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.
Aruwa Capital nears $50M target as it closes $35M for gender-focused fund II
Aruwa Capital Management secured $35 million for its second fund, Aruwa Capital Fund II. The firm is targeting a final close of $50 million, with a hard cap of $60 million.
16 venture capital firms in Africa actively funding startups in 2025
54 Collective remains active with a $40 million fund despite shutting down its venture studio operations. Accion Venture Lab invested in SUKHIBA, an AI-powered conversational commerce platform, emphasizing financial inclusion.
