Aruwa Capital Fund II makes strategic equity investment in Yikodeen

Aruwa Capital Fund II took a strategic equity stake in Yikodeen Company Limited, a Nigerian footwear and leather manufacturer; Duale, Ovia & Alex-Adedipe advised Yikodeen.


Aruwa Capital Fund II made a strategic equity investment in Yikodeen Company Limited, a Nigerian footwear and leather manufacturer and a subsidiary of Mauritius-incorporated Yikodeen Africa Corporation. The investment is intended to fund factory upgrades, new machinery, higher production capacity and market expansion. The value was not disclosed.

Counsel: Duale, Ovia & Alex-Adedipe acted as legal counsel to Yikodeen Company Limited. The firm names Simisola Eyisanmi, Melody Ibegbulam, Chukwuebuka Okoli-Akirika and Wuraola Oyeniyi of its Mergers, Acquisitions and Private Equity team.

Dates: announced by the firm on 12 June 2025. The signing and completion dates were not stated.

Source: Duale, Ovia & Alex-Adedipe announcement via IFLR1000 (firm-submitted, 12 June 2025). Added to The Meridian register on 24 October 2026.