Alitheia, a PE firm, places strategic focus on women in Africa – TechCrunch

Alitheia, a Private Equity (PE) firm, has recently made headlines for its strategic focus on women in Africa. The firm, founded by Nigerian businesswoman ‘Tokunboh Ishmael’ and South African entrepreneur ‘Sangu Delle’, aims to address the gender gap in African entrepreneurship and provide support to women-led businesses.

The decision to focus on women in Africa is not without reason. Despite the significant economic growth witnessed across the continent in recent years, women continue to face numerous challenges when it comes to accessing capital and resources for their businesses. According to a report by the International Finance Corporation (IFC), women-owned businesses in Africa face a $42 billion financing gap, hindering their growth and potential contribution to the economy.

Recognizing this untapped potential, Alitheia aims to bridge this financing gap by investing in women-led businesses and providing them with the necessary resources and support to thrive. The firm believes that empowering women entrepreneurs will not only drive economic growth but also contribute to social development and gender equality.

Alitheia’s approach goes beyond just providing financial support. The firm also offers mentorship, networking opportunities, and access to a wide range of expertise to help women entrepreneurs navigate the challenges they face. By leveraging their extensive network and experience, Alitheia aims to create an ecosystem that fosters the success of women-led businesses.

One of Alitheia’s notable investments is in ‘She Leads Africa’, a platform that supports African women entrepreneurs through training, mentorship, and access to funding. This investment aligns with Alitheia’s mission of empowering women and promoting their participation in the African business landscape.

In addition to investing in women-led businesses, Alitheia also actively advocates for policy changes that promote gender equality and support women entrepreneurs. The firm believes that creating an enabling environment for women in business is crucial for sustainable economic development.

The impact of Alitheia’s strategic focus on women in Africa is already being felt. By investing in women-led businesses, the firm is not only providing them with the necessary capital but also helping to break down barriers and challenge societal norms. This, in turn, inspires other women to pursue entrepreneurship and contribute to the economic growth of their communities.

Furthermore, Alitheia’s efforts are aligned with the United Nations Sustainable Development Goals (SDGs), particularly SDG 5, which aims to achieve gender equality and empower all women and girls. By focusing on women in Africa, Alitheia is actively contributing to the achievement of this global goal.

In conclusion, Alitheia’s strategic focus on women in Africa is a significant step towards addressing the gender gap in African entrepreneurship. By investing in women-led businesses and providing them with the necessary support, the firm is not only driving economic growth but also promoting social development and gender equality. With their commitment to empowering women and advocating for policy changes, Alitheia is playing a crucial role in creating an enabling environment for women entrepreneurs in Africa.

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