Teranga Capital

Teranga Capital is a principal investment firm based in Dakar, Senegal, focused on providing financial solutions to small and medium-sized enterprises (SMEs) across various sectors in Senegal and Gambia. Established in 2015, the firm specializes in start-up, venture capital, and growth capital investments, typically targeting businesses with sales between $0.1 million and $0.5 million. Teranga Capital invests amounts ranging from FCFA 50 million to FCFA 300 million, usually taking minority stakes and maintaining these investments for approximately five years. The firm emphasizes social and environmental impact, aiming to support high-growth potential SMEs while offering personalized assistance to enhance their management and commercial development. In addition to equity investments, Teranga Capital can provide financing through loans and may also take board seats in its portfolio companies.

Olivie Furdelle

MD

Past deals in Francophone Africa

Fa Confection

Seed Round in 2022
Fa Confection is a tailoring company based in Dakar, Senegal, focused on the design and manufacture of traditional and professional clothing. The company offers a range of products, including uniforms and various apparel, using high-quality fabrics to ensure durability and style. With a commitment to delivering products within a respectable timeframe, Fa Confection aims to meet the diverse needs of its clientele while maintaining a strong emphasis on craftsmanship and customer satisfaction.

LAfricaMobile

Venture Round in 2019
LAfricaMobile is a digital multichannel cloud communication platform based in Dakar, Senegal, founded in 2014. The company specializes in mobile marketing services, enabling enterprises across Africa to strengthen their connections with customers via mobile phones. LAfricaMobile offers customized solutions tailored to the local context, facilitating seamless communication between businesses and their clientele. Its adaptable platform supports multi-operator, multi-channel, and multi-country capabilities, allowing companies to effectively reach diverse audiences while providing end consumers with instant, safe, and secure access to essential information.

Golden Nuts and Grain

Venture Round in 2018
Golden Nuts and Grain, established in Senegal, is a specialized food processing company. It produces natural juices using locally sourced ingredients like bouye, bissap, and ginger. The company's focus is on creating healthy, delicious beverages that preserve the authentic tastes of Senegalese products while promoting consumers' well-being.

Clinique dentaire le Cap Vert

Venture Round in 2018
Clinique dentaire le Cap Vert is a dental clinic network based in Dakar, Senegal, dedicated to providing a wide range of dental care services. The clinic offers essential dental treatments, including basic dental care, orthodontics, prosthetics, and dental imaging, ensuring that clients receive comprehensive support for their oral health needs. By focusing on both preventive and corrective dental care, Clinique dentaire le Cap Vert aims to enhance the overall dental health of its patients through accessible and quality services.

COGELEC ENERGY

Venture Round in 2017
COGELEC ENERGY is an engineering firm based in Senegal that focuses on electrical work and rural electrification. The company provides a range of services, including the supply, installation, and maintenance of electrical and hydraulic equipment. COGELEC ENERGY aims to serve commercial clients by facilitating the construction of conventional grid connections, ensuring that these services are delivered at an affordable cost. Through its efforts, the company contributes to improving access to electricity in rural areas, enhancing the overall infrastructure and quality of life for local communities.

Oui Carry

Seed Round in 2017
OuiCarry is a delivery service based in Senegal that facilitates the purchasing of products from international commercial websites for both individuals and businesses. Customers have the flexibility to select items from a wide range of online retailers, and for those lacking credit cards, OuiCarry offers to make purchases on their behalf. The company prides itself on delivering high-quality services at moderate costs, with expeditions from Europe typically taking less than ten days. Since its inception, OuiCarry has grown its customer base to several thousand and has received recognition for its services, including the Orange FAB prize in 2016 and a finalist position in the Great Entrepreneur Competition organized by the British Council. Alongside its core delivery services, OuiCarry also provides logistics solutions that simplify the export and import of goods, including customs clearance and storage, ensuring efficient transportation without prolonged waiting times for approvals.

SENAR Les Délices de Lysa

Venture Round in 2017
SENAR (SENégal Peanut) is a Senegalese family SME located in Dakar specialized in the processing and sale of nut products.
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