Think and act for entrepreneurship in Africa

Awu Morgane

Morgane AWU est chargée de communication du programme I&P Accélération au Sahel depuis mars 2020.

Basée aujourd’hui à Abidjan, Morgane a été chargée de mission au sein de Empow’Her Côte d’Ivoire, une ONG œuvrant pour l’autonomisation de la femme à travers l’entrepreneuriat pendant 8 mois. Elle a ensuite rejoint la famille I&P en travaillant d’abord en tant que chargée de projets au sein du Club Africain des Entrepreneurs pendant 1 an.

Morgane est titulaire d’un master en développement économique et social à l’IEDES-Université Panthéon-Sorbonne.

Acceleration programs: a miracle solution for early-stage companies? (2/2)

In recent years, “acceleration” programs have proliferated on the African continent. What lies behind this trendy concept? What does an acceleration program bring to a company? After having explored the…

In recent years, “acceleration” programs have proliferated on the African continent. What lies behind this trendy concept? What does an acceleration program bring to a company?

After having explored the different facets of acceleration programs currently deployed on the African continent in a first article (available here), we will focus here with a practical case study of a company benefiting from an acceleration program, with a joint-interview of Mohamed Diaby and Ybrahim Traoré, CEO and co-director, respectively, of Citrine.

Founded in 2014, Citrine Corporation is a company based in Grand-Bassam, southern Côte d’Ivoire, specializing in the production and marketing of Zatwa brand agricultural products in the sub-region, Europe and the United States.

Like many young African companies, Citrine has had great difficulty accessing “traditional” financing (bank loans, equity investments, etc.). However, since 2020, the company has benefited from the I&P Acceleration program in the Sahel (IPAS), which has provided financial resources (seed funding in the form of a repayable advance to meet operating expenses, pilot phases, market testing, research & development, equipment purchases), as well as technical support to strengthen the team’s skills in various areas.

 

What is your business plan ?

Mohamed Diaby : From the very beginning, our intention was to promote the local dishes and cultures from the southern region of Côte d’Ivoire, where we both come from.

Ybrahim Traoré : Our ambition was also to show young Africans that you don’t need to leave the country to succeed. Starting a business and creating jobs is a way to deal with the problem of clandestine migration, which is occurring in several African countries. This is why our business is not limited to import-export: we ensure not only the marketing phase but also the production phase of cereals, fruits and vegetables, such as placali and attiéké, which are produced in the Grand-Bassam region and widely consumed by Ivorians in Côte d’Ivoire and abroad. We have also created our own brand, Zatwa Impex.

 

How did you come up with this idea?

M. D. : We met at the university during our graduation cycle. To complete our degree, we needed to find a work-study program, but we chose to go directly into entrepreneurship.

We thus started this project based on the following observation: the entire distribution circuit of African products and foodstuffs (attiéké, smoked fish, etc.) was run by non-African communities. In France, for example, these grocery stores are owned by the Asian community. We thought this was a shame… and that’s how the journey started.

Y. T. : We didn’t intend to only produce and sell attiéké but also to guarantee the quality of the products put on the market. The company is doing well. When we started, we had about ten employees, 90% of whom were women. Today, we have about 60 permanent jobs and we employ up to 100 people during the production period.

 

Your company has been supported since 2020 by the I&P Acceleration in the Sahel program. What does this partnership bring you ?

M. D. : I would say many things! We had approached the Ivorian fund Comoé Capital a few years ago, but we were not quite ready yet. The opportunity for partnership arose thanks to the launch of the I&P Acceleration in the Sahel program, led by Investisseurs & Partenaires and financed by the European Union.

Today we owe a lot to the team that follows up and gives us very useful advice. I&P and Comoé Capital helped us to carry out our market study on cassava products (such as attiéké and placali mentioned previously) which allowed us to confirm their sales potential, in Côte d’Ivoire and with the African diaspora (from Congo, Niger, Ghana, Benin…), who also consume a lot of cassava. Then, the program allowed us to increase our production capacity with the help of production equipment (ovens, machines, packaging, a crusher, raw materials).

