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About Us

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, Private 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.

Our Mission

Invest. Monitor. Empower.

We are committed to providing long-term patient capital to scalable businesses. Our gender-lens strategy ensures that at least 50% of our Fund is allocated to women-owned businesses — actively closing the finance gap in Southern Africa.

We go beyond capital: through hands-on involvement, coaching, and operational enhancements, we actively support investee companies to drive financial success.

BWP
15–50M

Average ticket size per investment

50%+

Fund allocated to women-owned businesses

3‑phase

Invest - Monitor - Empower model

Southern

Africa focus with pan‑African scope

Leadership

Carol-Jean Harward

Founding Partner

Over 18 years’ experience in fund management and investment banking, having worked with Ninety-One (formerly Investec Asset Management), African Alliance, Barclays/ABSA, World Bank (IFC), and Norsad Capital, where she served as Investment Director leading private credit and quasi-equity transactions from origination to exit.

Currently Chairperson of Women First Fund, Independent Non-Executive Director and Investment Committee Chair of Choppies Enterprise Limited, and former vice-Chairperson of the Botswana Bond Market Association.

B.Finance-University of Botswana

MBA (Finance)-University of New Brunswick

CIIA® Charter Holder

Certified Director (IoDSA)

Ready to grow with patient capital?

Whether you're a women-led business seeking growth funding, or an investor looking for high-impact opportunities in Africa-we'd like to hear from you.

GET IN TOUCH
info@anandicapital.africa
Gaborone, Botswana
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