MARKET DEVELOPMENT

• Creating formal employment opportunities across Africa: Adenia V will provide growth capital to mid-cap businesses (typically those with 50 to 500 employees) across Africa. In a context where 86% of employment in the continent is informal (without social protection or labor rights, and subject to poor working conditions), Adenia V’s investments will generate formal and quality jobs with competitive salaries, employment benefits, career growth opportunities, and training programs.
• Supporting inclusive and sustainable operations: As a signatory of the Operating Principles for Impact Management, Adenia supports portfolio companies to promote workplace diversity and make operations sustainable over time, thereby benefitting the markets and communities in which its portfolio companies operate.

GENDER EQUALITY

• Adenia’s 2X Flagship Fund: As Adenia’s first 2X Flagship Fund, the Manager aims for 50‑75% of the Fund’s portfolio companies to be 2X eligible businesses. Moreover, Adenia V will intentionally advance gender equality and women’s economic empowerment by supporting each portfolio company implement a tailored gender action plan and gender policies within the first couple of years of investment. This will promote women’s participation in the formal economy, important in a context where only 11% of working-age women are formally employed, compared to 20% of men.2 Adenia also fosters women’s representation within its team and leadership.

CLIMATE AND NATURE ACTION

• Increasing investees’ resilience to climate change: Committed to responsible and sustainable growth, Adenia will support each portfolio company in reducing its carbon intensity and vulnerability to climate change through the implementation of climate mitigation and adaptation strategies. At the manager level, Adenia is committed to becoming carbon neutral on scopes 1 to 3 by 2027.