IFC eyes $8 million stake in Adesuwa Okunbo Rhodes’ Aruwa Capital SME fund
IFC is weighing an $8 million stake in Aruwa Capital Fund II, boosting Adesuwa Okunbo Rhodes’ push to finance women focused SMEs in West Africa.
Aruwa Capital
This 32-year-old entrepreneur recently raised $20 million to invest in women-owned businesses
Adesuwa Okunbo Rhodes is one of the youngest female private equity fund managers in Africa.
Nigerian entrepreneur Adesuwa Okunbo Rhodes’ firm secures $20 million from Visa, MasterCard
Rhodes founded Aruwa Capital with the goal of closing the investment gap affecting women-owned businesses in Africa.