Shifting Capital with Evelyne Dioh Simpa, WIC Capital, Senegal

Evelyne Dioh Simpa is Managing Director of WIC Capital, the first investment fund to exclusively target women-led early stage businesses in West Africa. The fund was set up in 2019 by the Women’s Investment Club Senegal, a group of more than 80 Senegalese businesswomen. In this episode, Evelyne talks about her innovative evergreen fund structure tailored to the specific needs of entrepreneurs in the local context. WIC’s model has since inspired women’s investment clubs in other countries and Evelyne shares practical advice on how to replicate it. Evelyne also shares novel insights on how the field of gender-lens investing is evolving in West Africa and the change she wants to see in the broader investment industry.