Alitheia Capital

Alitheia Capital is a trailblazing impact-investing private equity and financial advisory firm headquartered in Lagos State, Nigeria. Established in 2007 by Tokunboh Ishmael and Jumoke Akinwunmi, the firm specializes in identifying and investing in high-potential businesses throughout 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), uMunthu I and II, and its flagship gender lens fund, Alitheia IDF. The Alitheia IDF Fund, launched in 2019, has directed over $75 million into 13 transformative companies across sectors such as agro-processing, manufacturing, fintech, and clean and renewable energy. Notably, 77% of its portfolio companies are women-owned, and the fund has achieved significant milestones in promoting gender equity and sustainable development. Alitheia Capital's investment philosophy revolves around the concept of 'true profit with a purpose,' deploying private capital into SMEs that generate financial returns while addressing critical business, social, or environmental needs within their communities. The firm's commitment to gender-smart investing and sustainable, inclusive growth across Africa is further underscored by its formal membership in 2X Global, a network dedicated to advancing gender-smart investing. This membership reflects Alitheia Capital's dedication to mobilizing greater private capital for sustainable development, championing gender-smart, climate-resilient, and digitally transformative solutions, and collaborating with global leaders to reshape Africa's financial and social ecosystems. Through its strategic investments and partnerships, Alitheia Capital continues to lead the charge in scaling innovative solutions to Africa's most pressing challenges, fostering inclusive growth, and creating a future where sustainability, innovation, and gender equity thrive.