Y. T. : The program’s support also allows us to lighten the workload of our staff. Our employees work full time but produce much more. They can now produce two containers in a month, instead of one. The workload is less tiring but they earn a lot more because it gives us the opportunity to increase their wages. They rely heavily on us and on their job because it helps them support their family needs.

Thanks to the I&P Acceleration program, we have been able to expand our production capacity with a lighter, less tiring workload for our employees and a higher salary to boot.

 

What’s next ?

Y. T. : The program’s support will help us tackle environmental issues. For example, we are going to benefit from a technical assistance mission* for the recycling of waste. We will be able to recover and transform cassava skins and starch into bio-gas.

M. D. : In the medium term, we’d like to consolidate Citrine’s position on the local market. It is important for us to strengthen the sale of our products in markets and supermarkets and contribute to food security in Côte d’Ivoire.

L’appui du programme nous permet de nous attaquer aux questions environnementales. Nous bénéficions d’une mission d’assistance technique pour mesurer l’efficacité de toute notre chaîne de production.The program’s support allows us to address environmental issues. We have a technical assistance mission to measure the efficiency of our entire production chain.

 

 

Keywords

Acceleration: Mentoring, financing or networking services provided by private actors (investment funds, incubators, etc.) and financial backers to small businesses to support them in their start-up phase.

Seed: All the resources granted to a company to meet the expenses related to its start-up (working capital, operating expenses, research and development, purchase of equipment and technologies) and to prepare it for fund-raising.

Technical assistance: All non-financial resources granted to the managerial and/or operational teams of a company to strengthen their skills in several areas (strategy, financial and/or fiscal management, marketing, production, etc.). Generally, technical assistance takes the form of training (individual or collective) or support missions carried out by an expert

 


[1] I&P Acceleration in the Sahel, launched in 2020, is a program deployed by the Investisseurs & Partenaires group and funded by the European Union. The program targets 13 countries in the Sahel sub-region and provides start-ups with access to the financing and skills necessary to enable their development and thus promote the creation of decent jobs.

[2] HACCP (Hazard analysis Critical Control Point) is the main platform of international legislation concerning manufacturing for all actors of the food industry. The HACCP aims to validate the implementation of the food safety system.

No Comments on Acceleration programs: a miracle solution for early-stage companies? (2/2)

A conversation with Bachir Rockya Lahilaba, founder of Sahel Délices

The covid-19 pandemic has led to the implementation of lockdown measures in many African countries. These had a deep impact on economic activities, particularly on small and medium-sized enterprises. In…

The covid-19 pandemic has led to the implementation of lockdown measures in many African countries. These had a deep impact on economic activities, particularly on small and medium-sized enterprises.

In this context, I&P, FERDI and the Club Africain des Entrepreneurs are working together to produce a series of articles studying how African SMEs are coping with the health and economic crisis and the measures to be taken to help them overcome the crisis.

The first article in this series relates the story of Mrs. Bachir Rockya Lahilaba, founder of the Nigerien company Sahel Délices. Launched in 2015 Sahel Délices seeks to enhance the value of local agricultural resources. Juices based on local plants such as bissap or baobab are the flagship products of the company, which also produces herbal teas, spices and jams.

 

How did you get through the health and economic crisis of Covid-19 these last few months? What have been the impacts on Sahel Délices?

When the number of Covid-19 cases began to increase a few months ago, we quickly realized that this crisis would also directly affect the African continent. At first, everyone was afraid. We had to close Sahel Délices for a while to see how the situation would evolve. But gradually the fear was overcome, the shop opened again.  We decided to continue the activity, following the sanitary measures and all the instructions of the government.

Several difficulties emerged as the crisis unfolded:

The first difficulty was the supply of fresh ingredients. Niamey had been isolated from the rest of the country during lockdown, but all the fresh products come from rural areas. Women normally come from surrounding rural market to sell their products in the city, but they could no longer move around because there were no buses between the villages and the capital. This led to an increase in the price of commodities such as baobabs, tamarins, hibiscus, etc.

The supply of packaging was the second problem. The packaging we use comes from Nigeria, but the border was closed due to the pandemic, and the costs have risen sharply. Sahel Délices tried to adapt by buying bottles made here in Niger, but the local production does not have meet our usual quality standards, some customers were not satisfied.

