Wale Adesun

CorporateWomen in Business

Kuramo Capital’s $150 million boost for women-led ventures in Africa

The push to empower female entrepreneurs in Kenya and Africa has gained support from the investment management firm Kuramo Capital. The firm has committed Kes22.4 billion ($150 million) over the next decade to the Moremi Fund, a multifaceted initiative aimed at fostering the growth and sustainability of female-led businesses. This initiative represents a significant step towards closing the gender gap in the business world, promoting economic diversity, and encouraging innovation in various sectors. “Despite an increased flow of capital to Africa, women have still been underrepresented at all levels of the investment landscape. Our goal is to address this barrier and improve the ecosystem by

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