Lomé Business School

Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Fulgence Amani et Patience Adjivon
Country: Togo
A propos:

Lomé Business School ( LSB) is a university offering training courses in Information Technology Management  and Business Management in Lomé, Togo. LBS opened  in 2013 with 13 students and has 117 students today. 30% of the students are coming from 8 countries in the West African sub-region, Cameroon and Gabon.

THE ENTREPRENEURS

Born in Côte d'Ivoire, Fulgence Amani (CEO of LBS) studied in Côte d'Ivoire and in France. As a telecommunication engineer from ITES (Institut des Technologies et Spécialités), he worked as an IT engineer in Abidjan before continuing his studies in France where he got a master's degree in finance at SKEMA. After several years in IT Management in France at Total and Capgemini, he worked as an IT and Fintech consultant and worked with clients such as Orange Bank, Ernst & Young and Société Générale in Africa. For the past ten years, Fulgence Amani has also held teaching positions at USTA-Ouagadougou and ESSCA Paris in addition to his consulting activities before co-founding LBS with his wife, Patience Adjivon.

Marketing Director of LBS, Patience Adjivon holds a master's degree in R&D and Biotechnology from Paris VI. With a rich professional background on missions as a laboratory researcher in healthcare in France (Institut Jacques Monod, Institut Cochin, Sanofi, Pierre Fabre) and at Cap Gemini as a Fintech project coordinator, she co-founded LBS.

PARTNERSHIP WITH I&P

LBS is supported by I&P through education and employment component of I&P Acceleration in Sahel program (IP2E).

The funding and support provided to LBS aims to :

  • Set up an e-learning platform to digitalize a large part of the training program
  • Strengthen the pedagogical equipment of the school
  • Set up a pedagogical engineering process including aspects related to digitalization

EXPECTED IMPACTS

  • Strengthen access to quality higher education in Togo
In portfolio since: 2021

LMKT

Sector of activity: Education & Training
Status: Financement d'amorçage
Country: Burkina Faso
A propos:

The Lycée Privé Technique Moderne de Koudougou (LTMK) is a technical secondary school created in 2017, located in Koudougou, Burkina Faso, about a hundred kilometers from Ouagadougou.

The school has 207 students and offers initial training (BEP and BAC) in the fields of electronics, civil engineering and electrical engineering. The school will open in 2021-2022, a cycle of classical secondary education from the 6th to the 10th grade.

 

 

THE ENTREPRENEUR

Mr. KABORE is a 37 year old Burkinabé, holder of a DUT in commercial management and a Master in Marketing and Business Intelligence from the African Institute of Management (IAM Ouaga). After fifteen years of experience in teaching and recruitment, he opened the Institut Supérieur de l'Eau, du Bâtiment et de l'Energie à Ouagadougou (ISEBE) in 2013, a training center based in Ouagadougou that offers training in civil engineering, geology and energy engineering. In 2017, three years after the opening of ISEBE, Mr. KABORE decided to open LTMK with the main objective of providing students with tools for entrepreneurship or giving them a solid foundation before entering a higher education institution. 

PARTNERSHIP WITH I&P

LTMK is supported by I&P through I&P Acceleration in Sahel program dedicated to education and employment (IP2E).

 

EXPECTED IMPACTS

The funding and support provided to LTMK aims at :

  • The location, installation and the supply of 10 classrooms for the opening of a classical teaching cycle 
  • The purchase of materials for equipments of a laboratory of practical work (TP)
  • The funding of the working capital requirement
In portfolio since: 2021

Atelier des Génies

Sector of activity: Education & Training
Status: Investissement en capital
Associed fund: USAID PACE, Teranga Capital
Country: Senegal
A propos:

L’Ateliers Des Génies is a startup founded in 2015, which develops programs and activities for children aged 4 to 16 and youth aged 17 to 25. The company offers several programs related to digital literacy, robotic programming, algorithm, coding and web design to equip learners with problem-solving skills, stimulate critical thinking and develop analytical skills.

