Jaco Visser 28 October 2025

Gaia Fund Managers is intent on making scarce renewable energy investments available to retirement savings in four African nations. Gaia Fund Managers, which specialises in alternative assets and has about R5bn under management, this year made its first fund available to investors outside South Africa.

The Gaia Renewables 1 fund listed its B preference shares on the Botswana Stock Exchange in April. With plans to list these shares on the Nairobi Stock Exchange and Ghana Stock Exchange, the aim is to raise $60m to deploy in renewable energy projects across the African continent.

‘The Gaia Renewables 1 fund, listed on the Cape Town Stock Exchange, is a feeder fund for our Luxembourg-domiciled Gaia Africa Climate fund,’ Mich Nieuwoudt (pictured above), co-founder and executive chair of Gaia, told Citywire South Africa.