Aruwa Capital Management (Aruwa), an early-stage growth equity and gender lens fund investing in Nigeria and Ghana has made an investment in CrowdForce, a financial services distribution platform serving the underserved and unbanked population in Nigeria.
In line with Aruwa’s gender lens investing strategy and from meetings held with agents and aggregaÂtors in the field, the firm observed a significant representation of women in CrowdÂForce’s agent network, with over 35 per cent of the Company’s agents being women, which is in line with its mandate to partner with companies who are providing economic empowerment to women.
