About This Fund
The Altree Kadzi Gender Climate Fund (AKGCF) is an impact-focused blended finance vehicle managed by Altree Capital, targeting early- to growth-stage companies in Sub-Saharan Africa that advance gender equality, women's empowerment, and climate adaptation and mitigation. Established by Altree Capital — an investment manager founded in 2006 by Jenni Chamberlain with a long-standing commitment to driving international capital into Africa — the fund represents one of the continent's few vehicles explicitly combining gender-lens investing with a climate-smart mandate across a single portfolio.
The AKGCF targets a raise of between USD 50 million and USD 80 million, deploying capital through a mix of equity, debt, mezzanine, convertible notes, and revenue-based financing. This multi-instrument approach is designed to de-risk investments across the capital structure and reach companies too mature for traditional venture capital but too early for conventional private equity. At least 60 percent of the portfolio is directed at businesses addressing climate adaptation and mitigation, while 40 percent focuses on women's health. Every investment must qualify for at least three of the 2X Criteria for gender-lens investing, ensuring a rigorous, measurable approach to gender impact across the portfolio.
Key portfolio companies include 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. Altree Capital maintains offices in Bermuda, the United Kingdom, South Africa, and Kenya, providing hands-on investor support across the regions where the fund operates. The AKGCF has received backing from the Climate Gender Equity Fund (CGEF) and support from the Visa Africa Women's Investment Fund (AWIF), validating the fund's blended finance approach and commitment to gender and climate impact in emerging markets.