When Anandi Capital was founded in 2018, we set out to build a different kind of Investment Firm, one that nurtures a dynamic team with a regional perspective to generate strong returns and develop innovative solutions for our investors. Anandi Capital is the first licensed women-founded and owner-led Alternative Investment Firm in Botswana focused on the African Continent, with particular focus on Southern Africa. The firm specializes in Private equity, Structured debt and Advisory. The Firm's mission is to provide long-term patient capital to scalable women owned and/or majority women owned businesses in Southern Africa. We focus on businesses that are currently underserved by larger financial institutions and provides growth capital to business sectors positioned to benefit from economic growth drivers such as agro-processing, consumer goods, technology, education, healthcare, manufacturing, tourism or services linked to mining related industries and financial services. The team based in Gaborone is led by the founder, Carol Jean Harward. It is made up of experienced professionals with backgrounds in investment management, structured finance, entrepreneurship and engineering. We are in the business of supporting disruptive companies with the potential for scalability and growth.
Project Complete
Years Of Experience
Active Investors
Over 30 years of experience in private equity, fundraising, and investment management.
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We navigate complex business terrains and provide data-driven market intelligence to our clients.
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We work with various business owners to review and validate business models and financial forecasts with a view towards creating the right incentives for a successful fund-raising phase.
Our partnership with a sizable network of regional and international investors coupled with our strong relationships with local investors and domestic banks gives us a competitive edge in the marketplace.
Our fund-raising mandates are handled with the utmost degree of client confidentiality. We also ensure each transaction is allotted the requisite amount of resources necessary to bolster the prospects of timely and successful close-out. We work closely with our clients to source the most optimal financing options for capital injection at the best possible terms looking at the following funding options:
We are committed to providing long-term patient capital, investing in scalable businesses with an average ticket size of BWP 15-50 million. Our gender-lens investment strategy ensures that at least 50% of our Fund is allocated to women-owned businesses. Through our Invest, Monitor, and Empower model, we actively support investee companies with hands-on involvement, coaching, and operational enhancements to drive financial success.
Read All ReviewsThe founding Partner, Ms Carol-Jean Harward has over 17 years’ experience working in the Fund Management and Investment Banking industry having worked with and managed assets for Ninety-One (formally Investec Asset Management), African Alliance, Barclays Bank (now ABSA Bank), World Bank (IFC) and recently Norsad Capital. At Norsad Capital, she is an Investment Director, responsible for leading teams from origination to exit of private credit and quasi-equity transactions. A Certified Director with Institute of Directors South Africa (IoDSA), she is currently the Chairperson of Women First Fund, an Independent Non-Executive Director and Chairperson of the Investment Committee of Choppies Enterprise Limited and the former vice-Chairperson of the Botswana Bond Market Association. She holds a Bachelor of Finance degree from University of Botswana, an MBA (Finance) from University of New Brunswick in Canada and is a Certified International Investment Analyst (CIIA®) charter holder.
On-the-Ground Knowledge
Our deep understanding of local and regional markets enables us to provide practical financial advice tailored to each client’s unique business environment.
Technical Expertise
Our team’s experience in investment management and corporate finance ensures precision-driven advisory and investment strategies.
Professional Network
We connect our clients with key industry stakeholders, ensuring access to the latest market intelligence and strategic collaborations.
