Alitheia IDF is a $100 million private equity fund that drives growth in African SMEs by leveraging gender-balanced businesses to generate high financial returns and social impact.
A Pioneering Private Equity Fund
The first dedicated gender lens investing fund in Africa, Alitheia IDF is a pioneering private equity fund that identifies, invests in, and grows SMEs led by gender-diverse teams to achieve solid financial returns and tangible social impact for communities in Africa.
From our offices in Lagos and Johannesburg, we invest in six countries: Nigeria, South Africa, Ghana, Zambia, Zimbabwe and Lesotho.
We invest in sectors that engage a significant percentage of women, either as entrepreneurs, producers, distributors or consumers. Some of these sectors are: Agribusiness, Consumer Goods, Health, Education, Creative Industries, and Financial and Business services.
Final Close Founders
Introducing our first few investments
Women at the Centre
and all around
Meet our Founding Partners and some of the businesses we support
Achieving superior financial and social returns by investing in a diversified portfolio of women-owned, women-led, or women-serving SMEs
Central to Alitheia IDF's investment strategy is the development of well-run, well-positioned, attractive businesses where value is realized through gender diversity, good governance, and operational improvements.
We are the first private equity fund manager in Africa prioritizing growth stage companies that have gender diversified management teams with the vision and potential to scale regionally and drive economic and social transformation. We invest to create superior returns by leveraging on women as successful business leaders.
Impact is achieved by inclusion of women as economic participants contributing to wealth creation and social development
Show off your projects, features, or clients in this section.
Woman-owned consumer goods company that manufactures, sources and distributes education supplies and humanitarian/relief products.
Woman-owned food and beverage/ agro-processing company that produces a range of retail packaged snacks.
Woman-owned digital Freight Forwarding company that provides a relatively frictionless cross-border trading experience
A food and beverage group focused on producing a range of healthy and organic consumer packaged snacks
Psaltry is an agro cultivating/processing business that processes cassava to produce high-quality food grade starch, high-quality flour, glucose, and sorbitol as intermediate goods for manufacturers.
Wemy is a hygiene and personal care manufacturing company based in Nigeria. The Company produces a range of baby, adult, and feminine care products that includes baby diapers, baby wipes, adult diapers, disposable face masks, underlay pads, and maternity pads.
A woman-owned tech platform that connects customers with home service providers including cleaners, gardeners, laundry service, amongst others
Ivili is a vertically integrated wool processor and is pioneering South Africa’s goat cashmere industry.
At the end of the 2022 United Nations Climate Change Conference (COP27), the UN Secretary-General, António Guterres, described the climate change crisis as the “battle of our lives” that “we can and must win.” Guterres’ comment, devoid of hyperbole, spoke directly to the existential threat facing...
Lusaka, Zambia, September 18, 2023: Pioneering Zambian neobank, Lupiya has successfully secured $8.25 million in Series A seed funding round. The fundraising was led by Alitheia IDF Fund, a Private Equity Fund that invests with a gender lens, with substantial participation from INOKS Capital SA...
Rentoza, a South African-based online subscription platform, recently secured a significant boost in funding with investments totalling $6 million from two prominent funders. The funding round was led by Alitheia IDF and included the Vumela Enterprise Development Fund. According to Aviraag...