Investisseurs & Partenaires

Investisseurs & Partenaires (I&P) is a Paris-based impact investment group, established in 2002, focusing on African Small and Medium Enterprises (SMEs). With a team of approximately forty professionals across Paris and seven African offices, I&P provides long-term financing, strategic, managerial, and technical support to SMEs, fostering local value creation and job generation. Since inception, I&P has invested in over 90 companies across 16 African countries and various sectors, generating significant social, environmental, and governance impact. The group manages four pan-African funds totaling €135 million and sponsors five African impact funds, demonstrating its commitment to African development through impact investing.

Nouss Bih

Investment Manager

Sébastien Boyé

Chief Investment Officer and Executive

Jérémy Hajdenberg

Co-CEO and Member of the Executive Board

Past deals in West Africa

Lapaire

Venture Round in 2024
Lapaire Glasses Kenya Ltd. is a manufacturer and seller of eyeglasses, including prescription glasses and sunglasses, founded in 2018 and headquartered in Nairobi, Kenya. The company aims to improve access to affordable eyewear for the lower and middle-income populations in Africa, specifically targeting the 550 million people who need eyeglasses but face barriers to obtaining them. Lapaire offers free vision tests through mobile clinics and an online platform, along with 24/7 chat support, free delivery, and flexible payment options. Its services extend to customers in several African countries, including Uganda, Ivory Coast, Burkina Faso, and Mali. By leveraging innovative technology, Lapaire is committed to enhancing eye health and vision for its clients.

Afrikamart

Seed Round in 2022
Afrikamart is a West African distribution platform specializing in fresh produce, aimed at enhancing the efficiency of the agribusiness sector. It serves as a digital marketplace connecting producers and suppliers with retailers, hotels, and restaurants. By leveraging digital technology, Afrikamart facilitates the exchange of vital information, such as purchase prices, product availability, and forecasts, between suppliers and customers. The platform also organizes end-to-end logistics through a network of transporters and optimizes financial transactions based on different purchasing and payment terms. Committed to addressing inefficiencies in the food value chain, Afrikamart empowers underprivileged women and youth by providing them with economic opportunities while promoting fair trade practices through the use of artificial intelligence and advanced algorithms.

Zeepay

Series A in 2021
Zeepay Ghana Limited is a Ghanaian-owned mobile financial services company that specializes in integrated mobile payment solutions. Headquartered in Accra, Ghana, Zeepay offers a mobile money payment application that facilitates various financial transactions, including mobile money payments, bill payments, airtime top-ups, instant domestic money transfers, and international remittances. The company aims to serve both unbanked and banked populations by providing easy access to financial services and enhancing payment and collection processes. Zeepay operates as an aggregator, consolidating transactions from various players on a single platform and supporting the integration of different payment systems, including banks, merchants, and mobile network operators. Its platform is built on open-source technology, enabling seamless connectivity between mobile wallets, bank accounts, and other financial assets. Additionally, Zeepay offers services such as cash-in and cash-out, peer-to-peer payments, as well as loyalty and campaign management solutions.

XpressGas

Venture Round in 2021
XpressGas Limited operates in the liquefied petroleum (LP) gas sector in Ghana, focusing on the marketing and distribution of LP gas to a diverse clientele, including industries, public institutions, and commercial consumers. The company provides a range of services, including operational management for mini-refilling plants, bulk hauling, and transportation for oil marketing and LP gas companies. XpressGas also manages a fleet of bulk haulage trucks, facilitating the delivery of LP gas through various channels such as refilling stations, consumer service stations, and cylinder depots. The firm aims to offer environmentally friendly LP gas solutions, catering to both households and businesses, while promoting access to cleaner energy alternatives to traditional wood fuel. Based in Tema, Ghana, XpressGas is committed to bridging the energy gap in the region.

New Crystal

Venture Round in 2020
New Crystal Group Limited, founded in 2003 and headquartered in Ashaiman, Ghana, delivers a wide array of health care services specifically designed for the urban poor. The organization serves over 250,000 clients annually and has established itself as a national leader in the sector. Its comprehensive offerings include laboratory and diagnostic services, pharmacy, obstetrics and gynecology, emergency care, prosthetics, maternity services, offshore medical fitness certification, orthotics and bracing, ENT, physiotherapy, dietetics, pediatrics, family practice, dental care, ambulance services, and clinical psychology. This diverse range of services aims to address the health care needs of clients and their families effectively.

