Women entrepreneurs in healthcare, fintech, clean energy and essential consumer goods are in line for bigger checks in growth investments from Lagos-based Aruwa Capital Management as its second gender-focused fund scales to $50 million.
Aruwa disclosed plans to increase the size of the fund, Aruwa Capital Fund II, from $40 million to $50 million on Monday, April 28. The final close could go as high as $60 million, 50 percent more than the original target, before the end of 2025.
So far, Aruwa has secured $35 million, which is 90 percent of
