Agro-food

CHOCOLATERIE NOHI is a Cameroonian company specialized in the artisanal production of chocolate and related products. It promotes local cocoa by offering natural and healthy products, ranging from chocolate bars to confectionery, spreads, and semi-finished products. Following a logic of local development and value creation, the company contributes to supporting rural communities and aims to become a key player in the chocolate sector in Cameroon and Central Africa.

Entrepreneurs

Founded in 2017, CHOCOLATERIE NOHI was created by two young Cameroonians, Nozawo Tchoffo Hippolyte and Boyoguino Yambena Pierre. Hippolyte, an engineer in industrial chemistry and environmental engineering, worked for several years in the industry before dedicating himself to his company while training small producers in good post-harvest practices and organic cocoa cultivation. Pierre, an engineer in the same field, managed his family’s plantations before joining the company as Operations Director. He oversees the company’s plantations and also contributes to training more than fifty small cocoa farmers grouped within a cooperative.

Partenariat avec I&P et Fako Capital

Chocolaterie Nohi is supported by I&P FARM, a €40 million program aimed at financing and supporting 28 start-ups and SMEs in Sub-Saharan Africa, with a particular focus on the Francophone countries of West, Central, and East Africa, in the agricultural sector, supported by PROPARCO. In Cameroon, the implementation of this program is managed by Fako Capital. This partnership will enable the SME to:

• Purchase raw materials: acquisition of cocoa beans and other local ingredients to support increased production volumes;
• Enter the market through commercial actions to be deployed: recruitment of a sales team and implementation of a targeted campaign to strengthen brand awareness and sales.

BARKA is an agro-industrial company based in Kankan, Upper Guinea, specializing in the production and processing of paddy rice into parboiled rice. The company operates a modern rice mill that transforms raw paddy rice, as harvested from the fields, into parboiled rice ready for consumption. 

The entrepreneurs 

BARKA was founded in 2021 by the KABA brothers with the ambition of transforming their family rice-farming activity into a modern industrial enterprise. 

• Mohamed KABA, the Managing Director, holds a Master’s degree in Risk Management and a Bachelor’s degree in Business Administration from the City University of New York. He initiated the project in 2020 and currently leads the company’s development strategies and partnerships. His expertise in management and finance plays a key role in BARKA’s growth. 
• Kabinet KABA earned a degree in Mathematics from the City University of New York in 2021. After gaining experience as a financial analyst, he joined BARKA in 2022. He currently serves as Acting Operations Director, responsible for process optimization and team coordination. 
• Abdoulaye KABA is the Logistics and Sales Director. He holds a degree in Logistics Economics from the City University of New York (2018) and previously worked as a logistics assistant before joining BARKA in 2021. He leverages his expertise in supply chain management and distribution to actively contribute to the company’s expansion. 

Partnership with I&P and Gola Capital 

BARKA benefits from the support of the I&P Acceleration FARM program. This strategic partnership aims to strengthen the company’s technical and organizational capacities through several key initiatives: 

• Acquisition of a paddy rice cleaning machine to increase the mill’s productivity; 
• Establishment of a strategic stock of 200 tons of paddy rice; 
• Strengthening of financial and commercial management skills; 
• Active contribution to the promotion of the national rice value chain and to the reinforcement of food security. 

ASSAHORE & KO is a honey production and marketing company positioned in the premium segment. The company, best known under its brand name Colonie, was established in 2023. Its clientele includes individuals, hotels, restaurants, supermarkets, convenience stores, pharmacies, and gourmet shops. Processing and packaging activities are carried out at its production site located in Bingerville, a city within the Abidjan metropolitan area. 

The entrepreneur

ASSAHORE & KO was founded by young Ivorian entrepreneur Alex Assahoré. He holds a Master’s degree in International Marketing from Hult International Business School (2021), a Bachelor’s in Business Economics from Georgia State University in Atlanta (2018), and a Bachelor’s in Business Administration from the International University of Grand-Bassam in Côte d’Ivoire (2016). Between 2018 and 2021, he completed an internship in the public administration, specifically within the Department of Strategic Studies, Development and Projects of the General Directorate of Economy of Côte d’Ivoire. During that period, he also launched a food kiosk and delivery service, and experimented with selling bracelets and hibiscus leaves. These diverse experiences strengthened his entrepreneurial mindset and ability to innovate. After a two-year preparation phase, which included an in-depth market study on honey and the installation of beehives, Alex Assahoré founded ASSAHORE & KO in 2023. 

Partnership with I&P and Comoe Capital

ASSAHORE & KO benefits from the support of I&P Acceleration FARM, a €4 million program backed by Proparco and designed to finance around twenty SMEs in Sub-Saharan Africa operating across the agricultural value chain (product processing, primary agriculture, livestock, fish farming, distribution, sale of equipment and inputs, agritech, etc.). In Côte d’Ivoire, the program is implemented by Comoé Capital. 

This partnership will enable the SME to finance: 

• The purchase of raw materials; 
• The purchase of packaging; 
• Marketing and communication activities; 
• The establishment of working capital. 

