In Sénégal, Teranga Capital is one of the implementing partners of I&P Digital Energy dedicated to financing and supporting start-ups and small businesses offering digital solutions for access to energy.
he energy sector is undergoing profound transformations that are reshaping the network’s structure, with the transition from a centralized to a decentralized power grid, from an unidirectional to a multidirectional flow of energy, and transitioning away from carbon-based sources to decarbonized alternatives. This evolution is also changing the focus from production-centered to a more consumer-centric network. In this context, digitalization plays a pivotal role in optimizing and enhancing the flexibility of this newly decentralized energy system.
This initiative helps to accelerate growth and support innovation for start-ups and SMEs in the energy sector. Ultimately, it should generate a financing leverage effect for start-up companies and offer new access to energy to 150,000 people, thus contributing to the emergence of new energy consumption habits.
I&P Digital Energy is the seed financing component of the Digital Energy Facility, funded by the European Union and implemented by the French Development Agency.
For West Africa, I&P is in charge of prospecting and monitoring target companies, in particular Teranga Capital for Sénégal.
I&P Digital Energy has 2 components :
Meet the financing needs of companies during their incubation or acceleration phase, for amounts of between CFAF 60 million and CFAF 300 million.
Strengthen the capacities of financed companies through training and expertise assignments (business plan preparation, administrative and financial management, coaching, etc.)
Eligible companies must meet the following criteria: