Wangara Green Ventures

What Wangara Green Ventures does

Wangara Green Ventures is a Ghana-based, climate-focused impact investment asset manager established in 2019 and incorporated as Wangara Green Venture Capital Limited. The firm invests between USD 50,000 and USD 500,000 in green small and growing businesses (SGBs) operating in renewable energy, energy efficiency, water and waste management, climate-smart agriculture, and greening of conventional businesses. It addresses the Missing Middle funding gap, where green businesses are too small for traditional funds investing above USD 2 million but too large for microfinance, by deploying patient capital in local currency through equity and quasi-equity instruments and providing both pre- and post-investment technical assistance.

The fund's core product is a self-managed permanent capital vehicle targeting a USD 10 million fund size (USD 4 million minimum), capitalized initially by USD 1.5 million in catalytic capital from the World Bank (June 2019) and USD 1 million from the Dutch Good Growth Fund, reaching USD 2.5 million in assets under management in 2019. Active portfolio companies include Cleanearth Scientific (clean technology and effluent monitoring), Akwaaba Feeds (insect-protein animal feed), Kofa Holdings (electric motorcycle battery swapping), Wami Agro (smallholder agritech serving 60,000+ farmers), and NorthLite Solar (rural solar franchise). Vitara, formerly Sommalife, was a portfolio company serving 90,000+ shea farmers and was strategically exited in 2025.

Revenue is generated through two streams: recurring asset management fees on AUM and transaction-based carried interest on portfolio exits. The firm sources deals through a pipeline partner network including Innohub, Ghana Climate Innovation Centre, Kosmos Innovation Centre, and Solidaridad, with a 3–6 month investment process. It operates a team of 9+ led by Founder/CEO Ebenezer Arthur and is headquartered in Accra under the legal entity Wangara Green Venture Capital Limited.

Name

Wangara Green Ventures

Legal name

Wangara Green Venture Capital Limited

Website

https://wangaragreenventures.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Wangara Green Ventures is a Ghana-based climate-focused impact investment asset manager that provides patient capital (USD 50K–500K) and technical assistance to green small and growing businesses in renewable energy, agriculture, water, and waste management.

Ownership category

akta.pro rank

Product category

Impact Investment / Climate Finance

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Climate / Clean Tech & Decarbonization Funds (FSANAJAA)

akta.pro secondary industries

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Renewable Energy & Energy Transition Funds (FSANAJAB), Climate Finance Funds & Green Investment Facilities (BPADACAH)

Keywords

• Impact investment fund
• Climate finance
• Green venture capital
• Patient capital
• Small business funding

Headquarters

HQ city

Accra

HQ country

Ghana

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Asset Management Fees: As an impact investment fund manager, Wangara earns management fees on assets under management (AUM). The fund reached USD 2.5 million AUM in 2019.
2. Carried Interest: Performance-based returns through carried interest on successful portfolio exits. Investments are made through equity and quasi-equity instruments with potential for follow-on investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Wangara Green Ventures is a climate-focused impact investment fund manager that provides patient capital and technical assistance to green small and growing businesses in Ghana. The fund invests USD 50,000 to USD 500,000 in equity and quasi-equity instruments in local currency across renewable energy, energy efficiency, waste and water management, climate-smart agriculture, and greening businesses. Investments are bundled with pre- and post-investment technical assistance to support growth, governance, climate resilience, and market access for portfolio companies.

Product overview

Wangara Green Ventures is a climate-focused impact investment fund structured as a self-managed permanent capital vehicle. The fund invests between USD 50,000 and USD 500,000 in green small and growing businesses in Ghana, providing patient capital and technical assistance through equity and quasi-equity instruments in local currency. The fund targets businesses in renewable energy, waste and water management, climate-smart agriculture, and energy efficiency sectors. Its portfolio includes Cleanearth Scientific (clean technology), Akwaaba Feeds (sustainable animal feed), Kofa Holdings (electric mobility/battery networks), Wami Agro (agritech via Pukpara platform), and NorthLite Solar (rural solar energy). The fund also previously invested in Vitara (formerly Sommalife) which was exited in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Wangara Green Ventures Fund A climate-focused impact investment fund that invests USD 50,000 to USD 500,000 in green small and growing businesses in Ghana through equity and quasi-equity instruments in local currency, bundled with pre- and post-investment technical assistance in areas such as governance, operational processes, strategy, climate resilience, and export market facilitation. Targets sectors including renewable energy, energy efficiency, waste and water management, climate-smart agriculture, and greening businesses.
• Cleanearth Scientific (Portfolio Investment) Equity/quasi-equity investment by Wangara Green Ventures into Cleanearth Scientific, a clean technology company providing integrated low-carbon solutions including climate risk reporting, carbon footprint assessments, effluent monitoring, mine-impacted water treatment, and resource recovery for industrial sectors.
• Akwaaba Feeds (Portfolio Investment) Equity/quasi-equity investment by Wangara Green Ventures into Akwaaba Feeds, a Ghanaian manufacturer of high-quality, affordable feed products for poultry and pig production using insect protein (maggot meal) from black soldier flies in a circular economy model.
• Kofa Holdings Limited (Portfolio Investment) Equity/quasi-equity investment by Wangara Green Ventures into Kofa Holdings, a green energy company pioneering a portable battery network for electric motorcycles through battery swapping stations to provide clean, accessible energy and reduce carbon emissions and urban air pollution in Africa.
• Wami Agro (Portfolio Investment) Equity/quasi-equity investment by Wangara Green Ventures into Wami Agro, a Ghana-based agritech company that transforms smallholder farmers into high-production sustainable agribusinesses via the Pukpara platform, providing input credit, data-driven insights, and fair-trade market access across six regions in Ghana.
• NorthLite Solar Limited (Portfolio Investment) Equity/quasi-equity investment by Wangara Green Ventures into NorthLite Solar, a licensed Ghanaian renewable energy provider that brings clean, reliable solar power to remote un-electrified rural communities in northern Ghana through a franchise business model that has trained over 235 renewable energy entrepreneurs (90% women).

Quantifiable outcome

• Over 90,000 farmers supported across portfolio companies
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Ghana Climate Venture FacilitycoreStrategic or Co-development PartnerProvided operational subsidies to cover set-up costs, GHS 1 million of dedicated technical assistance grants to de-risk investee companies, and GHS 10 million in Catalytic First Loss Capital to private investors.
• InnohubcoreStrategic or Co-development PartnerPipeline partner for sourcing green SGBs. Ebenezer Arthur co-founded Innohub, one of the leading business accelerators in Ghana which has managed programs including Ghana Climate Venture Facility and Ghana Tech Lab.
• Ghana Climate Innovation CentrecoreStrategic or Co-development PartnerPipeline partner for building strong pipeline of green SGBs and providing pre-investment technical assistance.
• Kosmos Innovation CentrecoreStrategic or Co-development PartnerPipeline partner for sourcing green businesses and supporting investment readiness through pre-investment technical assistance.
• SolidaridadcoreStrategic or Co-development PartnerPipeline partner for sourcing sustainable agriculture and climate-smart agriculture businesses with impact potential.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• GroFin: Africa-focused SME financier providing patient capital and business development support to small growing businesses across multiple African markets. Highly comparable in serving the Missing Middle funding gap with technical assistance alongside finance.
• Root Capital: Global nonprofit impact investor providing capital and capacity-building to agricultural SMEs in Africa and Latin America. Comparable as an early-stage, TA-plus-capital impact investor in climate-adjacent value chains, though broader geographic mandate.
• All On: Nigeria-focused impact investment vehicle backed by Shell that invests in off-grid energy and climate solutions. Comparable as a DFI-anchored, locally-deployed climate impact fund operating in a single West African market with a Missing Middle thesis.
• Injaro Investments: Ghana-headquartered impact investor providing debt and equity to SMEs in West Africa, including agribusiness and climate-aligned sectors. Closest geographic and product peer to Wangara, with similar ticket sizes and SME/missing-middle focus.
• SunFunder: Africa-focused solar finance specialist providing debt and mezzanine to off-grid solar companies. Comparable in deploying climate-aligned capital to early-stage African energy businesses, though via debt rather than equity/quasi-equity.
• Goodwell Investments: Dutch impact investor with dedicated West and East Africa funds providing equity to inclusive businesses serving base-of-the-pyramid markets. Comparable in mission, capital structure (DFI-anchored), and SME-ticket-size approach, though broader sectoral mandate.
• Persistent Energy Capital: Climate-focused Africa venture firm backing clean energy and climate-tech businesses across the continent. Comparable as an early-stage climate investor targeting entrepreneurs in renewable energy and adjacent sectors, though more venture-oriented than Wangara's quasi-equity/TA model.
• Sahel Capital: Nigeria-based private investment firm focused on agribusiness and food security across West Africa with both equity and debt vehicles. Comparable on geographic focus (West Africa), SME ticket sizes, and patient-capital approach, though narrower sectoral mandate (agriculture).
• Novastar Ventures: East Africa-based impact venture fund backing early- and growth-stage businesses serving low-income populations, with explicit focus on climate-adaptation themes. Directly comparable in providing equity and quasi-equity patient capital plus technical assistance to SGBs in Africa.

Broad incumbents

• Acumen: Global impact investor with long-standing West/East Africa presence deploying patient capital into early-stage social enterprises, including climate and energy. Comparable in providing non-financial support alongside capital, though ticket sizes and sectors are broader than Wangara's Ghana-only green SGB focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/wangaragreen
• Xx.com/WangaraGreen

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wangara Green Ventures