Altree Kadzi Gender Climate Fund

The Altree Kadzi Gender Climate Fund is an impact vehicle managed by Altree Capital, a woman-led investment firm focused on blended finance and gender-lens investing across Sub-Saharan Africa. Launched in 2023, the fund was created to address the structural funding gap facing women-led enterprises and climate-focused businesses in the region, with a fundraising target of between $50 million and $80 million. The fund meets the criteria of the 2X Challenge, a leading global initiative requiring investments to meet minimum thresholds for gender inclusion, female leadership, and economic empowerment.

The fund's investment strategy employs a flexible capital stack that includes equity, debt, mezzanine, convertible notes, and revenue-based financing — a structure designed to match the diverse needs of early-growth companies in Sub-Saharan African markets where standard venture capital or buyout instruments are often poorly suited. Each investment is underwritten against both financial return targets and quantitative gender and climate impact metrics embedded throughout the investment process. The fund targets ventures that address climate adaptation and mitigation in Africa while centering women as entrepreneurs, employees, or primary beneficiaries, with exposure to sectors such as electric mobility, women's health, clean energy, and sustainable agriculture.

Altree Capital received a grant from the Climate Gender Equity Fund (CGEF), a public-private partnership co-led by USAID in collaboration with Amazon, Reckitt, Skoll Foundation, The UPS Foundation, and Visa Foundation. The fund has already backed five portfolio companies, including Wahu! Mobility, an electric vehicle venture operating in Ghana and Togo, and Kasha, an e-commerce platform focused on women's health and personal care products. The fund had raised approximately $790,000 in first-loss and grant capital at last public report, with the broader institutional raise continuing to target pension funds, development finance institutions, and impact-focused LPs globally.