Omolabake Fasogbon
The Co-Founder and Managing Partner of Alitheia Capital, Tokunboh Ishmael, has been named to the 2027 Powerlist by Powerful Media, a leading ranking of influential business leaders of African heritage.
This marks the second consecutive year that Ishmael has received the recognition, following her inclusion in the 2026 edition.
The recognition comes amid Alitheia Capital’s growing investment footprint across Africa, with the firm managing over $250 million in assets and maintaining a portfolio of more than 19 companies across sub-Saharan Africa.
Under Ishmael’s leadership, the firm has also established Africa’s first dedicated gender-lens private equity fund, positioning it among investors seeking to combine commercial returns with measurable social and economic impact.
The Powerlist, published annually by Powerful Media, profiles influential leaders shaping industries and driving economic transformation.
Ishmael was recognised in the Business, Corporates, Financiers and Entrepreneurs category for her role in directing capital towards Africa’s small and growing businesses, with investments targeting employment creation, financial inclusion and economic growth.
The latest recognition adds to a series of industry accolades for Ishmael and the firm. Alitheia Capital was named Impact Investor of the Year 2025 by the Impact Investors Foundation, retaining the award for a second consecutive year after winning it in 2024. Ishmael also received the GP Individual Leadership Award at the 2025 Private Equity Africa Awards.
Commenting, Ishmael said, “This recognition reflects the work of an entire team and a thesis we have been building for nearly twenty years. The businesses we back — often overlooked, always resilient — are the proof. We will keep deploying capital where it matters most.”
Alitheia Capital’s investments span manufacturing, agribusiness, financial services and consumer distribution, driven by gender-smart strategies that deliver commercial returns and sustainable economic impact.