THE ENTREPRENEUR

L’Atelier des Génies was founded by Fatima SARR, who started her entrepreneurial career at a very young age, completing a degree in web design. She was project coordinator at oxford business group. She then launched, before the creation of Atelier des Génies, two startups that worked for large international companies such as Google and large projects of Government Agencies, and accompanies business leaders in the development of their Business Development strategies.

PARTNERSHIP WITH TERANGA CAPITAL

The Atelier des Génies benefited from the PACE program implemented in Senegal by Teranga Capital. 

The expected impacts at the end of the partnership are :

  • The popularization of digital culture
  • The reinforcement of the training of children by digital notions
  • The formalization of employees and the creation of jobs

About Teranga Capital

Teranga Capital is the first impact investment fund dedicated to the financing and support of Senegalese SMEs and start-ups. Headed by Olivier Furdelle, Teranga Capital is the third African fund sponsored by Investisseurs & Partenaires under the I&P Développement 2 program. The network currently includes a fund in Niger (Sinergi Niger), Burkina Faso (Sinergi Burkina), Ivory Coast (Comoé Capital) and Madagascar (Miarakap). → Find out more about Teranga Capital

In portfolio since: 2019
en-savoir-plus
Fatima Sarr

Ed Partners

Sector of activity: Education & Training
Status: Investissement en capital
Associed fund: I&P Expansion, IPAE 2
Entrepreneur: Amos Mwangi (CEO), Lydia Koros (Founder), David FitzHerbert (Founder), Andrew West (Founder)
Country: Kenya
A propos:

 

Ed Partners Africa is a non-banking financial institution that aims to provide adapted financial solutions to the education sector and especially to affordable schools in East Africa.

 

Context

In Kenya, the rapid urbanization combined with the rising income levels have increased the demand for private schools as the quality of public schools is wanting. In 2018, there were 52,000 registered and unregistered private schools in the country that focused on primary and secondary enrolments. Ed Partners currently lends to both affordable and middle-income schools, affordable schools being those with annual school fees below USD 300. By mid-2021, the company had disbursed a total of USD 1.5 mililon to over 140 schools.

The government has until now turned a blind eye to the existence of these schools, but has recently mandated that all schools with non-compliant infrastructure will be shut down. This is therefore incentivizing already registered schools to upgrade their infrastructure and for unregistered schools to start the registration process and to begin investing in compliant infrastructures. Therefore, most schools will require additional investment in equipment and basic infrastructure.

 

In this context, Ed Partners aims to fill the gap in the current market by providing customized products, understanding schools’ special needs and proposing tailored complimentary services to affordable schools in Kenya and in the long term in the region.

The model was conceived by replicating the proven business model of Varthana, a school financing company in India, with 7 years of experience and a current portfolio size of USD 157 million provided to over 3,500 schools.

 

The entrepreneurs

Ed Partners was founded by a team of 4 microfinance experts with on average 15+ years of experience in impact investing and in microfinance in East Africa and in India. Together, these founding members bring their expertise and network to support the roll-out of the project in the region.

Ed Partners is currently managed by Amos Mwangi who is the CEO. Amos has 17 years of experience in business development, sales, credit management and leadership. He previously worked 6 years as a Business Development Manager at Faulu Microfinance Bank in Kenya where he oversaw 44 branches in 38 locations. Before Faulu Microfinance, he worked at Equity Bank and Family Bank in various roles at both branch and head office level. Amos holds a Masters in Banking and Finance from Moi University and achieved complementary business and finance studies at Kenyatta University.

 

Partnership with I&P

The partnership between Ed Partners and I&P (through its fund I&P Afrique Entrepreneurs 2) aims to:

Ensuring a wider geographical coverage with the opening of 6 additional hubs in 6 counties in Kenya

Funding EdPartners’ loan book. The company anticipates a rapid growth of the loan book to reach 6,000 loans disbursed to about 3,000 schools in the next 5 years

Supporting further expansion into the rest of East Africa within the next few years, where there is significant demand for the products offered by Ed Partners

 

Expected Impacts

Ed Partners has the potential to have an important impact on the education sector in Kenya and in the long term in East Africa.