Third problem: during the first two months (March, April), our deliverymen often forgot to wear masks and gloves. At the production level, there were no problems since masks and gloves were already mandatory, but we had to be very careful with the deliverymen because they were not used to it. Customers rejected the order if the deliverymen did not comply with these conditions.

In addition, Sahel Délices had to cope with a decline in sales. Our flagship products, the fruit juices, usually sell better during the hottest periods and during the month of Ramadan. The curfew, set at 7 pm, limited consumption time. Besides, most people had to cut back on their expenses, having spent so much in health supplies and provisions.

Gradually the fear was overcome, the shop opened again.  We decided to continue the activity, following the sanitary measures and all the instructions of the government.

 

Did you receive any support during the crisis?

Sahel Délices is financed by the fund Sinergi Niger since 2019, and this partnership has brought us a lot in terms of financing and support. We regularly hold management boards, which allow us to take full advantage of the team’s experience! These boards have always been maintained, even at the height of the crisis.

Sinergi helped us to acquire some new equipment. In 2015, our production was totally artisanal, but it is gradually being transformed into semi-industrial production. Before the arrival of the Covid, Sahel Délices had planned to launch a low-price range of juices to reach smaller consumers, but the crisis postponed the launch.

 

What kind of support do you need today, considering the context?

Sahel Délices is a company that started on equity capital thanks to our partners, Sinergi Niger and the French Embassy. Today, we would like to promote our products throughout the country and, in the medium term, in the surrounding countries. The solutions proposed by the government are not very adequate.

Financially speaking, we were able to benefit from subsidies and everything was fine in terms of loans and repayments before the covid-19 crisis. The government’s response to help the private sector mainly consists of granting credits to SMEs and large companies. But is credit a solution for SMEs? These companies are often already struggling to cope with prior debt. This option seems to deepen the problems rather than solve them.

As far as Sahel Délices is concerned, we are not really expecting subsidies or grants, but we need support to develop our sales and a marketing plan, including communication and marketing materials. This would really help the company get back on its feet!

 

A final word or concluding remark?

I would just say that this situation is difficult for everyone. 2020 is the hardest year experienced by Sahel Délices so far. We are well aware of the problems posed by this crisis. For the first time since its creation, Sahel Délices is unable to meet some of its commitments. But we should not give up. Solutions exist, we need to identify or create them. The most important is to put an end to the paralysis. The life of an entrepreneur is a constant struggle: the key is adaptation.

But we should not give up. Solutions exist, we need to identify or create them. The most important is to put an end to the paralysis.

 

No Comments on A conversation with Bachir Rockya Lahilaba, founder of Sahel Délices

Voices of African women entrepreneurs (1/2): Patricia Zoundi Yao and Catherine Krobo-Edusei

65% of the wealth of the African continent is produced by women entrepreneurs according to the latest study published by the Roland Berger consulting firm at the end of September…

65% of the wealth of the African continent is produced by women entrepreneurs according to the latest study published by the Roland Berger consulting firm at the end of September 2018. In sub-Saharan Africa, women produce 80% of the continent’s agricultural commodities and represent 70% of the continent’s agricultural force. 24% of African women aged 18 to 64 have started a business (compared to 17% in Latin America, 12% in North America, and 8% in Europe and Central Asia).

Despite these facts, African women still face many inequalities, particularly in terms of access to employment, remuneration and overall access to economic resources. What a contradictory situation… On International Women’s Day, the blog offers you 4 portraits of African women with inspiring stories!

 

Patricia Zoundi Yao

 

Patricia, who are you?

I am Patricia Zoundi Yao, an entrepreneur at heart as I like to define it. I head three structures, operating in different sectors of activity but all targeting people at the bottom of the pyramid. In 2009, I founded Quickcash, a money transfer service for the rural world. We are now transforming ourselves into an Agency Bank considering the needs and competition observed on the ground. This will allow us to dematerialize traditional banking services in rural villages. I also created Digital Hub, which offers digital services to young and connected customers. Finally, I work since 2014 in a structure dedicated to the agricultural sector, Canaanland. Since 2014, I have also been working in an agricultural sector structure, Canaanland, which provides support for women farmers (70%) and young people (30%). We train them to sustainable farming techniques and organic farming, and we support them in the marketing phase. Within 3 years, we plan to launch 5 franchises in Côte d’Ivoire and Liberia, which will follow three key principles: 0 deforestation, 0 pesticides and 100% inclusive. Small producers in particular are systematically included in our value chain.

