• Latest
  • Trending
Kuramo to invest $150 million in African women enterprises

Kuramo to invest $150 million in African women enterprises

October 22, 2023
Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

September 5, 2025
Meta Brings Back Facebook Poke with Emojis and Streaks

Meta Brings Back Facebook Poke with Emojis and Streaks

September 5, 2025
Know why they’re calling: Truecaller launches AI-powered insights

Know why they’re calling: Truecaller launches AI-powered insights

September 5, 2025
Visa harnesses local partnerships to launch Visa Pay in DR Congo

Visa harnesses local partnerships to launch Visa Pay in DR Congo

September 5, 2025
Betika denies recent reports of security breach

Betika denies recent reports of security breach

September 5, 2025
10 things you can actually buy with crypto in Africa

10 things you can actually buy with crypto in Africa

September 5, 2025
CBE seals deal with Botim to enhance remittance services for Ethiopians living in UAE

CBE seals deal with Botim to enhance remittance services for Ethiopians living in UAE

September 5, 2025
Nigeria Senate, SIBAN push for crypto regulation to boost digital economy

Nigeria Senate, SIBAN push for crypto regulation to boost digital economy

September 5, 2025
Mamo Mihretu Resigns as Governor of Ethiopia’s Central Bank

Mamo Mihretu Resigns as Governor of Ethiopia’s Central Bank

September 5, 2025
Paratus Group introduces first private mobile network using LTE and 5G in Namibia

Paratus Group introduces first private mobile network using LTE and 5G in Namibia

September 5, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech News
    • Global Tech News
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How to
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • AI
No Result
View All Result
  • Tech News
    • Africa Tech News
    • Global Tech News
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How to
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • AI
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News Africa Tech News

Kuramo to invest $150 million in African women enterprises

Modupeoluwa Olalere by Modupeoluwa Olalere
October 22, 2023
149 1
0
Kuramo to invest $150 million in African women enterprises
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

The investment management company Kuramo Capital Management, which focuses on Sub-Saharan Africa (SSA), has announced that it will spend $150 million (Ksh. 22 billion) over the next 10 years to help female-led businesses across Africa.

The company’s Moremi Platform will invest. The Moremi Platform is an effort to support gender-equal fund management and give power to the next generation of African women entrepreneurs.

Read also:  Investment accelerator program announces 15 startups

Moremi triple-pillar accelerator

There are three main parts to the Moremi platform: an accelerator programme, a storage and lending service, and a Fund of funds.

RelatedPosts

Bamboo secures U.S. licence, offers African investors access to U.S. stock market

Visa supports four African startups to boost financial inclusion

AFCON Qualifiers: Super Eagles stranded without Internet, food supplies after Libya diverted plane

The company announced the first group of participants in the accelerator programme. The programme aims to help 40 female fund managers and entrepreneurs annually by providing guidance, building skills, and technical support.

Wale Adeosun, CEO and founder of Kuramo says that the programme will help close the vast funding and knowledge gap for women in business, a big problem for Africa’s economic and social growth that benefits everyone. One way to do this is to help women fund managers improve their jobs. These managers will then help women-run businesses grow.

“We think that, just like we were able to close gaps with African GPs (fund managers) before, our gender lens initiative can have the same big effect,” he says.

The accelerator programme addresses the knowledge gap for African female fund managers by providing capacity building, technical help, and mentoring for women in business.

The Accelerator Programme is introduced at a crucial point in Africa’s investing story, and we’re excited by the traction. Despite growing financial flow to Africa, women remain underrepresented at all investment levels. By financing female-led African private equity and venture capital funds, Moremi Fund Managing Director Sarah Ngamau hopes to overcome this barrier and improve the ecosystem.

Microsoft-backed FAST Accelerator Selects 12 African Startups

WEF identifies Sub-Saharan Africa

Sub-Saharan Africa has the most remarkable rate of women entrepreneurs, with 58% of self-employed people being women, according to the World Economic Forum. Africa needs gender-smart investment policies to build on this solid base.

Kuramo Capital and Kuramo Foundation for Sustainable Development think that investing in female-led and gender-diverse fund managers is the fastest approach to scale capital for female entrepreneurs and gender-smart enterprises. “We are thrilled to promote inclusive economic empowerment of female-led funds in Pan-Africa,” says Sarah.

Since 2011, Kuramo has raised approximately $3.5 billion (Ksh 73.8 billion) to help 200 African firms and create 50,000 employees.

The firm creates long-term capital value to help businesses across industries develop sustainably. Shaka Kariuki, Kuramo Capital Co-CEO & Chief Investment Officer, believes the Moremi Accelerator Programme is essential to the firm’s mission to accelerate gender-equitable capital growth for Africa’s socio-economic transformation.

Kuramo uses Africa to create value and sustain capital growth. This accelerator programme shows our commitment to growing our value across Africa, he said.

He said, “We remain committed to fostering the growth of funds that will generate value and provide risk-adjusted returns to investors. Additionally, we empower our communities with sustainable solutions.”

The accelerator programme is one-way Kuramo promotes Africa as an investment destination, according to Shaka. Few investors invested in African Fund managers before Kuramo entered the market.

Since Kuramo’s arrival, we’ve anchored and funded more than 15 Sub-Saharan Africa funds, easing investors’ concerns. The Moremi Accelerator Programme will address stereotypes that hinder African female entrepreneurs and fund managers.

Tags: AfricanKuramoWomenpreneur
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Startups
  • Fintech
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Tech Careers
    • Africa Tech News
    • Global Tech News
    • How to
    • Reviews
  • Startups
  • Fintech
  • Cryptocurrency
  • AI
  • Tech Tv
  • Featured

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.