Alitheia IDF

Profile

Alitheia IDF is a gender-lens private equity investor based in Africa, operating from Lagos and Johannesburg. Established with a focus on building gender-diverse businesses, the firm targets superior financial returns coupled with social impact. The team is diverse, with founding partners experienced in leveraging gender balance as a tool for enhanced performance. Alitheia IDF is notable for being the first dedicated gender-lens investing fund on the continent.

Alitheia IDF invests primarily in small and medium-sized enterprises (SMEs) across six African countries: Nigeria, South Africa, Ghana, Zambia, Zimbabwe, and Lesotho. The fund focuses on sectors with significant female involvement, including agribusiness, consumer goods, health, education, creative industries, and financial and business services. With a strategy that emphasizes growth stage investments, the firm manages a $100 million fund aimed at creating value through gender diversity and operational improvements.

Their portfolio includes companies like SKLD - a woman-owned consumer goods company, Reelfruit - a food and beverage agro-processing company, and Jetstream - a digital freight forwarding company. Other notable investments include Chika’s Foods, a healthy snack producer, Psaltry International, an agro-processing business, and SweepSouth, a tech platform for home services.