 

Why did you choose the rural sector?

I myself come from the rural world. My parents are farmers, and I worked very early in the village-based business run by my mother. I only discovered Abidjan after my baccalaureate: I found it too modern and it has been difficult to find my place. In my entrepreneurial activities, I naturally turned to what I knew best. When I started my activities, I had not heard of the concept of “social entrepreneurship”. I learned about it for the first time around 2013-2014. I was doing something I loved, period. I have always been immersed in this environment, where people are actually sincere: they are not restricted, they are real.  You see the effort, the energy they give out, even if they are extremely poor.

 

What difficulties did you face as a woman?

Honestly, I didn’t have any problems related to my status as a woman. For me, being a woman is not a problem, it’s even an asset. I consider that this has given me essential skills and qualities to succeed in entrepreneurship: perseverance, the fact that you are the one who gets up a little early, who goes to bed a little late…

Of course, I faced difficulties throughout my career, but they are related to the business, not to the fact I’m a woman. Once again, I think it has rather helped me. Women can handle many things at the same time: the house, the kids. That’s why rural women are my role models: they manage to work in the field, take care of the children, the kitchen, the household… I’ve also heard that women are more passionate and dedicated than men… I don’t know if that’s true, but at least I am a passionate person! What drives me is to offer opportunities to women and young people, especially in rural areas, where there is not much going on. Sometimes we feel that success models are only found in urban areas.

 

An advice to give to (future) women entrepreneurs?

My advice is to get started, because we will never be “fully ready”. There is never a “good time”. We don’t know in 5 years what the new focus will be, but these days you can find training and financing opportunities fully dedicated to women. It is also important to focus on the solutions and not the problems. It’s very valuable to see things in a new perspective and take the leadership. Believe me, you have the skills and resources to get started and succeed!

 

 

Catherine Krobo Edusei

 

Who are you?

I am Ms. Catherine Krobo Edusei, I am 57 years old and I am a managing Director at Eden Tree Limited. Eden Tree is a leading producer and distributor of high-end fresh vegetables, fruits and herbs in Ghana.

 

Did you experience any difficulties because you are a woman? If yes, can you give us some examples?

It was difficult getting finance facility from the banks and venture capital funds at the beginning, for which if I had been a man it would have been possible. I also experienced difficulties working with men from certain tribes due to their outlook on what a Woman’s place should be.

 

Who are / are your model (s)? Why?

Oprah Winfry, Mia Angelou, Yaa Asantewa, Mrs Clinton were and are very strong women not afraid to shatter the glass ceiling. It is true that a woman has to fight twice as much as a man, cause men network in their various clubs, where opportunities are scooped up. So far Women do not do too well regarding networking and sharing opportunities amongst themselves.

 

An advice to (future) women entrepreneurs?

They should give it their all, focus, work hard, believe in themselves and they will not regret it.

No Comments on Voices of African women entrepreneurs (1/2): Patricia Zoundi Yao and Catherine Krobo-Edusei

Voices of African women entrepreneurs (2/2): Sylvie Sagbo and Sokhna Ndiaye

On this International Women’s Rights Day, let’s continue our exploration of inspiring women’s entrepreneurial paths. In this second part, we interviewed two Senegalese women entrepreneurs: Sylvie Sagbo, who, after several…

On this International Women’s Rights Day, let’s continue our exploration of inspiring women’s entrepreneurial paths. In this second part, we interviewed two Senegalese women entrepreneurs: Sylvie Sagbo, who, after several international experiences, took over the Senegalese company founded by her mother, and Sokhna Ndiaye, involved in several associations and companies operating in the health sector.

