4 Feb 2025
Five years ago, @AlitheiaIDF (AIF) was named a 2X Flagship Fund, marking a key milestone in our journey to integrate gender as a core value driver in investing. Last week, @theAlitheia, which co-founded & co-manages AIF, took another step forward by officially joining @2X_Global
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20 Dec 2024
Between 2020-2023, @AlitheiaIDF invested over $45.4M in 11 businesses — a 1582% growth from 2020. These investments created 2,000 jobs (55% for women) and advanced gender equity, climate resilience, and digital transformation.
Read our latest SPR here: thealitheia.com/alitheia-idf…
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16 Oct 2024
Last year, our gender lens fund, @AlitheiaIDF, led an $8.25M investment in Zambian neo-bank @getlupiya, driving financial inclusion with tech solutions for the unbanked. Lupiya is expanding its range of financial products, and scaling its operations.
businessday.ng/technology/ar…
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16 Sep 2024
Last week was an exciting one at Lupiya as we welcomed our valued investors from @AlitheiaIDF.
We took them on a tour to some of our amazing customers and had the opportunity to showcase the innovative work we are doing together.
#Lupiya #AlitheiaIDF #PartnershipsForGrowth
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9 Sep 2024
At @AlitheiaIDF, we believe that investing in businesses that empower women helps build stronger, healthier communities. Wemy Industries’ dedication to supporting women and providing quality healthcare products for new mothers is a powerful example of this vision in action.
29 Aug 2024
Medplus, in partnership with Drbrown’s, is proud to have supported over 200 women through the “New Mum Initiative””
We visited the Makoko community to tackle postpartum hemorrhage and provide essential mother care products.
#NewMumInitiative #MedplusCares #DrBrowns #Makoko
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29 Aug 2024
As the women’s month draws to a close, we thank the incredible women at @IDFCapital for their dedication, resilience, & innovation. We're proud to support and empower women-led businesses through our @AlitheiaIDF Fund, fostering a more inclusive & equitable business environment.
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2 Aug 2024
.@ReelFruit, led by @AffiongWilliams, is transforming agribusiness and manufacturing in Nigeria. This boosts the local economy, showcases Nigeria's potential globally, and promotes import substitution. I am proud to support this impactful company as an investor via @AlitheiaIDF
1 Aug 2024
I'm really proud of @AffiSupaStar & team @ReelFruit 👏🏾👏🏾👏🏾👏🏾
How it
...started 2014: ...going 2024:
Dream 40ft container to US
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11 Jul 2024
We are thrilled to announce that our fund,
@AlitheiaIDF Africa’s first and largest gender lens fund, has been shortlisted for the Impact Fund of the Year award at the 2024 Krutham Africa Impact Investment Awards!
alitheiaidf.com/blog/alithei…
@IDF_Capital,@theAlitheia,@PoloLeteka
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8 Jul 2024
Congratulations to Evelyn Chilomo Kaingu, CEO of @Lupiyaloans (an @AlitheiaIDF portfolio company), on being selected as a 2024 @aspenideas Festival Fellow!
More details here: aspenideas.org/articles/2024…
ALT Evelyn Chilomo Kaingu
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14 Jun 2024
.@AlitheiaIDF recently announced a $2.8M investment in Alma Clinics, a South African health tech company.
The funding, Alma's first institutional investment, will support its scaling and plans to increase annual patient visits to 300k by 2028.
alitheiaidf.com/blog/alithei…
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10 Jun 2024
We are thrilled to announce that @AlitheiaIDF, Africa’s first and largest gender lens fund, has been shortlisted for the Impact Fund of the Year award at the 2024 @kruthamX Africa Impact Investment Awards!
alitheiaidf.com/blog/alithei…
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7 May 2024
Digital ID startup Seamfix secures $4.5M for African expansion.
techmoonshot.com/2024/05/07/…
@seamfixltd @AlitheiaIDF
#Techmoonshot #technology #TechNews #Moonshot #Africa #Ghana #Kenya #SouthAfrica #Ethiopia #Uganda #tech #DigitalIdentity #VentureCapital #funding #Raise #expansion
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7 May 2024
With this investment, @AlitheiaIDF is working with @seamfixltd to amplify its work in empowering businesses across Africa to scale while enabling millions of African women to participate in the economy and reach their full potential by providing crucial digital ID services.
7 May 2024
We are thrilled to announce a $4.5M investment in @seamfixltd.
This funding, which is Seamfix's first institutional investment, will support its expansion across five African countries (Nigeria, Ghana, Kenya, South Africa, Ethiopia, and Uganda).
alitheiaidf.com/blog/seamfix…
ALT SEAMFIX Logo
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15 Apr 2024
As an investor in @ReelFruit via @AlitheiaIDF, I'm privileged to witness @AffiongWilliams' visionary leadership and dedication to driving impact in Africa's agricultural sector. Her selection for the Tutu Fellowship further proves her remarkable impact.
Congratulations, Affi!
