Entrepreneurs

The fund I&P Afrique Entrepreneurs 2 welcomes in its portfolio the Ghanaian company XpressGas, a pioneering distributor of Liquefied Petroleum Gas. Also known as LPG, this fuel offers an efficient and environmentally friendly alternative, particularly for peri-urban and rural areas.

XpressGas is the tenth company funded by the IPAE 2 fund, which maintains an active pace of investment despite the Covid-19 context.

A native of Antananarivo and a graduate of the Institut Supérieur Polytechnique de Madagascar, Ranto Andriambololona worked for 15 years in France before returning to Madagascar in 2018 with two entrepreneurial projects in the tech sector. Three years later, HaiRun Technology and SmartPredict are growing rapidly and have more than 150 employees.

StarNews Mobile, a start-up specialized in the field of mobile video that achieved a first fundraising with I&P, announced it has joined the fourth Snap Inc.’s Yellow Accelerator, a program launched in May 2018 for entrepreneurs working at the intersection of content creation and technology.

Launched in July 2020, Le Lionceau was one of the first companies to benefit from I&P Acceleration in Sahel.

As part of this ambitious program for young Sahelian companies, we met Siny Samba and Rémi Filasto, founders of this company that specializes in the production of baby food products in Senegal.

Guy Kamgaing, founder and director of StarNews Mobile, has been interviewed by The Flip, a podcast exploring more contextually relevant insights from entrepreneurs changing the status quo in Africa.

The podcast explores the topic of mass-market media.

Listen to the podcast

Jiro-Ve, a pioneering company in rural electrification in Madagascar, is completing its last funding round. Besides Miarakap and I&P (through its program I&P Acceleration Technologies), Jiro-Ve has received the backing of the  international humanitarian agency Catholic Relief Services.

The Malian company Teliman, supported by our program I&P Acceleration Technologies, recently received a $50,000 loan through the online platform Kiva. This loan will help the startup provide quality jobs, health insurance, and productive asset ownership to Malian youth moto-taxi drivers.

Teliman is the very first on-demand motorcycle-taxi service in Bamako, Mali.

In 2004, Bagoré Bathily launched in Senegal La Laiterie du Berger, a company dedicated to promoting locally produced milk. From the very beginning, the company received support from I&P, which was also just getting started at the time.

Rensource, a leading West African renewable energy services provider supported by I&P since 2020, is deploying a 700 KWp solar photo-voltaic plant to Nigeria´s largest egg producer, Premium Poultry Farms.

The project is led in partnership with the Norwegian impact investment company, Empower New Energy.

The African Management Institute (AMI) is a pan-African company that enables ambitious entrepreneurs and managers across Africa to thrive through practical tools and training.

In light of the Covid-19 crisis and its consequences for African SMEs, AMI has published a new report, titled 'Business Development Support in a Time of Crisis'.