Business

Alma clinics health tech startup with investment from Alitheia IDF

Alitheia IDF invests $2.8M in South Africa’s Health tech startup, Alma Clinic

Alitheia IDF, Africa’s first and largest gender lens fund, has announced a $2.8 million investment in ALMA CLINICS, a technology-enabled private primary healthcare service provider. This funding will support the expansion of ALMA CLINICS from 6 to 35 locations over the next 1.5 to 3 years, aiming to increase annual patient visits from 32,000 in […]

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2024 Krutham Africa impact investment awards shortlist

Alitheia Capital Shortlisted for Impact Funder of the Year Award and more at the 2024 Africa Impact Investment Awards

Alitheia Capital has been shortlisted for two significant awards at the 2024 Krutham Africa Impact Investment Awards. These nominations reflect Alitheia’s unwavering commitment to driving impactful and sustainable investments across Africa. Last year, Alitheia was shortlisted for the Impact Fund of the Year (2023) award and placed second, making this year its second consecutive year

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The global black women's non-fiction manuscript prize

Alitheia Capital to Sponsor the Global Black Women’s Non-fiction Manuscript Prize

Alitheia Capital proudly announces its sponsorship of the inaugural Global Black Women’s Non-fiction Manuscript Prize, an initiative organised by Cassava Republic Press. The prize, valued at $30,000, is designed to amplify the voices of Black women writers from across Africa and its diasporas. It is the latest iteration in Alitheia’s ongoing efforts to amplify and

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Alitheia Capital's Portfolio Companies Ranked as Africa's Fastest Growing Companies of 2024

Omniretail and Paga Recognised as Africa’s Fastest Growing Companies 2024

Alitheia Capital portfolio companies, Omniretail and Paga, were listed on the Financial Times (FT) ranking of Africa’s Fastest Growing Companies for 2024. Omniretail, a Nigerian e-commerce firm, was ranked as the fastest-growing company in Africa while Paga, a Nigeria-based fintech company, emerged as number 56 on the list (Paga also made the list in 2023).

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Alitheia Capital Hosts IWD2024 Breakfast Celebrating Women in Manufacturing, Agriculture, and Nutrition (WOMAN)

Alitheia Capital Hosts IWD2024 Breakfast Celebrating Women in Manufacturing, Agriculture, and Nutrition (WOMAN)

Lagos, Nigeria. Alitheia Capital hosted an inspiring International Women’s Day (IWD) Breakfast event, themed “Investing in Women in Manufacturing, Agriculture, and Nutrition (WOMAN),” on 12 March 2024 in Victoria Island, Lagos. The event brought together industry leaders, entrepreneurs, investors, and stakeholders to celebrate the contributions of women in these vital sectors. Alitheia is a women-led

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An image of a coastline in Nigeria

Insight: Portfolio Selection in Developing Markets

A new insight article authored by members of our investment team, Moyosore Babalola, Doubra Eghaghe, Oti Ilentamhen, and Yewande Adewusi, explores the strategies the team at Alitheia Capital utilises to identify attractive industries and businesses to invest in and mitigate macro-level risks. The authors note that assets in developing markets present a different risk profile compared to those in developed markets

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Alitheia Capital joins the United Nations Global Compact Initiative

Alitheia Capital Joins The United Nations Global Compact Initiative

Alitheia Capital, a pioneering impact investing firm based in Lagos, Nigeria, has announced that it has joined the United Nations Global Compact — a voluntary leadership network for the development, implementation, and disclosure of responsible business practices.  With this announcement, Alitheia Capital formally joins thousands of leading companies globally that are committed to creating a

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