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IDF Capital’s Alitheia IDF Fund

Public data, unclaimed profile

Fonds de capital-investissement pour les PME dirigées ou fondées par des femmes.

At a glance

Based on observed investment behaviour: 1 recorded deal

Investor type
Private equity or venture capital fund (inferred, not verified)
Capital type
Private equity (inferred from profile)
Observed ticket
11.2 M$, median 11.2 M$ (1 disclosed amount)
Countries
Zambia (1)
Activities
Neobank and digital banking (1)
Instruments
Equity (1)
Stages
Series A (1)
Recent activity
1 deal in 12 months, latest Feb 2026

Stated thesis versus observed behaviour

Fewer than three recorded deals: insufficient evidence to compare thesis and behaviour.

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Investment thesis

Criteria published by the fund, recorded and checked by Invest Matching.

Investment ticket
11.2 M$*
Instruments
Equity
Preferred sectors
Agribusiness, Retail & distribution, Fintech, Energy, Business & personal services, Media & entertainment*, Tourism & hospitality*
Target geographies
West Africa, Southern Africa

* added from its deals

Stages (stated by the fund and from its deals)
Series A

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Lupiya

February 2026 · Zambia
Series A11.2 M$EquityFintechLead

Activity : Neobank and digital banking

Lupiya was founded in 2016 by Zambian entrepreneurs Evelyn Chilomo Kaingu (CEO) and Muchu Kaingu (CTO).

Co-investors DEG, Enygma Ventures, INOKS Capital

Source : launchbaseafrica.com

In short

IDF Capital’s Alitheia IDF Fund invests tickets ranging from 11.2 M$ to 11.2 M$, across the following sectors: Agribusiness, Retail & distribution, Fintech, Energy, Business & personal services, Media & entertainment, and Tourism & hospitality, in the following areas: West Africa and Southern Africa. Check in 30 seconds whether your company fits these criteria.