12 Apr 2024
Congratulations to @AffiongWilliams, founder and CEO of @ReelFruit, on her selection for the 2024 Class of the Tutu Fellowship program!
alinstitute.org/news/the-202…
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15 Mar 2024
Temilola Adepetun built SKLD from one shop into a manufacturing powerhouse, serving 500 schools and 25K customers yearly with 7 retail shops in 3 Nigerian cities.
We are proud to partner with her as investors via @AlitheiaIDF & to hear her story at @theAlitheia #IWD event
14 Mar 2024
Delivering a keynote speech at our #IWD Breakfast event, Mrs Temilola Adepetun, founder and Managing Director of SKLD shared insights into SKLD’s evolution from a humble retail store to a thriving enterprise generating over one billion naira in revenue.
thealitheia.com/alitheia-cap…
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15 Feb 2024
I'd like to thank all who have invested and supported @AffiSupaStar & @reelfruit on this journey.
It is not easy building and scaling a business in Nigeria.
It was great to see so many come to witness the inauguration.
Shout out to @tolushola, @TemiladeDenton, @AlitheiaIDF, @USAIDNigeria, @biolaa1, @Ada_Osakwe, @MyFCMB, TNP
Thank you also to Ogun State @OGSG_Official & his excellency @dabiodunMFR for supporting this venture and creating the enabling environment
Thank you all 🙏🏾
15 Feb 2024
I'm so proud of @AffiSupaStar & team @ReelFruit as they inaugurate their new factory in Ogun.
800 Metric ton dried fruit processing facility running 100% on gas!
Creating over 280 jobs!
Affi's tenacity has been a joy to witness. I can't wait to see Reelfruit in Whole Foods!
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24 Jan 2024
Under @aishapandor's leadership, @SweepSouthSA impacted 50,000 women, executed millions of bookings, and closed a US$13M investment round led by @AlitheiaIDF in 2022.
Congratulations to Aisha and to the new leadership team led by CEO, Lourandi Kriel, on this next chapter.
18 Jan 2024
Some exciting news! Thrilled to be welcoming Lourandi Kriel as @SweepSouthSA’s new CEO, effective 29 Jan 2024.
Growing SweepSouth over the last 9 years to serve over 2 million bookings and positively impact over 50,000 African women and their families and communities, has been a huge honor and something of which I’m incredibly proud. So excited and optimistic about this new phase of growth.
I’ll continue to support SweepSouth as an executive director, while current SweepSouth MD Luke Kannemeyer moves into an expanded COO role.
Grateful to everyone who has supported us on this journey! ♥️
More details on our blog.
blog.sweepsouth.com/exciting…
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22 Jan 2024
Under @aishapandor's leadership, @SweepSouthSA has impacted thousands across Africa. In 2022, SweepSouth announced that it had successfully closed a US$13M investment round led by @AlitheiaIDF, an indication of strong growth in the company’s valuation and social impact.
18 Jan 2024
Some exciting news! Thrilled to be welcoming Lourandi Kriel as @SweepSouthSA’s new CEO, effective 29 Jan 2024.
Growing SweepSouth over the last 9 years to serve over 2 million bookings and positively impact over 50,000 African women and their families and communities, has been a huge honor and something of which I’m incredibly proud. So excited and optimistic about this new phase of growth.
I’ll continue to support SweepSouth as an executive director, while current SweepSouth MD Luke Kannemeyer moves into an expanded COO role.
Grateful to everyone who has supported us on this journey! ♥️
More details on our blog.
blog.sweepsouth.com/exciting…
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7 Dec 2023
Congratulations to our gender lens fund, @AlitheiaIDF, on winning the Venture Capital (VC) Fund of the Year at the SuperReturn Africa Awards 2023!
This recognition speaks to the fund's efforts at improving gender outcomes and fostering positive change across Africa.
7 Dec 2023
@AlitheiaIDF wins 'VC Fund of the Year' at @SuperReturn Africa Awards 2023!
The award recognises excellence in investing, a track record of innovative fundraising, investments, and exits; and a reputation for adding considerable value – not just finance – to portfolio companies.
ALT A graphic design highlighting Alitheia IDF's win as 'VC Fund of the Year' at SuperReturn Africa Awards 2023!
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23 Nov 2023
We invested in @JetstreamAfrica, via our gender lens fund, @AlitheiaIDF, on the data-informed evidence that the company and its leadership have the capacity to enable richer inter-continental trade and to unleash Africa's full potential.
21 Nov 2023
When @JetstreamAfrica started operations in 2019, the hypothesis was that by grouping cargo together, they could reduce the export costs for small exporters.
The team has since found out that exporters could not afford marginally cheaper export costs and were losing business as a result. Banks would not finance them because African bankers are not in the business of giving risky export loans without over-collateralization.
So Miishe decided to add this to her business. In addition to freight forwarding, her team now writes up to $100k cheques to help small exporters fulfill international orders.
If any startup business deserves support, it's Jetstream. I wrote about their hopes for growth here.
techcabal.com/2023/11/21/jet…
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