WIC Capital

WIC Capital is a private equity firm established in 2019 and headquartered in Dakar, Senegal. The firm focuses on providing financing and support specifically to women-owned micro, small, and medium enterprises (MSMEs) in Senegal and Côte d'Ivoire, addressing the unique challenges faced by these businesses in West Africa. By prioritizing investments in women-led companies, WIC Capital aims to promote economic empowerment and foster sustainable growth within the region.

Evelyne Dioh Simpa

Executive Director

4 past transactions

Acasen

Venture Round in 2024
Acasen is an agri-food company that focuses on the valorization of locally grown agricultural resources, including cereals, cashew nuts, peanuts, and potatoes. The company specializes in producing and marketing a variety of healthy snack options, primarily made from cashew nuts, peanuts, and potatoes. Acasen offers innovative snacks derived from infant flour made from corn, sorghum, wheat, rice, and soybeans, providing consumers with a wide range of flavorful choices. By emphasizing local agricultural resources, Acasen aims to deliver nutritious alternatives to traditional snacks while catering to modern dietary preferences.

Kwely

Seed Round in 2022
Kwely is an innovative startup that operates an online marketplace platform focused on the B2B sector. It specializes in offering wholesale products with options for customization and white-label solutions through collaborative production among various suppliers. The platform emphasizes quality service throughout the production and delivery processes. By leveraging technology, Kwely ensures accountability and transparency in payments, logistics, and marketing, thereby facilitating business growth for suppliers.

Mburu

Seed Round in 2021
Mburu is an African bakery brand focused on promoting local products in Senegal. The company specializes in the production and marketing of bread, pastries, and viennoiseries made from locally sourced raw materials such as millet, corn, sorghum, and seasonal fruits. Exclusively operated by women, Mburu empowers women's groups in rural areas by enabling them to process local cereals and produce baked goods, thus providing them with opportunities to generate income. Through its commitment to utilizing local resources, Mburu contributes to economic development in the communities it serves.

Les Ateliers Cuisine de Corinne

Venture Round in 2021
Les Ateliers de Corinne (LADC) is a cooking school that specializes in digital culinary marketing services. The organization utilizes digital platforms and strategies to promote cooking products and experiences. LADC enhances the online presence of culinary brands and restaurants through hands-on cooking workshops and classes, while also assisting in the planning and organization of various events, including cooking demonstrations, food tastings, themed dinners, and competitions. This approach enables clients to establish a strong market presence, build a loyal customer base, and compete effectively within the culinary industry.
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