The company enables improvement in the quality of education offered by middle-income and affordable schools by providing access to adapted financial solutions and coaching.

 

In portfolio since: 2021
en-savoir-plus

Sayna

Sector of activity: Education & Training
Status: Financement d'amorçage
Entrepreneur: Matina Razafimahefa
Country: Madagascar
A propos:

 

Created in 2018 by a talented young Malagasy entrepreneur, Sayna is a startup specialized in digital training and outsourcing of IT projects, carried out by African developers via a micro-tasking platform.

Sayna intends to address a twofold problem: the lack of training in the digital sector in Africa, and the gap between the supply of digital talent and the growing demand of companies in the context of their digital transformation.

Sayna offers digital skills training and provides solutions that allow the students to enter the job market. To date, Sayna has trained nearly 200 students.

 

Today, Sayna aims to develop a tech startup model based on two pillars:

⇒ A paying online training platform for learners that allows them to follow, evaluate and validate their learning, but also to have access to company IT projects corresponding to the learning they have validated during their training.

⇒ A "microtasking" platform that allows companies to outsource their IT projects more efficiently, which are divided into distributed micro-tasks and assigned to freelance developers registered on the platform.

 

THE ENTREPRENEUR

The promoter of the project, Matina Razafimahefa, is a young Malagasy entrepreneur of 23 years old, winner of several awards. At 20 years old, she decided to stop her studies to devote herself fully to the deployment of the project and has surrounded herself with advisors and experienced business angels.

 

PARTNERSHIP WITH I&P ACCELERATION TECHNOLOGIES AND MIARAKAP

Sayna is financed and 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 the French Development Agency (AFD) through the Digital Africa initiative.

As such, Sayna benefits from a €100,000 repayable advance from the I&P Acceleration Technologies program to :

⇒— Finalize and launch the micro tasking platform

—⇒ Roll out the training programs in partnership with a leading player in Bootcamp training, Holberton (Silicon Valley)

⇒ Train 200 students by the end of 2021

 

NEXT STEPS AND EXPECTED IMPACTS

Sayna's ambition is to :

—• Enable 8,000 people in Africa to enter the digital industry through its training and have more than 3,500 people working on its micro task platform.

•— Meet the IT needs of 300 SMEs and start-ups in the French-speaking world.

—• Complete a Series A fundraising of approximately €3 million in 2022 to accelerate growth and finance a pan-African expansion in West Africa.

 

In portfolio since: 2021
en-savoir-plus

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

DAUST

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

Dakar American University of Science and Technology (DAUST) is a private higher education institution offering a 4-year engineering program, masterclasses dedicated to professionals in the sector and a "prep" program with international opportunities. The specialties taught are chemistry and biomolecules, civil and environmental engineering, electronic and computer engineering and finally mechanical and aeronautical engineering.

THE ENTREPRENEUR

DAUST was founded by Sidy NDAO, a 38-year-old Senegalese born and raised in Dakar before going to continue his studies in the United States. He holds a Ph.D. from the University of Nebraska and a post-doc from MIT, he is an engineer specialized in mechanics and robotics. He returned to Senegal in 2009 to engage in the promotion of STEMs (Science, Technology, Engineering & Mathematics) in Africa. 

I&P' CONTRIBUTION

DAUST benefits from support through the I&P Acceleration in Sahel program dedicated to education and employment (IP2E). The funding and support will enable the university to increase its hosting capacity while attracting an international clientele.

EXPECTED IMPACTS 

  • Increase its hosting capacity by 115%
  • Move in a third classroom with a capacity of 30 students
  • Deploy a marketing and communication campaign in about 20 African countries
In portfolio since: 2020

Institut Académique des Bébés (IAB)

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

 

The Institut Académique des Bébés (IAB) is a training school dedicated to the professional and technical training of children's professions. At the end of a one-year course, a professional certificate of specialization, issued by the Ministry of Training, is delivered to learners, allowing them to be employed as facilitators, educational assistants or assistants in nurseries, maternity wards, leisure centers or at private homes. The Academic Institute of Babies also has crèches for children aged 3 to 19 months. 

