Private equity firm
Aruwa Capital Management
A Lagos-based, gender-lens private equity firm investing in small and mid-sized businesses in West Africa.
Africa mandate and approach
Backs growth-stage companies that serve consumers and businesses across Nigeria and West Africa.
Investment focus
- Sectors
- ConsumerHealthcareFinancial servicesSMEs
- Stages and strategies
- Growth
- Instruments
- Equity
- Regions
- West Africa
- African markets named in public materials
- Nigeria
Funds managed
- Aruwa Capital Fund II 2024 $35m
Selected portfolio and direct investments
- Polysmart Packaging Limited
- Sika Box US Incorporated
- Yikodeen Company Limited
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 15 Jun 2026 | Aruwa Capital Management's follow-on investment in Yikodeen Company Limited’s operations in Nigeria | Private Equity | Undisclosed | Nigeria |
| 8 Jun 2026 | Aruwa Capital Management invests in Sika Financial Group | Private Equity | $2m | Uganda |
| 1 Dec 2025 | Aruwa Capital Management's Investment in Polysmart's Operations in Nigeria | Private Equity | Undisclosed | Nigeria |
Related analysis
Sources
- Aruwa Capital Management official website, www.aruwacapital.com. Accessed 14 November 2026; link checked 14 November 2026.
- Partner Researchers, accessed 14 November 2026