Alitheia IDF becomes the largest gender-lens private equity fund by value in Africa. Alitheia IDF (AIF) which is Africa’s first women-led and women-focused investing fund has announced the final close of the $100 million funds with European Investment Bank (EIB) joining as the closing investor with $24.6 million. The fund aims to increase investment in women-led businesses across essential sectors. IDF has investments in growth-stage companies across six African countries: Nigeria, South Africa, Ghana, Zimbabwe, Lesotho and Zambia.
Read the original article here: https://african.business/2021/12/apo-newsfeed/eib-supported-gender-lens-investment-fund-alitheia-idf-announces-final-close-at-100-million/