Episode 12. What It Takes to Invest in Africa's Climate Economy | Vladimir Dugin

In this episode of Voices & Visions, Ivana Heijnen speaks with Vladimir Dugin, Managing Partner at E3 Capital, an early-stage investor backing tech-enabled companies across Africa's low carbon economy. The conversation explores what it actually takes to build a climate fund, from surviving a coup mid-investment to separating real impact from philanthropy dressed up as venture capital. The episode covers: Why fundraising for founders in overlooked markets is close to impossible, and what changes that An investment that survived Covid, a coup, and still hit every milestone E3 Capital's shift from energy access to asset-light climate tech, and why that mattered Why governance looks completely different depending on a founder's background What impact really means when investment isn't commercially sustainable Vladimir's take is blunt: impact without commercial sustainability is just a number that eventually hits zero. Produced by Tutto Passa Agency, in partnership with TechCabal. #AfricaBusiness #ClimateTech #VentureCapital #Kenya #EastAfrica #Investing #ImpactInvesting