Select Page

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: