Aruwa Capital Management

A principal investment company that provides growth capital to the untapped SME sector in Nigeria and across West Africa. Through our Invest, Operate & Empower© model, we invest with our own balance sheet as active hands on investors, offering attractive co-investment opportunities to our partners, that combines superior financial returns with significant socio economic development for the countries we invest in. Aruwa Capital Management is one of the few woman led and owned investment firms in Sub Saharan Africa and is committed to advancing women’s economic empowerment throughout all of its investments through its gender lens investing approach.


Female founded Africa focused private equity co-investment vehicle makes first investment in Nigeria’s pioneer manufacturer of daily personal hygiene products

Aruwa Capital Management (“Aruwa”), a West Africa focused Private Equity co-investment vehicle, has completed its first investment, in Wemy Industries Limited (the “Company”), Nigeria’s first and only indigenous personal hygiene company. Wemy manufactures high-quality and affordable daily, disposable, personal hygiene products predominantly for women and infants, including sanitary pads, maternity pads and baby diapers.

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Female founded Aruwa Capital Management launches $20 million co-investment vehicle for Africa

Aruwa Capital Management (“Aruwa”), the female founded and led private equity firm focussed on Nigeria and Ghana, announces the launch of a US $20 million co-investment vehicle (the “Vehicle”). Aruwa‘s mission is to provide patient growth capital to established and rapidly growing companies in the small to lower middle market and it expects to execute four to five investments, averaging US $1-5 million, over the next 24 months.

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For more information contact:

Founding Partner
& Managing Director

Adesuwa Okunbo Rhodes

14 Adeyemi Lawson, Ikoyi, Lagos, Nigeria

6th floor, Tower A, 1 Cybercity, Ebene, Mauritius