Paris, May 27, 2016
FIRST OPERATIONAL AND IMPACT EVALUATION FOR THE
4th ANNIVERSARY OF THE FUND I&P AFRIQUE ENTREPRENEURS
Launched in May 2012, the €54 million fund I&P Afrique Entrepreneurs (IPAE), managed by Investisseurs & Partenaires, currently counts 25 companies in portfolio, based in twelve Sub-Saharan countries. This fourth anniversary represents an opportunity for the team to assess the operational status of the fund and the impact performance of the companies supported by I&P.
Targeting small and medium companies with financing needs ranging from 300,000 to 1,5 million euros, IPAE portfolio includes twenty-five companies and is characterized by a strong geographical and sectorial diversity. We observe the strong development of IPAE partner companies, most of them recording a double-digit growth over the last year. Their turnover increased by 25% on average.
The fund has proven the viability of its model and has contributed, on its scale of operations, to the development issues in Africa. “This good track record confirms our development strategy and encourages us to pursue our efforts with a new fund succeeding to IPAE, so as to continue and develop I&P’s mission in favor of African SMEs and entrepreneurship” asserts Jean-Michel Severino, President of Investisseurs & Partenaires.