Aruwa Capital Management Secures $35 Million to Boost Women-Led Businesses in West Africa
- Aruwa Capital Management secured $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II.
- The fund aims to address the early-stage financing gap for women-led and gender-diverse enterprises in Nigeria and Ghana.
- Major institutions like British International Investment and Mastercard Foundation Africa Growth Fund participated in the recent funding round.
The success of Aruwa Capital Management in raising significant funds for women-led businesses highlights the growing recognition of the importance of gender diversity in investment. This trend not only empowers women entrepreneurs but also contributes to broader economic growth in the region. Continued support and investment in gender-focused funds are essential for addressing systemic inequalities in access to capital.
