Societal due diligence
Projects are audited to assess their quality and potential; to this end, we are supported by our incubator networks and universities active in West Africa to determine the project’s scale of impact and innovation
Project detection in West Africa (Togo, Benin, Ghana, Ivory Coast, Senegal, Mali)
Finance engineering : proposal of responsible co-financing models (public funds / private funds); creation of consortia
throughout deployment in order to track the efficient allocation of funds and the implementation of the project until its actual success, as well as coaching and training project promoters to improve the project performance and impact.
Eager to accelerate collaborative and co-development measures to promote the quality and impact of projects, we have created the NYO Open Collaboration Platform, to establish contact between project promoters, associations, experts, coaches and academics.
We work on a fee pay basis, depending on the size of the project.
We keep actions dedicated to the development of African micro-entrepreneurship or micro-associations within our scope: they remain volunteer based.
We work alongside :
• European public organizations (European Union, French development agency ...) towards their development projects of the African continent.
• More and more private investors and investment funds to turn towards Africa, for their societal development projects and sponsors.
• European foundations and associations.
Management: Abbas Djobo
Expert in financing innovative and influential projects, Abbas Djobo was the Associate director of one of the European leaders in consulting. He was in charge of developing and managing one of the Group's SBUs and then that of its international subsidiaries (Canada, UK, Poland, Czech Republic, Hungary, Belgium, Germany, Spain, Italy, Portugal). With a Master's degree in Business Law, at Paris V (Université Paris 5 René Descartes) and the Fletcher School of Law and Diplomacy, a Finance Certificate for executives at HEC Paris, he has followed various financing and engineering courses with development projects in the United States, Boston University, Harvard Kennedy School, Europe (University of York, Graduate Institute, Geneva Sciences Po Paris) and Africa (University of Cape Town, ISM Dakar).
NYO has formed a referral committee, or committee of wise men, which takes responsible and ethical action when it comes to
• the transparency of practices
• treatment equality
• project reliability and honesty
• social impact measurement
Both towards the financers and project promoters to create the best possible partnership; and the project itself, responsible for the change and impact towards the development of its ecosystem.
Nyo is also the conviction that it is possible to accelerate, to strengthen the development of the African continent. Our determination to move forward, our financiers’ determination, the determination of entrepreneurs and associations to grow.
Ultimate driving force of our actions, which pushes us forward; passion of foundations and NGOs for the development of Africa
Whether technological, social or organizational, innovation is what drives our actions. Seeing things differently is the beginning of impact. Specifically, it reflects a certain form of intelligence both from our project promoters and the methods we use to find solutions in the field, moving the project forward and making it happen.
Our partner in Abidjan in Côte d'Ivoire: detection, support and reporting
Incubator in Djibouti (Technology and Innovation Center for Development)
Incubator in Niamey Niger (SME incubator center in Niger)
Fond d’amorçage du Cipmen
in partnership with the French Embassy in Niger