THE ENTREPRENEUR

IAB was founded by Fa Diallo, a Senegalese-Guinean woman who grew up in Senegal before moving to France to study finance/accounting. Fa Diallo worked for a long time in accounting and finance while taking early childhood training. She has worked for more than 10 years in local authorities on early childhood issues, notably in Nancy's day care centers, at the Foyer des Jeunes Travailleurs de Nancy and at Nancy's regional maternity hospital. Fa returned to Senegal in 2016 and began the process of starting the Institut Académique des Bébés in 2017. 

I&P' CONTRIBUTION

IAB benefits from support through the I&P Acceleration in Sahel program dedicated to education and employment (IP2E).

EXPECTED IMPACTS 

IAB's funding and support is aimed at : 

  • Increase its capacity: space for an additional classroom that will increase the capacity by 50%
  • Set up a laboratory daycare that can accommodate 11 babies (from 3 to 18 months)
  • Develop an online platform in order to make accessible to learners living in the regions
  • Recruit staff to strengthen the current team
In portfolio since: 2020

Editions Afrique Lecture

Sector of activity: Education & Training
Status: Investissement en capital
Entrepreneur: Chérif Louan
Country: Niger
A propos:

Created by Chérif Louan, Editions Afrique Lecture (EAL) specializes in the publishing and production of after-school books (annals of middle and high school classes). Its editorial line also enables it to publish works of literature (in French and national languages), essays and textbooks (course books, books, etc.). Editions Afrique Lecture offers its know-how to structures wishing to produce and/or publish their documents. 

THE ENTREPRENEUR

Cherif LOUAN is a publisher, graphic designer, editor and modeler. He holds a Diploma of Advanced Studies (DEA) in Applied Mathematics and Physics (with the use of computer tools) from Kharkov State University in Ukraine - USSR. Author, co-author, editor and composer of several books (3rd and 4th grade mathematics, descriptive statistics textbook, physics and chemistry textbook for 6th to 3rd grade), he has 15 years of textbook composition at Editions Afique Lecture.  He is the president of the network of publishers in Niger and managing director for the book sector at the Agency for the Promotion of Enterprises and Cultural Industries.

 

ABOUT SINERGI NIGER

SINERGI S.A. is a private investment company created in 2006 and supported by I&P with a group of key individual and institutional shareholders in the Nigerien and international SME support landscape. Headed by Ibrahima Djibo, its objective is to contribute to the economic and social development of Niger through the promotion of entrepreneurship and the development of SMEs. SINERGI S.A. provides the means for entrepreneurs in Niger to achieve their growth projects by providing long-term financing and local support.  → Find out more about Sinergi​

In portfolio since: 2018

La Coccinelle

Sector of activity: Education & Training
Status: Investissement en capital
Entrepreneur: Sara Adico
Country: Ivory Coast
A propos:

La Coccinelle is a private kindergarten and early childhood care centre offering a childcare service for young children in the interval between daycare (06 to 24 months) and kindergarten (24 to 60 months) as well as a bilingual recreation centre service during school holidays in Côte d'Ivoire. La Coccinelle plans to deploy a network of mini-crèches in different communes of Abidjan and to create a training centre for early childhood educators. 

THE ENTREPRENEUR

La Coccinelle was created by Mrs. Sara Adico. After a Professional Degree in Finance and Management, Ms. Sara ADICO joined UNACOOPEC-CI microfinance in 2002, as a credit analyst until 2006. She then managed the Raggi Anne Marie Institution, an international public school (IRMA) for 6 years. This experience led her to create her own school, which she has been managing since 2011. In 2016, she obtained a certification of competence in NGO management awarded by the UNESCO CHAIR for the Culture of Peace in Côte d'Ivoire.

 

 

 

In portfolio since: 2019

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