Who We Are.

The Women’s DNA Fund is a majority women-owned and operated impact venture capital fund providing financial products and non-financial support to majority women-owned small to medium enterprises (SMEs) in Ghana with expansion goals that include other African countries. Our logo, the Adinkra symbol ‘Bese Saka’, a cluster of kola nuts, signifies affluence, power and abundance.

What we do.

We strengthen women entrepreneurs by providing end-to-end business support to promote their success. The fund’s mission is to create an economic climate for the extraordinary achievement of African women entrepreneurs throughout the value chain
Financial Support
The Women’s DNA fund will provide patient capital in intermediate amounts of $30,000 to $1million accompanied by capacity building to women entrepreneurs.
Developing Targeted Sectors
The fund will target growing businesses along the value chains of agribusiness, arts and crafts, education, healthcare, manufacture of natural body care, food processing and commerce.
Additional Support
In addition to finance, services on offer will include non-financial business development support and training, mentorship, value chain integration and links to market.

Who we work with.

The Women’s DNA Fund is designed to target women-owned businesses in the “missing middle” from Africa. These are businesses that require larger sums than can be obtained through micro-finance and need medium-term rather than short term finance to enable them to grow. A lack of patient capital has been found to be one of the biggest obstacles to business growth in Africa and the fund will assist in this regard. There are few women-focused funds in Africa. The Women’s DNA fund will bridge this gap by providing affordable finance in intermediate amounts.

Our people.

The Women's DNA Fund team brings together professionals from various sectors whose credentials and collective experience have been strategically selected for maximum impact and performance.
Amanobea Boateng
Amanobea Boateng

CEO

Amanobea holds a doctorate in Business Administration and is an author on African female entrepreneurship. Her book, “African Female Entrepreneurship: Merging Profit and Social Motives for the Greater Good” (Palgrave Macmillan) examines women’s key role in socioeconomic development. She is an expert in SME development support and her experience includes management consulting, fiduciary risk management and women’s financial inclusion.

    K Duker
    K Duker

    Board Chairman

    K Duker has held leadership roles in major financial institutions in capital markets and trading in London, New York and Tokyo. He has over three decades of experience in treasury & risk management, wealth & asset management, capital markets & trading, payments, data technology and infrastructure (with emphases on digitizing financial services). He was the CEO of Fidelity Asia Bank Limited. And President and CEO of OANDA Corporation.

      André Stürmer
      André Stürmer

      Strategic and Financial Advisor

      Johannesburg-born and educated in Europe, André holds a Masters Degree in Economics from the University of Freiburg and a bilingual MBA from the IESE Business School in Barcelona. After advancing to Vice President at JPMorgan within the Debt Capital Markets and Derivatives arena in London and Johannesburg, André joined Inoxico’s holding company, Trivest the same year Inoxico was founded. He served as Inoxico’s CEO from 2012 to 2016, growing Inoxico from a humble base to an industry leading player. He remains closely engaged as a market maker and senior advisor to the business.

        Nokubnonga Mbanga
        Nokubnonga Mbanga

        Board Member

        Co-Host Reality TV Show: “It takes village”; Co-Author: Meeting your Power; Regional VP at International Business Coaching Institute (IBCI); and African Leadership Academy SEP board member, Bongi is a Self-Leadership Coach & Facilitator. She has 15+ years experience in talent management, across industries and is a recipient of the Global Training & Development Leadership award at the 25th World HRD Congress 2017.

          Nana Francois
          Nana Francois

          Non-Executive Director

          With over 17 years of experience in Financial Services, across asset management, hedge fund investment, equity research, consulting and corporate customer and product strategy, Nana brings a wealth of relevant technical and strategic experience across geographies. Her personal mantra is to develop SMEs to create sustainable employment, and this passion has led her to impact many lives across the sector, from providing professional support to the Grameen foundation, to providing personal investment and advice to start-ups and SMEs. Nanaholds a MA and BA Hons in Mathematics and Economics from the University of Cambridge, and is currently Head of Cash Strategy and Business Performance at Barclays Africa Group in South Africa.

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