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AIF is a Private Equity Fund managed by Alitheia Identity Managers (AIM), a joint venture between two established women-owned fund management companies - Alitheia Capital Limited (Alitheia) of Nigeria, and Identity Development Fund Managers (IDF) of South Africa. AIF intends to raise USD 100 million in two closings to make equity investments in high-growth established SMEs with emphasis on women led and/or women managed SMEs' in 10 African countries (Malawi, Lesotho, Swaziland, Botswana, Namibia, South Africa, Zambia, Zimbabwe Ghana and Nigeria). AfDB’s equity investment will be part of the first closing.
Status
Active
Start Date
2015
Donor
Funding Instrument
Country
Region
Unique ID
22
Amount in USD (in million)
12.72