Kuramo Capital Management is set to inject $150 million over the next decade to empower female-led businesses in Sub-Saharan Africa through its Moremi Platform. The program includes an accelerator, a warehousing/lending facility, and a Fund of Funds, all aimed at promoting gender-equitable fund management and supporting African women entrepreneurs. The accelerator program provides education, mentorship, and capacity building to 40 female fund managers and entrepreneurs annually, addressing the financial and knowledge gap for women in business. By fostering female fund managers' growth, Kuramo aims to enhance women-owned businesses and drive inclusive, long-term economic and social growth across the continent.

Key Points:

- Kuramo Capital commits $150 million to promote female-led businesses in Sub-Saharan Africa.

- The Moremi Platform includes an accelerator program, a warehousing/lending facility, and a Fund of Funds.

- The initiative focuses on closing the knowledge and financial gap for women in business.

- The first cohort of the accelerator program will support 40 female fund managers and entrepreneurs annually.

- Sub-Saharan Africa boasts a high proportion of women entrepreneurs, with women representing 58% of self-employed individuals on the continent.

- The program aims to enhance gender-smart investment practices and foster gender diversity in fund management.

- Kuramo Capital has already raised over $3.5 billion, supporting more than 200 businesses and creating over 50,000 jobs in Africa.

- The company's mission is to drive long-term capital growth and sustainable business development in various economic sectors.

- The Moremi Accelerator Program underscores Kuramo's commitment to catalyzing gender-equitable capital development in Africa.

- It aims to attract foreign investment to Africa while addressing the unique challenges faced by female fund managers and entrepreneurs.

#EmpoweringWomen #AfricanBusiness #GenderEquity #InvestmentOpportunities

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