Women-focused African PE Aruwa Capital to bet on footwear company

By Dilasha Seth

  • 22 Jan 2025
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Aruwa founder Adesuwa Okunbo Rhodes (third from right) with team members

Aruwa Capital Management, an early-stage private equity firm that backs growth-oriented small- and mid-sized businesses in Nigeria and Ghana, is set to acquire a partial stake in a local footwear-maker, VCCircle has learnt.  The Lagos-headquartered PE firm, which manages assets worth $40 million, will acquire a 25% stake in Yikodeen Nigeria. ......

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