Impact fund backs five SMEs in Burkina Faso
The Sinergi Burkina impact fund, dedicated to support SMEs in Burkina Faso, has provided seed funding to five companies.
Created in 2014 by entrepreneurs and private players including fund manager Investisseurs & Partenaires (I&P), Sinergi Burkina is the first impact investment fund dedicated to the financing and support of SMEs and startups in Burkina Faso. Headed by Job Zongo, Sinergi Burkina is the second investment fund sponsored by I&P as part of the I&P Développement 2 fund.
Working closely with I&P, Sinergi Burkina finances companies with high growth and impact potential in all sectors and regions of Burkina Faso and aims to give entrepreneurs the technical and financial means to realise their growth projects.
The five companies which received investment are:
– MAÏA, a social company developing ointments to protect African populations from malaria
– BIOPROTECT, a production unit specialising in the production and marketing of organic inputs
– PRINCE DESSUTI INTERNATIONAL, a company in the textile and clothing craft sector
– MONSALON, a carpentry and interior decoration house
– AFRIK BOVIA, a cattle farm specialising in the production of cow’s milk
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