Rensource

Venture Round in 2020
Rensource Inc, established in 2015 and headquartered in Lagos, Nigeria, is a pioneering energy company that operates as a financial services business. It offers subscription-based solar power services to consumers and small businesses, generating electricity through small solar-hybrid systems installed on-site. Rensource provides tailored plans such as Go, Eco, Duplo, and Pro, catering to diverse energy needs. Central to its operations is an internal financing mechanism that funds these solar-hybrid systems and manages monthly collections from end-users. Rensource's mission is to transition Nigeria towards predominantly distributed, renewables-based power generation.

PEG

Series C in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.

PEG

Series C in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.

Golden Nuts and Grain

Venture Round in 2018
Golden Nuts and Grain is a producer of natural juices located in Dakar, Senegal. The company focuses on food processing, specializing in the creation of natural juices using locally sourced ingredients such as bouye, bissap, and ginger. By emphasizing these native products, Golden Nuts and Grain aims to promote health and well-being among consumers while providing them with authentic and flavorful juice options.

CoinAfrique

Corporate Round in 2018
CoinAfrique is a mobile application that facilitates the buying and selling of second-hand goods in Francophone Africa. Founded in 2014 and headquartered in Dakar, Senegal, with additional offices in Benin, Ivory Coast, and France, the platform serves as a classifieds service, allowing users to post and browse advertisements on both mobile devices and the web. CoinAfrique connects individual sellers and buyers, enabling them to engage in transactions for goods and services efficiently. The application aims to create a leading audience in the French-speaking market by making it easy for users to find what they need within minutes.

CoinAfrique

Series A in 2018
CoinAfrique is a mobile application that facilitates the buying and selling of second-hand goods in Francophone Africa. Founded in 2014 and headquartered in Dakar, Senegal, with additional offices in Benin, Ivory Coast, and France, the platform serves as a classifieds service, allowing users to post and browse advertisements on both mobile devices and the web. CoinAfrique connects individual sellers and buyers, enabling them to engage in transactions for goods and services efficiently. The application aims to create a leading audience in the French-speaking market by making it easy for users to find what they need within minutes.

PEG

Series B in 2017
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.

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.

COGELEC ENERGY

Venture Round in 2017
COGELEC ENERGY is a Senegalese company that focuses on electrical work and rural electrification. It provides services in electrical engineering, line construction, and the distribution of electromechanical equipment. The company aims to support commercial clients by facilitating the establishment of conventional grid connections, making these services accessible and affordable. Additionally, COGELEC ENERGY is involved in the supply, installation, and maintenance of both electrical and hydraulic equipment, contributing to the development of reliable energy infrastructure throughout the country.

Malian Laundry Society

Venture Round in 2017
Malian Laundry Company is a Malian company providing a complete linen maintenance service for hotels in Bamako.The company collects, cleans and delivers flat linen for its customers (bed linen, aprons, sponges, table linen, bath towels, etc.). The company has solid references and counts among its customers the largest hotels in Bamako, notably Azalaï, Radisson and El Farouk.

PEG

Series A in 2016
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.

PEG

Series A in 2016
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.

Careers and Lime of Mali (CCM)

Venture Round in 2016
Careers and Lime of Mali (CCM) is a Malian company specialized in the production and marketing of quick lime and agricultural lime.

Tincy Boulangerie

Private Equity Round in 2015
Tincy Boulangerie is an industrial bakery that produces and distributes bread to consumers in Cotonou. It distributes its product through a shop, a network of 24 kiosks, more than 50 shopkeepers and professionals from hostelry and restauration sectors. The bakery is launched in 2009. Initially conceived as a simple marketing exercise, the project proved to be a real success. In 2010, the turnover of the bakery exceeded the one of the consulting firm. Gatien Adjaboni is deeply involved in this new activity and has notably launched the National Association of Bakers of Benin, which gathers a dozen of professionals and represents to this day the only union in the sector.

Eden Tree

Venture Round in 2015
Eden Tree is a producer and distributor of high-quality fresh vegetables, fruits, and herbs in Ghana. The company aims to promote healthy eating habits by engaging in the production, hygienic packaging, and distribution of a diverse range of products, including cabbage, capsicum, and broccoli, along with various spices. By focusing on quality and safety, Eden Tree provides Ghanaian consumers with access to fresh and properly packaged food products at competitive prices.

