrée Tall
Country: Senegal
A propos:

Based in Senegal, Fruitales is an SME specialized in the transformation and commercialization of fruit and vegetables, mainly fresh chillies.

The entrepreneur

Fruitales was founded by Ms. TALL, a Senegalese entrepreneur. She holds an MBA and has 21 years' experience in entrepreneurship, following a 14-year career in teaching Philosophy and Modern Literature. She is also deeply involved in the agri-processing industry ecosystem, where she is or has been a member of several organizations such as AAFEX, FARM, AWEP and the Enablis network.

Partnership with I&P

Fruitales is supported by Teranga Capital through a capital investment. This financing will enable the company to increase its production capacity. Fruitales will also benefit from technical support ranging from strategic thinking to improving organizational efficiency.

In portfolio since: 2022


Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Dame GUEYE
Country: Senegal
A propos:

Founded in 2015, Perform ISMA (Institut Supérieur des Métiers de l'Automobile et de l’Aviation) is one of the few private schools in Senegal specialized in automotive training. 
The institute includes a business school specializing in automotive trades, as well as a technical and vocational training center to capture all the potential demand from young people with CAP, BEP, BT and BTS diplomas in automotive and petroleum trades.
This pioneering school in the automotive sector is designed to fill the training gap in this sector, which is in great demand by companies. It is also aligned with government's goal to strengthen support for public and private technical and vocational training.
Perform’s missions are to:

Offer high-quality technical and vocational training for students and professionals in line with the real needs of the automotive and aviation sectors;

Contribute to the development of the human capital of companies and administrations operating in the automotive and aviation sectors;

Participate in research and innovation for the development of the automotive and aviation sectors.

The school is recognized for its compliance with education sector regulations, the specialization of its training offer, the quality of its training, and its relations with professional players both nationally and internationally. Perform operates in a fast-growing market with high demand for technical training, especially in specialized fields.
They offer accessible tuition fees with scholarships granted to the most vulnerable to reintegrate all these young people who have dropped out of school, generally from disadvantaged families. This opportunity is offered with a high standard of training quality, based on a practice rate of around 70%, and a major objective: to mobilize all the school's energies for the professional integration of students and graduates.
To achieve this, students need to be close to the training offered, with an appropriate learning environment using modern tools.



Dame GUEYE holds a Bachelor's degree in Business Administration from the Institut Supérieur de Management ISM Dakar, followed by a rich career in the tobacco (Philip Morris and British American Tobbaco) and the automotive (Volkswagen Senegal, CFAO, Mercedes and CCBM) industries, he founded Perform. Through Perform, he wants to bring innovation to technical education and vocational training in Africa, in a spirit of creativity and prospective.



Through its I&P Education to Employment program, I&P is committed to working with Perform to:

Purchase technical equipment for practical works

Improving hybrid mechanics learning

Update IT equipment

Grant scholarships to 15 young women for courses in the technical fields

Implement a student's safeguarding policy and improve safeguarding services (infirmary, security, washrooms, etc)



Boost the employability of young people

Improve the quality of training provision through the acquisition of new equipment and introduction of new subjects

Centre International de Formation Pratique (CIFOP)

Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Ibrahima GUEYE
Country: Senegal
A propos:

The Centre International de Formation Pratique (CIFOP) is the largest community development project of a lay Scout association called "Eclaireuses et Eclaireurs du Sénégal" (EEDS). Launched in 1988 in partnership with the Association des Guides et Scouts du Luxembourg, CIFOP is located in Mboro (Niayes region, about 100 km north of Dakar).
A community development project of a lay scout association called "Eclaireuses et Eclaireurs du Sénégal" (EEDS). Founded in 1988 in partnership with the Association des Guides et Scouts du Luxembourg, CIFOP is located in Mboro (Niayes region, about 100 km north of Dakar).

The ambition of CIFOP is to train qualified technicians and workers, fully operational at the end of the training. This is why CIFOP provides practical training in connection with the most sought after skills on the local job market.
CIFOP currently has ten training sections: agroecology, construction, locksmithing, car mechanics, woodworking, ceramic pottery, hairdressing, sewing and pattern making, multimedia and sanitary plumbing. 
The majority of the students enrolled come from low-income families so the CIFOP places great emphasis on social inclusion to facilitate the educational path of young people.



The center is run by Ibrahima GUEYE, a lawyer by profession.



