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I&P, this private fund that helps African SMEs grow

2023-01-03T17:53:05.297Z


DECRYPTION - From Mali to Uganda, the investor supports companies cut off from bank loans. Without the support of I&P, AgroServ Industrie SA would not have known such a boom in Burkina Faso. The first is an impact investment fund - aiming for inclusive and sustainable growth - dedicated to financing African SMEs. The second is a cereal trading company which started its activity in 2008 in Ouagadougou. In 2013, Siaka Kanon, the founder, had the idea of ​​setting up a small processing uni


Without the support of I&P, AgroServ Industrie SA would not have known such a boom in Burkina Faso.

The first is an impact investment fund - aiming for inclusive and sustainable growth - dedicated to financing African SMEs.

The second is a cereal trading company which started its activity in 2008 in Ouagadougou.

In 2013, Siaka Kanon, the founder, had the idea of ​​setting up a small processing unit.

Due to lack of access to bank credit, which remains very difficult in Africa for small businesses, often informal, he had to finance it with his own funds.

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This type of investment is considered too risky.

The banks require significant guarantees

, ”supports Aicha Zio Savadogo, who works for the Burkinabe fund Sinergi, partner of I&P.

Investing in local funds is one of I&P's levers for developing the local economic fabric.

Its trademark is also to target fragile countries.

I&P supports seven funds, based in Ivory Coast…

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Source: lefigaro

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