Economy

Co Founder of Alitheia Capital

Reflections on 2024 and a Vision for Transformation in 2025

With 2024 now firmly in the rearview mirror, we enter 2025 with a renewed sense of purpose and possibility. Over the past year, Alitheia Capital stood at the crossroads of achievement and ambition, reaffirming a singular vision: aligning capital with purpose to transform lives, industries, and ecosystems across Africa.

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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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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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Mira Mehta of Tomato Jos

Building For The Local Context: The Case Of Mira Mehta Of Tomato Jos

You may have heard of the jollof wars – which, for the unaware, is a passionate debate amongst West African countries as to which country’s jollof rice recipe is the best. Fundamental to the tastiness of jollof rice – and, indeed, many other foods consumed across the region – is tomatoes.  Nigeria, West Africa’s largest

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Alitheia’s UMunthu II Fund Co-Leads $10.4M Investment Round In Ghanaian Agritech Startup, Complete Farmer

Complete Farmer, an end-to-end digital, agricultural marketplace that connects African farmers and global industries to competitive markets, resources, data, and each other on a single platform, raises $10.4 million in a Pre-Series A funding round of equity and debt. The equity portion of the round was co-led by the Acumen Resilient Agriculture Fund (ARAF) and

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