How to apply to WIC Capital as an African founder

TL;DR

WIC Capital invests in sector-agnostic companies at Seed and Growth, writes cheques of €100,000 -- €2,000,000, and takes applications through a direct online application.

Who WIC Capital is

WIC Capital is a Francophone West Africa investor headquartered in Dakar, Senegal. The fund describes its mandate as sector-agnostic. The thesis, in the fund's own words: Gender-lens investing in women-led businesses across Francophone West Africa, providing equity, quasi-equity, and hands-on operational support.

On the ground, WIC Capital operates as a Seed and Growth investor with an Africa focus described as "Francophone West Africa (Senegal, Cote d'Ivoire, Burkina Faso, Mali, Togo)". The fund's managing partner is Evelyne Dioh Simpa, alongside Thiaba Camara Sy (COO, Partner & Board Chair) and Désiré K. Dzilan (Investment Manager).

What they invest in

Stages: Seed and Growth
Sectors: Sector-agnostic. The fund calls itself sector-agnostic, but its actual portfolio tells a more concentrated story: 75% of classified portfolio companies are in Consumer, and 13% are in Climate.
Cheque size: €100,000 -- €2,000,000
Geography focus: Francophone West Africa / Yes -- Francophone West Africa (Senegal, Cote d'Ivoire, Burkina Faso, Mali, Togo)

How to apply

Apply directly at https://wic-capital.net/en/. That link is the fund's own application channel, listed in their Trampoline entry as of 2026-07-29. Fill out whatever the form asks for completely: skipped fields read as a rushed application, and a rushed application is an easy first-pass reject at any fund fielding more submissions than it can meaningfully review.

Portfolio pattern

WIC Capital's portfolio, as listed in their Trampoline fund page, includes:

Mburu (Senegal): Organic bakery chain, Growth
Arbre de Vie (Tree of Life) (Senegal): Natural beauty and cosmetics (four brands), Growth
Ecover (Senegal / Cote d'Ivoire): Recycling and waste management, Growth
Acasen (Senegal): Snack food production, Growth
Sarayaa (Senegal): Fashion and apparel, Growth

That spread gives you a sense of what a real check from WIC Capital has funded, not just what the thesis claims it funds.

Before you apply

Have these ready before you reach out:

Deck: Check your readiness first so you know where the gaps are
Metrics dashboard: Set up your metrics dashboard so you can show real traction, not slides
Cap table
A one-line description of what your company does

FAQ

Does WIC Capital have a sector focus?

WIC Capital describes its mandate as sector-agnostic, meaning it does not restrict itself to a fixed list of sectors.

What stage does WIC Capital typically write cheques at?

WIC Capital invests at Seed and Growth, with cheque sizes of €100,000 -- €2,000,000.

Do you need a warm intro to apply to WIC Capital?

No. WIC Capital takes applications through a form on their website, so a warm intro is not required to apply, though it can still help your submission stand out.

Does WIC Capital invest outside Francophone West Africa?

WIC Capital's Africa focus is described as "Francophone West Africa (Senegal, Cote d'Ivoire, Burkina Faso, Mali, Togo)". Check the full fund profile for the exact geographic boundaries before you apply.

Is WIC Capital a remote or in-person fund?

WIC Capital's format is listed as Equity investment + operational support.