wCap – Women Capital

Gender Lens and Climate Impact Venture Capital Firm

We back the best women founders for the best returns.

We help women-led businesses access capital, knowledge, networks and markets they need to build and scale successful enterprises.


wCap Limited operates as a sector-agnostic gender lens venture capital firm with a preference for businesses offering climate solutions. By diversifying our portfolio across sectors and different countries, the firm aims to create a positive ripple effect on both the economic empowerment of women and the mitigation of climate change in the Southern Africa Region. At present, wCap invests in growth-stage (operating for at least 3-5 years) women-owned or led businesses in Zambia, Namibia and South Africa.


Investment Management: We Manage funds on behalf of qualified high-net-worth individuals, funds of funds, foundations, family offices, development finance institutions, pension funds, and financial institutions investing funds in alternative investments (early-stage businesses) offering blended financial and impact-driven returns.

Business Advisory Services: Our advisory work produces businesses that are optimally primed to receive investment funds required to support exponential growth. We believe women-led businesses create the critical engine for economic growth in Africa.

Transaction Advisory: This encompasses a range of consulting activities aimed at supporting companies throughout various stages of transactions, such as corporate bond issuances, mergers and acquisitions (M&A), divestitures, joint ventures, and restructuring. Our professionals provide strategic guidance, financial analysis, due diligence, and valuation expertise to help clients navigate complex deals and optimise outcomes.

Our requirement for investment is simply that at least one founder be female (or at least one woman in leadership and holding equity). We will however consider companies who might not be there yet but have plans to get there within 12 months.

Submit your company for consideration below.

News & Updates

In recent years, there has been a growing recognition of the critical role that women play in driving economic growth and development. Despite this, women
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Data from the World Banks shows in developing countries, small and medium enterprises (SMEs) make up 90% of the private sector and as such, they
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The Case for Investing in Zambian Women-led Businesses - A Fireside chat with Dolika Banda - Global Ambassador of the GSG moderated by Nyeji Chilembo
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