Ed Partners Africa (Kenya) raises fund from I&P, Acumen and Zephyr

 

Nairobi-based Ed Partners Africa, an affordable private schools financing company, has raised US $1.9m (Ksh205 million) to expand its presence and enable the unserved affordable private schools market access to credit.

The funds were raised from from Acumen, I&P (through its fund I&P Afrique Entrepreneurs 2) and Zephyr with participation from existing investors.

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Closing of the fourth edition of the Social & Inclusive Business Camp

The 4th edition of the Social & Inclusive Camp is coming to an end for the 2020 cohort, after a particularly eventful year due the Covid-19 pandemic. The 65 entrepreneurs of the cohort have taken up the challenge of digitalization, demonstrated their adaptability and seized the networking opportunities offered by the program.

The call for applications for the 2021 edition will open mid-May 2021. Visit our networks to keep up to date with the program!

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New Crystal attains new ISO certifications

 

New Crystal Health Services, Ghana’s leading private health care group dedicated to the urban poor, has recently attained ISO certifications in the following: ISO 9001:2015, ISO/IEC 27001:2013 and ISO 45001:2018.

This is an important step for New Crystal, financed by our fund I&P Afrique Entrepreneurs 2 since January 2020.

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I&P invests in Ghanaian company XpressGas

 

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.

 

 

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Interview of Ranto Andriambololona, Founder of HaiRun Technology and SmartPredict

 

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.

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A $50,000 loan to Malian startup Teliman through Kiva

 

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.

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