Aruwa Capital Management Secures $35M to Empower Women-Driven Impact in Africa

Aruwa Capital Management, a Lagos-based, female-founded and led growth equity impact fund, is proud to announce a significant funding milestone with a successful raise of $35,000,000. This pivotal capital injection reinforces our commitment to investing in rapidly growing and profitable companies that either deliver essential goods and services to women or employ women extensively throughout their operations. As one of the few woman-owned funds in Africa, our approach is designed to bridge the gender gap in capital allocation while tapping into underexploited sectors of the economy. With this fresh infusion of funds, we are poised to scale our efforts and enhance our portfolio by targeting businesses that contribute to closing gender economic divides and fostering sustainable growth. The additional capital will be strategically deployed to expand our investment pipeline, deepen our support for transformative initiatives, and drive long-term value creation across our investments. Founded on the conviction that the gender imbalances among investors present an unparalleled opportunity, Aruwa Capital Management is redefining the role of women as vital capital allocators, entrepreneurs, consumers, and stakeholders in Africa and beyond. Under the visionary leadership of Founder Adesuwa Okunbo Rhodes, our team in Lagos, equipped with international best practices and deep local insights, has been relentlessly pursuing opportunities for impactful investments. The new funding will further empower our team to harness these opportunities, leveraging their expertise to enhance operational performance and unlock hidden potential within our portfolio companies. By prioritizing investments that support female economic empowerment, we are not only generating enhanced financial returns but also creating a ripple effect of positive societal change.