 

Sylvie Sagbo

 

Since 2015, Sylvie Sagbo has been managing SENAR Les Délices de Lysa, a Senegalese SME that processes peanuts and cashews. Since 2015, Sylvie Sagbo has been managing SENAR Les Délices de Lysa, a Senegalese SME that processes peanuts and cashews. She holds a master’s degree in finance and market management from the Ecole de Gestion de Paris, and worked for 18 years in market finance (asset management, portfolio management in banks, etc.). She then opened a restaurant of African cuisine in the Paris area. She finally returned to Dakar to join the company founded by my mother in 1982, at a time when she wanted to gradually withdraw from the company.

 

Why did you decide to become an entrepreneur?

I think I have always had this entrepreneurial spirit, and it shows through my career: when I was working as a self-employed consultant, when I started the African cuisine restaurant with my husband, and of course when I took over SENAR, the company founded by my mother. I grew up with this company, and I have always been involved in it, even though I was far away. So it was a logical step to take over the structure, and it was very motivating because I knew that we could make it a very successful company.

Have you experienced any difficulties because you are a woman?

It is possible that my funding application was refused in the past because I am a woman, but this has never been made clear to me. I have worked with two sales managers who have never accepted that I tell them what to do and I think this is was related to the fact I’m a woman.

How do you see yourself in ten years?

In ten years’ time I see myself at the head of a large Senegalese African company, a leader in the distribution of cashews in Africa and throughout the world. I think we are on the right track because we produce high- quality and healthy products. Recently we created a created a spread called Cajoutella, which has nothing to envy to its distant neighbour (laughs)!  And I have many other ideas for my company!

An advice to (future) women entrepreneurs?

You have to fight. An entrepreneur must fight in any case, but a woman entrepreneur will have to fight twice as hard because as a woman she has to manage many things at the same. When you want to start a business, you shouldn’t start just like that with an idea: you have to perfect your idea, conduct a market study, even a minimal one, to develop your business model. Why do I want to do it? Who am I targeting? What turnover do I hope to achieve? This thorough analysis is really necessary. Once it’s done, you will have to run your business with your guts, to be truly passionate about it! There is no reason, in these conditions, that a woman could not succeed. But it takes a lot of courage. It’s not a simple life, there are many ups and downs, especially in Africa. There are many women entrepreneurs today, and tomorrow there will be many more… New and inspiring role models will emerge!

 

Sokhna Diagne Ndiaye

 

Who are you?

I am Sokhna Ndiaye, I own a pharmacy in Dakar and I’m the Chairman of the Board of Directors for the company Duopharm. Duopharm has partnered with Investisseurs & Partenaires between 2010 and 2017, and it went really well. I also chair the board of directors of the University of Health Sciences, which trains pharmacists, doctors and dentists in Senegal. I am also a member of several foundations: Vice-President of the Senegalese League against Cancer, President of the Graduates Commission of the Cheick Antia Diop University Foundation, representative in Senegal of the Monaco Humanitarian Collective where I represent the Monegasque Red Cross and the Association Rencontres Africaines. In parallel I have a few social activities in the education sector…

How do you manage to balance your personal life with this very busy professional life?

Very good question! I guess it’s just a matter of organization. There are 25 employees in my pharmacy. It’s no easy task to manage, but we put in place a well-organized system.  Everyone one of them has specific tasks and missions to attend to. As for Duopharm, I am deeply involved but I don’t run the business myself, which allows me to have more time to dedicate myself to other social activities that are extremely important to me.

To be a woman, is that an asset or an obstacle in the professional environment?

Regarding my activities on social issues, notably my experience with the Senegalese League Against Cancer, I would say that being a woman gives a little more sensitivity. In Senegal, women play an important role. There have been significant advances.  Women in Senegal have practically taken over the social sector and I think that being a woman is an advantage in coordinating these activities and movements.

An advice to (future) women entrepreneurs?

Women should have more confidence in themselves and their capacities. In Africa, women could play a greater economic role, they are not second-zone citizens! I think it is up to women to keep fighting, to show that every time they are given a task, what they are able to do it and do it well. I think the results are visible on a global scale: every time a woman is entrusted with management in specific areas, the results, the performance are better than those of men. There is no reason to be afraid of being a woman. A woman must assert herself, fight, work and give more results than men.

No Comments on Voices of African women entrepreneurs (2/2): Sylvie Sagbo and Sokhna Ndiaye

Type on the field below and hit Enter/Return to search