PEG

Venture Round in 2015
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.

Voltacars Rental Services

Venture Round in 2014
Voltacars Rental Services Limited, established in 2003 and headquartered in Accra, Ghana, specializes in long-term vehicle rental and fleet management for businesses and institutions across West Africa, specifically in Ghana, Ivory Coast, and Senegal. The company offers a diverse range of new multi-brand vehicles, including sedans, 4x4s, pick-up trucks, minibuses, and small trucks. Voltacars provides a comprehensive service that includes all-risk insurance, ongoing maintenance, and technical support throughout rental contracts that typically last between 12 to 48 months. In the event of an accident, the company ensures a smooth insurance and repair process, offering clients replacement vehicles during maintenance periods. Additionally, Voltacars enhances its service with options such as drivers, tracking systems, and pan-African insurance, all supported by 24/7 telephone assistance for troubleshooting.

Acep Burkina

Venture Round in 2013
ACEP Burkina is a MFI specialized in the financing of micro companies and very small enterprises existing in towns and close suburbs. Granted credits are mainly used to finance required working capital and investments. I&P and ACEP International which are old partners have decided to partner in 2008 to try to start a microfinance institution like ACEP in the country. In spite of a preexisting important mutual fund present in town zone, small entrepreneurs remain hardly linked to microfinance. Besides, it does not exist for the moment in Burkina Faso, a microfinance institution specialized in individual credit with an effective and appropriate technique of credit risk analysis towards very small companies. Financings trough subventions have been secured from the French Agency of Development then an agreement has been obtained from the ministry of finances in June 2012. The microfinance institution has started its activities in October 2012.

Bakou Logistics

Venture Round in 2013
Bakou Logistics S.A. is a logistics service provider based in Bobo-Dioulasso, Burkina Faso, specializing in a comprehensive range of transport and customer-specific logistics services throughout West Africa. Established in 2006, the company offers cargo transportation, fleet services, bulk and tanker services, as well as value-added services including warehousing and distribution. Bakou Logistics focuses on optimizing transport and supply management for its clients, ensuring quality, safety, efficiency, and durability in its operations. The company employs advanced information systems and geolocation technology for real-time tracking of trucks and goods, while prioritizing security to enhance service reliability and client satisfaction.

Conergies Group

Venture Round in 2012
Conergies specializes in designing, engineering, installing, and maintaining air conditioning and industrial cooling systems, with a strong emphasis on energy efficiency and sustainability in the West African market. The company offers a range of products and services, including split inverters, building automation systems with remote monitoring capabilities, and integrated solar irrigation pumping systems. Conergies leverages over 30 years of operational experience in the region, ensuring its solutions are tailored to the unique needs of local customers. The company's commitment to professionalism, quality service, and ethical conduct is reflected in its trained workforce, which adheres to relevant laws and regulations. By optimizing energy performance and reducing consumption, Conergies aims to enhance the operational efficiency of buildings while remaining at the forefront of technological advancements through partnerships with global experts in the field.

Sofamac

Venture Round in 2012
Sofamac SA is a manufacturer based in Dakar, Senegal, specializing in the production of terracotta tiles and clay bricks. Founded in 2012, the company focuses on producing clay construction materials primarily for local use. With a commitment to quality, Sofamac aims to meet the demands of the construction industry in its region.

Delta Irrigation

Venture Round in 2012
Delta Irrigation SA, established in 2012 and based in Saint-Louis, Senegal, specializes in the design, manufacture, and marketing of hydraulic systems for the agriculture industry. The company offers a range of products including pumps, filters, pivot systems, and sprinklers, all aimed at enhancing irrigation and water treatment processes. In addition to product sales, Delta Irrigation provides education, installation, and maintenance services, helping clients optimize water usage for agricultural purposes. Through its comprehensive approach, the company supports efficient water management in the region's farming practices.

