Alitheia Capital backs financing for women-led businesses

Alitheia Capital, in partnership with 300 women-led businesses in manufacturing, agribusiness and nutrition, has called for specialized financing solutions at the W.O.M.A.N. conference held in Lagos. The firms expressed concern that despite being investment-ready, viable enterprises remain excluded from formal capital despite demonstrating readiness.

At the conference, which focused on scaling women-led enterprises from survival to sustainable growth, policymakers and development partners discussed barriers to capital, energy, technology and markets affecting women-led businesses. The Lagos State Governor's Commissioner for Agriculture and Food Systems, Abisola Olusanya, highlighted the critical need for access to finance and growth capital, emphasizing that viable businesses struggle to transition from the survival stage to sustainable scale.

Alitheia Capital's investment readiness program aims to equip entrepreneurs with financial expertise and governance skills, while a green investment session emphasized energy efficiency as a cost-saving measure and investment asset. The conference also highlighted the role of financial discipline, corporate governance, and business formalization in attracting investment.