Investisseurs & Partenaires Launches New Agricultural Support Program in Africa
Funding | Mar 18, 2025 | Investisseurs & Partenaires
Investisseurs & Partenaires (I&P) has announced the launch of the I&P Acceleration FARM program, in partnership with Proparco, to support agricultural start-ups and small and medium-sized enterprises (SMEs) in Africa. The program, lasting over five years, aims to facilitate access to capital and provide necessary skills for business acceleration across six French-speaking African countries: Senegal, Guinea, Côte d'Ivoire, Cameroon, Uganda, and Kenya. It includes financial support through seed funding and technical assistance to around thirty small businesses and start-ups. The initiative is part of the Mission for Food and Agricultural Resilience (FARM), backed by organizations including the French Republic, EU, G7, and African Union, addressing food security in vulnerable regions. Local deployment is facilitated through I&P’s partner management companies working within the targeted countries.
Sectors
- Agriculture
- Private Equity
- Financial Services
Geography
- Africa – The program targets French-speaking countries including Senegal, Guinea, Côte d'Ivoire, Cameroon, Uganda, and Kenya, highlighting its geographical focus.
- France – The initiative is financed by Proparco, and supported by French governmental bodies, including the French Republic.
Industry
- Agriculture – The program is designed to support agricultural start-ups and SMEs, aiming to enhance food security and business innovation in Africa.
- Private Equity – I&P is a private equity firm, and this program involves financial investment aimed at supporting SMEs.
- Financial Services – The initiative involves financial support through seed funding mechanisms, a key aspect of financial services.
Financials
- 4 million – The amount financed by Proparco for the I&P Acceleration FARM initiative.
- Between 10,000 and 100,000 – The range of seed funding per company provided through the program.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Investisseurs & Partenaires | Initiator of the program | Company | A private equity firm focused on supporting small and medium-sized enterprises in Africa. |
| Proparco | Financier | Company | A subsidiary of the French Development Agency focused on private sector development. |
| Teranga Capital | Local implementing partner | Company | Capital investment fund managing partner in Senegal. |
| Gola Capital | Local implementing partner | Company | Capital investment fund managing partner in Guinea. |
| Fako Capital | Local implementing partner | Company | Capital investment fund managing partner in Cameroon. |
| Inua Capital | Local implementing partner | Company | Capital investment fund managing partner in Uganda. |
| Como Capital | Local implementing partner | Company | Capital investment fund managing partner in Côte d'Ivoire. |
| President of the French Republic | Initiator of FARM | Government | Part of the initiative along with the European Union, G7, and African Union to address the food crisis. |
| Ministry of Europe and Foreign Affairs | Supporter | Government | Supporting the initiative as part of the French government. |
| Treasury Department | Supporter | Government | Supporting the initiative as part of the French government. |