Swyft

Sector of activity: Logistics
Status: Financement d'amorçage
Entrepreneur: Franck BATCHADJI
Country: Cameroon
A propos:

Swyft is a young company operating in delivery in Cameroon and constitutes the missing chain in the logistics sector by positioning itself as the only last mile delivery solution. Swyft offers pick-up services from the customer's location for shipment with the support of a call center to manage the communication between the customer and the deliverers.

The entrepreneur

Swyft was founded by Franck BATCHADJI. He started his professional career in 2012 as Operations Manager at Atlantic Coast Cotton, one of the largest apparel distributors on the East Coast of the United States. He held for three years before being recruited as Sales Manager at All Star Executive, a manufacturer of office supplies, where he spent two years. He later became a logistics specialist by joining Eagle Service (a delivery service for Michelin) as a dispatcher for a year before deciding to return to Cameroon permanently. He started then farming and then took over the responsibility of the family orphanage which he managed for one year. During this period, he carried out many shipping and receiving operations for the orphanage and faced difficulties such as: long waiting lines in the agency, the impossibility of having a follow-up of the shipping status of the packages, etc. It is from these negative experiences that he got the idea to create a more accessible, flexible and less stressful parcel delivery service for his users.

Partnership with I&P

Swyft is supported by I&P through I&P Acceleration in Sahel. This partnership will enable the company to improve in quantity and quality its delivery activity in order to meet the increasing flows of the current demand. 

The funding will allow in particular to : 

  • Realize of a communication campaign
  • Develop a tracking and dispatching software
  • Finance the purchase of material and equipment and the fitting out of the agency
  • Recruite personnel
In portfolio since: 2022

NIGERcab

Sector of activity: Logistics
Status: Financement d'amorçage
Entrepreneur: Abdou Maman KANE
Country: Niger
A propos:

Created in 2017, NIGERcab is a VTC (Vehicle of Transport with Driver) service, the first to have offered a private, secure and comfortable door-to-door individual transportation service in Niamey.

 

THE ENTREPRENEUR

Mr. Amadou Maiga Seydou created NIGERcab in 2017 with three partners. Holder of a Diploma of Professional Aptitude (DAP) in Customs Transit, he received training in transport logistics. Before the creation of the company, he held for 4 years, a position of driver at Babati Automobile where he drove the consultants of ALCATEL LUCIEN. 

 


ABOUT SINERGI 

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

A PROPOS PACE PROGRAM  

Investisseurs & Partenaires and the United States Agency for International Development (USAID) launched in 2016 an innovative acceleration program for start-ups in Niger, Burkina Faso and Senegal. The partnership is designed to support high-potential start-ups and small and medium-sized enterprises in order to facilitate their access to financing in a region where the ecosystem supporting entrepreneurship is still poorly developed. → Click here to find out more

In portfolio since: 2018

Teliman

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
en-savoir-plus

Bakou Logistics

Sector of activity: Logistics
Status: Sortie
Associed fund: IPAE 1
Entrepreneur: Mamadou Traoré
Employees: 65
Country: Burkina Faso
A propos:

Bakou Logistics is a freight-by-lorry company settled in Burkina-Faso. Several dozens of trucks freighted by Bakou convey cotton, oil and gas between Burkina-Faso and the Guinea Gulf. The company beats a fierce local competition thanks to its high security and probity standards lately rewarded by the Best Transporter Award from Total Burkina.

 

THE ENTREPRENEUR

Mamadou Traoré’s father also worked in the cargo industry. After he graduated in Finance from HEC Belgium, Mamadou worked for Alstom from 2001 to 2006 as a Commercial Manager in Liège. He then decided to head back to his native country and to start his own business inspired by his family inheritance. Bakou Logistics’ success owns a lot to his father’s experience but Mamadou Traoré quickly took the lead and bred a brand new spirit within the profession

 

PARTNERSHIP WITH I&P

I&P committed alongside with Bakou Logistics

• To undertake technical missions in order to improve the GIS

• To bring the capital needed in the fleet expansion

• To enhance financial and auditing offices in the company

 

KEY IMPACTS

• 35 jobs created including 30 truck drivers with increased social conditions

• Incentives leading to the drivers empowerment through the purchase of their own trucks

• Emergence of a freight local leader, independent from international firms

• Improvement of local standards in terms of environment, social and governance themes

 

In portfolio since: 2013
en-savoir-plus

Website

 

CAT Logistics Niger

Sector of activity: Logistics
Status: Sortie
Associed fund: IPDEV1
Entrepreneur: Ali Djimba
Employees: 69
Country: Niger
A propos:

CAT LOGISTICS performs customs clearance and freight transport. The company manages goods and shipping from their arrival in one of the sub-regional ports directly to the client. It has subsidiaries in the three coastal countries of the region: Cotonou in Benin, Tema in Ghana and Lome in Togo.

CAT LOGISTICS has experienced very rapid growth in business volume since 2008, supported by major contracts including AREVA and the World Food Program (WFP). It operates in a particularly buoyant market with oil and mining large-scale investments. It is the only Nigerian-founded company of this size that remains independent from international firms.  In 2013-2014, CAT partnered with the UN for the peace keeping mission in Mali. The company loaded equipment, vehicles and over goods from Abidjan port in Ivory Coast to the Niger River and Gao in Mali.

 

THE ENTREPRENEUR

Ali Djimba holds a master's degree specializing in transit and logistics, and has 30 years of experience in the sector.

 

PARTNERSHIP WITH I&P

I&P committed alongside CAT Logistics:

• By increasing the equity of the company

• Pressing the structure of governance and management

•By implementing a management control and stable and effective financial procedures to better manage the business

• Providing assistance for the development of the financial policy of the company and obtaining bank financing

 

KEY IMPACTS

• Development of a local player in the logistics and transit in a landlocked country

• Impacts on HR policy of the company

 

In portfolio since: 2010