Through its I&P Education to Employment program, I&P is committed to working with the CIFOP to:

 Improve the quality of education through the digitalization of the educational offer and the acquisition of suitable computer equipment,

 To provide students with an e-learning platform

 Promote entrepreneurship with the launch of a fund to finance graduate projects ;

 Renovate the accommodation and sanitary structures



⇒ Improved educational quality and relevance

⇒ Increased youth employability

In portfolio since: 2022

Les Marmitons

Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Sidy Dieme
Country: Senegal
A propos:

Les Marmitons is a technical institute for training in the gastronomy, hotel and tourism professions located in Dakar, Senegal. The institute, created in 2006, offers training in BEP, CAP, DEP, DQP and DTS1.  It has 2 campuses, a main building located in Castors and an annex located in Dieupeul.

This training institution is part of the strategy initiated by the Senegalese government since the reform of 2000, which aims to strengthen support for public and private technical and vocational training. Les Marmitons has one main objective: to reinforce employability and social inclusion.

Convinced that the employability of young people goes through a practical learning, the institution has opened a restaurant-bar and has equipped kitchens on each campus, in order to offer training combining theory (30%) and practice (70%). The institution has also concluded more than 30 partnerships with renowned hotels and restaurants in the capital (King Fahd Palace, Terrou Bi Hotel, Fleur de Lys Hotel, etc.) and in the regions.



With his passion for cooking and his diploma from the National Hotel and Tourist School (ENFHT), Sidy DIEME, has worked as a cook in many hotels (Cap Casa, Cabrousse, Novotel, Terrou-bi...) and for eminent personalities. Strong of his experience and eager to transmit his knowledge, he founded in 2006, the Training School Les Marmitons which will become the Institute Les Marmitons in 2021.



Through its I&P Education to Employment program, I&P is committed to working with the Institut Les Marmitons to:

Upgrade the technical equipment in the practical room

Strengthen the scholarship program

To install a pastry workshop

To provide a computer room and improve connectivity

To conduct a study on the application of an e-learning system

To enhance campus security and train students in emergency situations by the fire department.

To implement a student safeguard policy.



⇒ Strengthen the students' employability and social inclusion

⇒ Improve the training quality through the acquisition of new equipment


In portfolio since: 2023


Sector of activity: Digital, Tech
Status: Financement d'amorçage
Entrepreneur: Gabriela Marin, Lamine Ba
Country: Senegal
A propos:

ParCsmart is a Senegalese company that offers its customers physical and technological parking solutions. This SME has built a parking lot with a capacity of 300 spaces in the heart of the city of Dakar. The site is equipped with two smart barriers connected to the entrance. Thanks to the software, an account manager monitors movements and issues receipts. He is assisted by a security guard whose role is to direct motorists. ParCsmart also has a platform that offers a parking management interface for parking professionals and any other institution with dedicated parking spaces. The platform integrates an interface dedicated to the end users, customers of the operators.

The entrepreneurs

ParCsmart was founded in 2018 by Maria Gabriela MARIN and Lamine BA, specialists in digital project management with over 40 years of experience.

Partnership with I&P and Teranga Capital

ParCsmart is supported by I&P Acceleration Technologies, a €2.5 million program aimed at financing and supporting fifteen digital start-ups in Sub-Saharan Africa, supported by AFD through the Digital Africa initiative. In Senegal, Teranga Capital is in charge of implementing this program.

This partnership will allow this start-up to : 

  • Hire technical and commercial staff
  • Strengthen its equipment and physical materials for parking management to build connected barriers
  • Acquire computer equipment
In portfolio since: 2022


Sector of activity: Logistics
Status: Financement d'amorçage
Entrepreneur: Mor Lamotte
Country: Senegal
A propos:

Subito International is a young Senegalese company specialized in private transportation (car rental, airport shuttles). Today, the company's client portfolio includes individuals and companies (Air France, French Embassy, etc.), as well as hosting sites (Booking), etc.

The entrepreneur

Subito was created in 2018 by Mor Lamotte, a Senegalese entrepreneur with a Master's degree in Port Management and Logistics.

Partnership with Teranga Capital and I&P

Subito is supported by Teranga Capital and I&P through I&P Acceleration in Sahel with the following objectives

  • refine its positioning in the B2B and B2C segments by offering a wider range of services that effectively meet the needs of each customer segment while maintaining high quality standards 
  • strengthen and improve the quality of the vehicle fleet 
  • structure the company's activities in business development, accounting, finance, labor, tax and regulations 
  • better manage operations by improving the reservation management system, implementing an operational monitoring system (monitoring of drivers, vehicles, flow, etc.) and investing in the training and professionalization of drivers
In portfolio since: 2022