Investment criteria webmaster@wangara February 6, 2020

Investment criteria

Priority Sectors

Our aim is to provide green businesses with patient capital and technical assistance with a  focus on long-term value-creation. Investees are therefore supported with both pre- and post- investment technical assistance.

  • Renewable Energy
  • Energy Efficiency
  • Waste Management
  • Water Management
  • Climate Smart-Agric
  • Greening Businesses
Screening Criteria
Sector

Operating in the green economy, preferably developing and adopting climate adaptation and mitigation solutions in priority sectors

Traction

Revenue-generating and/or developing a customer base to give commercial validation to its business model.

Scalability

Demonstrable potential to scale significantly, preferably to other West African countries.

Competitive Advantage

Innovative solutions (technology or business model) that allow for significant growth.

Returns & Exit

Profitable business case with an attractive entry valuation and a viable exit (self-liquidating, trade sale or secondaries).

Investment Process
1
Screening and Initial Due Diligence

Process lasting 2 weeks to 2 months

2
First Investment Committee

Point of investment selection

3
ESG, legal & financial Due Diligence

Process lasting 2 to 3 months

4
Second Investment Committee

Point of the final investment decision

5
Legal Documentation & Disbursement

Process lasting 1 to 2 months

Our actions propagate outcomes that are proportionate and aligned to our investment thesis

Wangara Outputs:
Providing increased capital to early and growth-stage “green” small and growing businesses. Technical assistance towards greater business scale and growth; investment readiness including, marketing expertise, governance, operational processes strategy, climate resilience, export market facilitation and capital introduction, networking, good business practices for scale (including governance structures and oversight) etc.

Wangara Outputs:

  • Providing increased capital to early and growth-stage “green” and “gender positive” small and growing businesses.
  • Fair distribution of resources to all workers, hiring, and advancement processes within the investment firm and portfolio companies.
  • Gender mainstreaming within portfolio companies.

Wangara Outputs:

  • Providing increased capital to early and growth-stage “green” small and growing businesses.
  • Technical assistance for climate action planning, towards greater climate-positive business scale and growth, such as climate resilience, decrease in GHG emissions via practices, energy efficiency, waste reduction, and water and other resource optimisation; including impact management support, technical assistance and all generalist business acceleration technical support.