Alitheia Capital

Alitheia Capital is a trailblazing impact-investing private equity and financial advisory firm headquartered in Lagos, Nigeria. Established in 2007 by Tokunboh Ishmael and Jumoke Akinwunmi, the firm specializes in identifying and investing in high-potential businesses across Africa. Since launching its inaugural fund in 2009, Alitheia Capital has grown to manage over $250 million in assets across various funds, including the Alitheia Clean Energy Fund (ACEF), Goodwell West Africa Microfinance Development Company (GWAMDC), and its successor funds uMunthu I and II, which have collectively channeled over $50 million into SMEs across sub-Saharan Africa. Additionally, the firm's flagship gender lens fund, Alitheia IDF, boasts a portfolio exceeding $100 million, making it the continent’s premier and largest gender lens fund. The firm's investment philosophy revolves around the concept of “true profit with a purpose,” deploying private capital into SMEs that not only generate financial returns but also address critical business, social, or environmental needs within their communities. Alitheia Capital focuses on sectors such as clean energy, healthcare, technology, waste management, recycling, logistics, mobility, consumer goods, agribusiness, manufacturing, and fintech. The firm prioritizes investments in companies with gender-diverse leadership teams, aligning with its commitment to gender-lens investing. Alitheia Capital provides comprehensive financial and non-financial support to unlock the potential of high-impact businesses serving underserved markets. The firm collaborates closely with its portfolio companies to implement robust risk management practices, enhancing their resilience and sustainability. By fostering a culture of innovation and social responsibility, Alitheia Capital navigates challenges effectively while delivering sustainable impact. The firm's approach to private equity investing is characterized by innovation, aimed at generating meaningful impact and fostering shared prosperity, demonstrating a commitment to driving social and economic inclusion while delivering exceptional returns for its investors.

High-growth small and medium-sized enterprises (SMEs) led by gender-diverse teams, Scalable business models with clear paths to revenue generation, Innovative solutions addressing significant market challenges, Comprehensive understanding of the target market, including size, growth potential, and competitive landscape