APA Original Kisubi Tea Limited is a Ugandan beverage company that manufactures a variety of flavoured teas. The origins of this company date back to 2007, when the founder conducted a research trip with smallholder farmers in Mpigi District and was enthused with the idea of flavouring locally available beverages. This led to the birth of APA Tea in 2011 its flagship product, Kisubi Tea, a lemongrass-infused loose-leaf black tea. From humble beginnings with one product offering, the business, today, has a production facility located in Kampala and has expanded its product offerings to 29 SKUs. 

The entrepreneur

Anthea Ibembe is the COO of APA Tea and its de facto chief executive. She has over 10 years of experience in tea spicing and manufacturing, having joined the company while completing her undergraduate studies. Today, at 28, she has earned the company’s leadership, and as Chief Operating Officer continues to guide the company to greater heights. Anthea holds an undergraduate degree in Journalism and Communication from Makerere University and a postgraduate degree in Marketing from Edinburgh Business School and is a 2025 Mandela Washington Fellow. 

Partnership with I&P and Inua Capital 

APA Tea is supported by I&P FARM, a €4 million program aimed at financing and supporting startups and SMEs in Sub-Saharan Africa within the agricultural value chain. The program is backed by Proparco and is implemented and managed by Inua Capital in Uganda and Kenya. 

This partnership will enable the startup to: 

• Finance the purchase of a single-use laminate tea bagging machine to open new markets within the hospitality sector 
• Provide a working capital buffer to service new markets 
• Support business formalisation efforts 

Africa Spices Limited is a Ugandan agro-processing company that manufactures, markets and distributes spices and seasoning mixes. The company processes herbs and vegetables into ready-to-use mixes for your everyday seasoning needs in the kitchen offering a wide array of selections to match all your cooking and flavouring requirements. Today, Africa Spices has distribution routes covering each major region in Uganda: Central, Northern and Eastern and has grown to ~29 SKUs packaged in 50 g and 100g containers. 

The entrepreneur

Africa Spices was co-founded by Johnpaul Ssengendo, a small-scale farmer and passionate entrepreneur with strong ambitions. While working as an insurance agent with UAP, he visited Zanzibar (Tanzania) and was impressed by the depth and vibrancy of its spice market. Inspired by this visit, he started Africa Spices with Michael Kibuuka – a former classmate in high school and a food scientist working in spice production – using his farm as the source and leveraging output from neighbouring farms. He holds a Diploma in Business Administration from Makerere University.  

Partnershup with I&P and Inua Capital

Africa Spices is supported by I&P FARM, a €4 million program aimed at financing and supporting startups and SMEs in Sub-Saharan Africa within the agricultural value chain. The program is backed by Proparco and is implemented and managed by Inua Capital in Uganda and Kenya. 

This partnership will enable the startup to: 

• Finance the purchase of a mixer and grinder machine to improve efficiencies in production 
• Provide sufficient working capital to pursue new markets 
• Support business formalization efforts 

KANEL Pâtisserie is a Senegalese company specializing in the bakery and pastry sector, particularly in the production and sale of sweet and savory treats inspired by both local culinary traditions and Western classics. Founded in 2019, the company offers a wide range of products, including fine pastries, Viennese pastries, personalized cakes, desserts, as well as breads and savory snacks. It stands out for its use of local fruits and ingredients such as bouye, ditakh, bissap, and madd, to revisit recipes with an authentic Senegalese touch.

KANEL focuses on high-quality artisanal production, meticulous product design, and a refined customer experience, whether in-store or via online ordering.

Entrepreneurs

Founded in 2019 by Marguerite DIOH, Daniel SARR, and Rouguiatou DIAW, KANEL is a Senegalese company that promotes local expertise through a range of artisanal sweet and savory pastries featuring local flavors. Coming from the public sector, Marguerite passionately retrained as a pastry chef, building up a small business with 20 employees. Rouguiatou brings her expertise in marketing and business development, while Daniel supports strategy and governance. Together, they are positioning KANEL as an innovative player in Senegal's agri-food sector.

Partnership with I&P and Teranga Gestion

KANEL benefits from the support of the I&P Acceleration FARM program, a €4 million initiative designed to finance and support 28 African companies operating in the agricultural sector. This program is supported by the French Development Agency (AFD) through its subsidiary dedicated to the private sector, Proparco.

This strategic partnership will enable KANEL to:

• Finance its working capital requirements in order to support the increase in its production capacity;
• Strengthen its production equipment, increase its storage capacity for seasonal raw materials, and expand its product range;
• Deploy a structured marketing and sales strategy to better address its target markets and support its growth.

CHEZBIO is a young Cameroonian company operating in the agri-food sector. It stands out for its artisanal production of agri-food processing equipment and ground spices. By adopting an import substitution approach, the company actively contributes to reducing dependence on imports, while providing concrete solutions to post-harvest losses. CHEZBIO thus facilitates access for agricultural and agri-food entrepreneurs to suitable and affordable equipment, promoting the creation of sustainable local value.

