World Impact Capital
World Impact Capital (WIC) was inspired by the Shona notion of a “Dura” meaning a “hut” traditionally used to store family assets such as the annual food harvest. A Dura is customarily owned by the woman of the household, who uses these assets as a security “safety net” for her family over the course of the year.
WIC Fund is an Impact Investment Fund offering an exciting investment opportunity in Southern African markets for sophisticated investors wishing to participate in one of the premier frontier markets growth stories of the 21st Century, earn market-rate financial returns and simultaneously create transformational social impact.
In addition to earning competitive returns, the Fund’s investments will be designed to help raise living standards and improve financial security for local communities, just as a Dura is intended to do for local families. We believe that market-rate financial returns and positive impact creation need not be mutually exclusive, but rather can be complementary and mutually reinforcing.
Southern African Development Community (SADC) countries include:
- Angola, Botswana, DR Congo, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia Seychelles, South Africa, Swaziland, Tanzania, Zambia, Zimbabwe
The ‘World Impact Capital’ name was chosen to reflect the World Impact Capital Vision of expanding economic opportunity for moderate and lower income groups by assisting women-owned and led Small & Medium-Sized Enterprises (SMEs) in the SADC region to scale up to become successful businesses and simultaneously generate measurable, positive social impacts and financial empowerment.