Profile
WIC Capital is a venture capital firm based in Dakar, Senegal, founded in 2019 by the Women's Investment Club Senegal. The firm is dedicated to supporting female entrepreneurs in Francophone Africa, providing financial resources and technical assistance to micro, small, and medium enterprises owned or led by women. WIC Capital's team consists of 11 professionals, including 2 partners, who work to enhance the economic empowerment of women through strategic investments and a robust mentoring network.
The firm invests across various sectors, including agriculture, food and beverage, and consumer services, with a focus on companies that have a significant female leadership presence. WIC Capital offers equity and quasi-equity investments, although specific check sizes are not disclosed. The firm primarily targets investments in Senegal and Côte d'Ivoire, leveraging partnerships with local and international investors to maximize impact.
Notable investments by WIC Capital include companies such as Acasen - food products, Esteval - beverages, and Calinounou - other services. The firm collaborates with partners like USAID, the Mastercard Foundation, and FMO to foster growth and sustainability in its portfolio companies.
Industry
WIC Capital Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Women-Led Enterprises Fund
|
Agriculture
Business Services (B2B)
Consumer Services (B2C)
Retail
SaaS
HealthTech
|
Seed
Series A
Series B
|
Africa
|
$1-5 m
|
—
|
September 2026
|
Contacts
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