The entrepreneur

CHEZBIO, formally established in 2021 but active since 2019, was founded by Brice KENE TAKALA, a 30-year-old Cameroonian web application developer. Following facial paralysis in 2018 caused by intense work-related stress, he adopted a diet based on natural products. Faced with the unavailability of processing equipment on the local market, he retrained as a manufacturer of agri-food processing equipment, putting his technical skills to use in developing tailored and accessible solutions.

Partnership with I&P

CHEZBIO is supported by I&P FARM, a €4 million program aimed at financing and supporting 28 start-ups and SMEs in Sub-Saharan Africa, with a particular focus on French-speaking countries in West, Central, and East Africa, in the agricultural sector supported by PROPARCO. In Cameroon, the program is being implemented by Fako Capital.

This partnership will enable this SME to:

• Finance the establishment of an R&D design office with a view to offering equipment for a more professional clientele;
• Develop production sites with a view to optimizing productivity and improving working conditions for employees;
• Strengthen its team, mainly in production, but also in administration and sales.

ETS KAO is an Ivorian company founded in 2018, specializing in the processing and marketing of food products. It manufactures and distributes powders and spices, oilseed pastes (peanut, pistachio, cashew, etc.), as well as flours and pulps. Its products are intended for the local market, particularly large and medium-sized supermarkets, wholesalers, convenience stores, and individuals. Processing and packaging activities are carried out at its production site located in Abobo, a district of Abidjan.

The entrepreneur

Odette KASSI is the founder of ETS KAO. With a high school diploma, she has over 10 years of experience in the food products sector in Côte d'Ivoire. After a career in primary education, she launched her food products business in 2011. Faced with issues related to expiration dates, she shifted her focus to the processing of oilseeds and dried food products. In 2013, she created the sole proprietorship ETS KAO, which became a limited liability company in 2018.

Partnership with I&P and Proparco

ETS KAO benefits from the support of I&P Accélération FARM, a €4 million program backed by proparco and designed to finance around 20 SMEs in sub-Saharan Africa active across the entire agricultural value chain (product processing, primary agriculture, livestock farming, fish farming, distribution, equipment and input sales, agritech, etc.). In Côte d'Ivoire, this program is implemented by Comoé Capital.

This partnership will enable the SME to finance:

• The purchase of a delivery vehicle;
• The acquisition of additional equipment (bagging machines, labeling machines);
• Communication activities for new products;
• Renovation work to install new equipment;
• Working capital requirements.

Forna Health Foods is a female-founded and female-led social business that manufactures Aunt Porridge and Instapo!, healthy, nutritious (and delicious!) porridges that are targeted at helping weaning infants, children, breastfeeding mothers, immune-compromised patients (and even the entire family) access essential nutrition to thrive when they need it the most! 

Forna Health Foods are the makers of Aunt Porridge and its instant porridge version (Instapo!) – this essential breakfast staple and its 10+ ingredients are all-natural (no added preservatives), homegrown in Uganda (providing a market for 1,000s of smallholder Ugandan farmers) and are jam-packed with protein, vitamins and fibre (unlike single grain porridges made from millet or maize) to boost infant and child nutrition.

Partnership with Inua Capital

Inua Impact Fund has invested equity and mezzanine financing into Forna Health Foods to scale its reach nationwide and expand its ability to source farm produce from smallholder farmers across Uganda. 

Together with Inua Capital, Forna Health Foods will scale its product reach across the country and beyond, increase and improve its product offerings, further mechanize its production processes and make an indelible imprint on the health and nutrition of Africa’s children and families for years to come!

Equator Chocolate is a paragon of artisanal mastery and distinction within Uganda’s chocolate landscape. Established in 2018, Equator Chocolate is a pioneer in adding value to Uganda’s cocoa (in place of exporting the raw commodity), buying cocoa from smallholder farmers in Uganda to manufacture dark, milk and white craft chocolate loved by local consumers and corporate kitchens alike, and customized for special occasions and premium brands across East Africa.

Equator Chocolate manufactures white, milk and dark craft chocolate from organic and sustainably-grown Ugandan cocoa. Equator’s chocolate is internationally award-winning, winning a bronze medal at the 2023 Agency for the Valorization of Agricultural Products (AVPA) International Gourmet competition in Paris.

Equator serves a wide range of customers: from hotels, lodges and high-end brands seeking to give their discerning clients a delectable taste of Uganda; to ethical consumers in export markets (predominantly Europe) where it retails with high demand; to bakers, chocolatiers, cafes and other corporate kitchens across East Africa whose products require high-quality chocolate; to local individual consumers that pick up an Equator Chocolate off the shelf to satisfy a craving or celebrate a special occasion. 

Partnership with Inua Capital

Inua Impact Fund has invested equity and mezzanine financing into Equator Chocolate to scale its production by over 3x and expand its ability to source cocoa from local smallholder farmers at a premium price. 

Inua’s investment in Equator Chocolate intends to put Ugandan chocolate on the map! (no pun intended)