On May 6, 2025, impact fund Teranga Capital raised $3.4M (CFA 2B) to expand into Mauritania, Guinea-Bissau, and Cape Verde. Backed by FONSIS, I&P (IPDEV2), CFYE and Julie Dumortier, this first round targets a total raise of CFA 5-6B. Founded by Olivier Furdelle and Omar Cissé, Teranga Capital supports high-potential SMEs with equity and strategic guidance.