CDS

Venture Round in 2011
Established in 1980, CDS is a corporate citizen that works for everyone's access to water and electricity services. CDS offers optimized solutions via renewable energy, from the stand-alone kit to custom hybrid systems. Through effective collaboration with its partners and customers, and constant concern for the quality and viability of installed systems, CDS carries out sustainable projects. Leader in solar energy in Mauritania, it works on three complementary activities: Delegation of public services in rural areas Supply and installation of solar kits for access to water and electricity for household and collective use Implementation and follow-up of works

Fides Microfinance Senegal

Venture Round in 2011
Fides Microfinance Senegal is a microfinance institution dedicated to offering financial services to both urban and rural populations in northern Senegal. With its headquarters in St. Louis, the institution provides a range of services, including solidarity and individual loans, savings, insurance, and mobile banking. It has established offices in Luga and Touba, with plans to open an additional agency annually in the northern region, which currently has limited financial offerings compared to Dakar. Fides Microfinance focuses on supporting previously unbanked micro-entrepreneurs, helping them to develop self-employment strategies. Additionally, the institution specializes in financing small agricultural equipment, such as motor pumps and irrigation systems, contributing to the growth of local economies. With the backing of FIDES consultants, Fides Microfinance aims to strengthen microfinance initiatives in rural areas.

Duopharm

Venture Round in 2010
Duopharm, established in 2003 through the merger of nearly 150 Senegalese pharmacists, operates as a distributor of pharmaceutical products in Senegal. The company has significantly impacted the local pharmaceutical landscape by leveraging a proximity marketing strategy. Operating within a highly competitive market dominated by European multinational firms, Duopharm benefits from the robust growth of the Senegalese pharmaceutical sector, which has seen health spending per capita rise sharply since the early 2000s. The number of drugstores in the country has doubled since 1999, contributing to an annual market growth rate of approximately 6%. Duopharm supplies private pharmacies and drugstores, and also promotes its products through mobile and online channels, adapting to the evolving landscape of pharmaceutical distribution.

CAT Logistics Niger

Venture Round in 2010
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.

Nomad

Venture Round in 2009
NoMAD (Le Nouveau Modèle Africain de Distribution), imports goods and offers a wholesale self-service to professionals in Benin. Nomad is now the main provider for traditional groceries and local minimarkets. In 2008, Nomad signed a master-franchise agreement with the French distribution group Casino. Since then, it undertakes the brand implementation in local stores in Benin. Nomad found its place in a market shared between family monopoles destined to the upper-class and the expatriates on one hand and informal corner shops on the other.

Carotech Bénin

Venture Round in 2009
CAROTECH Benin produces outside tiles, pavement blocks and other construction cement-based inputs. These are processed without any thermal energy. Carotech’s sector of activity is lifted by a swelling urban expansion in Benin and various state programs to renovate public infrastructures. The products are addressed to a diversified clientele: individuals, public collectivities, private companies.

Colaser

Venture Round in 2007
Colaser is an ophthalmologic clinic based in Senegal that serves a diverse clientele, including individuals, employees under healthcare programs, retirees, middle-class citizens, and foreign patients. Established with a commitment to quality care, the clinic has maintained steady growth since its inception, conducting approximately 10,000 consultations and 1,400 medical procedures annually. Among these procedures, it specializes in 110 retinal detachments and an equal number of refractive eye surgeries. Colaser has emerged as a leading ophthalmologic center in West Africa, renowned for its advanced equipment and expertise. It provides essential medical services that reduce the need for patients to travel to Europe for diagnostics and treatment, establishing itself as a benchmark for ophthalmological clinics in the region and attracting patients from neighboring countries.

Saphar

Venture Round in 2006
Saphar, a Nigerian company established in 1999, is the third largest pharmaceutical distributor in the country, after two subsidiaries of international groups. The company supplies the rural and public hospitals in Niger with generics. The project initially aimed to improve the offer in these underserved areas.

Acep Cameroun

Venture Round in 2005
ACEP Cameroun S.A. is a microfinance institution established in 1999, based in Douala, Cameroon. It was initiated by the Government of Cameroon with support from the European Union and the Agence Française de Développement, transitioning from a project to a public limited company in 2005. ACEP Cameroun focuses on providing micro credit lines to foster the growth of very small enterprises, primarily in urban areas, and offers funding options to a diverse clientele including public officials, retirees, and business groups. The institution operates within the ACEP International network, utilizing methods and technologies developed by ACEP Développement, and has expanded its reach through subsidiaries in Senegal and Madagascar.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.