Burkina Faso: Impact investor announces two new deals
Sinergi Burkina, an impact investment fund in Burkina Faso, made two equity investments in early September: Palobdé, a company specialising in the production and marketing of reusable hygiene products; and Bioprotect, a production and marketing unit for organic farming inputs.
For Palobdé, an ambitious development project has been set up with the objective of:
– increasing its production capacity through the construction of a larger and more adapted production site, and through the acquisition of new machines and the control of the supply chain;
– implementing an effective commercial strategy to develop its B2C positioning and strengthen its B2B business.
For Bioprotect, the capital funding will support the entrepreneur in his vision to make agroecology and organic agriculture the dominant agricultural production model in Burkina Faso. By 2027, Bioprotect aims to reach 10,000 small farmers and provide access to organic and ecological products to at least 3,000 middle-income households.