Open Society Foundation invests US$10m in women focused fund

AFRICA – Alitheia IDF, a private equity fund, has landed US$10 million from Open Society Foundation, that is owned by American billionaire George Soros.  Alitheia IDF is a joint venture fund between Alitheia Capital, a private equity investment in Nigeria, and IDF Capital in South Africa. It invests in companies that operate in Southern and West Africa that are either women-owned or that focus on supporting women.  Open Society Foundations said in announcement that its Open Society Economic Justice Programme, has committed US$15-million to two women-led investment funds that advance economic and gender…

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