Impact Investors Foundation has appointed Kuramo Capital as the official fund manager for the Nigeria Wholesale Impact Investment Fund. Wale Adeosun, the CEO of Kuramo Capital says being intentional about impact investing is critical to Nigeria’s development.

2X Global is delighted to announce the selection of Kuramo Capital Management LLC (“Kuramo”) as the manager for the 2X Ignite Africa Investment Facility for Warehousing Capital (“2XI Africa Warehousing Facility” or the “Facility”).

Kuramo Capital Management (“Kuramo”) hosted its annual Sub-Saharan Africa Day at the Harvard Club in New York City during UN General Assembly Week 2023. African investment professionals, entrepreneurs, and government officials alike reunited to connect and showcase the tremendous Sub-Saharan Africa growth opportunity.

Kuramo Capital Management (“Kuramo”) hosted its Annual Sub-Saharan Africa Day at the Harvard Club of New York during the UN General Assembly. The Annual Kuramo SSA Day brings Africa-focused investors, entrepreneurs and eco-system players together to connect and showcase the tremendous Sub-Saharan Africa growth opportunity through engagement with government and private sectors.

Kuramo Capital Management ("Kuramo"), the leading Sub-Saharan Africa ("SSA") focused investment management firm championing commercial capital to Africa, is delighted to announce that it has joined the 2X Collaborative, a global industry body launched by the G7 in 2018 to promote gender-focused investments. Kuramo will be the first indigenous African investment manager to join the 2X Collaborative.

Kuramo Capital Management (“Kuramo”), a Sub-Saharan Africa focused investment management firm, is pleased to announce its US$10 million commitment to Uhuru Growth Fund I (“UGF”). UGF is a middle market private equity fund launched by Uhuru Investment Partners (“Uhuru”), investing in high growth companies in West Africa, including Nigeria, Ghana, Côte d’Ivoire and other Francophone markets.

One of our most important recent investments, through our managed funds, involves a long-established palm oil business in the Democratic Republic of the Congo (“DRC”). We first invested in Plantations et Huileries du Congo S.A. (“PHC” or the “Company”) as a minority partner in 2017 alongside the CDC Group of the United Kingdom, a leading Development Finance Institution (“DFI”).

Kuramo Capital Management LLC”(“Kuramo”), a leading independent investment management firm is pleased to announce that it has finalized on a follow-on commitment of US$ 5 million into Nabo Capital (“Nabo” or “the Manager”). Though its regional offices in Nairobi and Lagos, Kuramo has anchored several first-time managers, among them Nabo. This brings Kuramo’s total commitment to the Manager to US$ 10 million.

Kuramo Capital Management (“Kuramo”), an Africa focused investment management firm, is pleased to announce its fifth anchor fund commitment in Nigeria in five years. Kuramo has made a US$15 million commitment to CardinalStone Capital Advisers Growth Fund (“CCAGF”), a generalist private equity fund launched by CardinalStone Capital Advisers (“CCA”) which will focus on investing in small and medium-sized businesses in Nigeria and Ghana.

Kuramo Capital Management held its 6th annual Sub-Saharan Africa Day on September 25, 2018 during the 2018 United Nations General Assembly week. Held at the Harvard Club of New York, the event brought together prestigious U.S. and global institutional investors and sub-Saharan Africa political and business leaders. The event was a forum to explore the tremendous Sub-Saharan Africa growth opportunity through discussions with government and private sector leaders.

GenAfrica Asset Managers Limited (“GenAfrica”, or the “Company”) and Centum Investment Company PLC (“Centum”) are pleased to announce a new partnership with Kuramo Capital Management, LLC (“Kuramo”), that will result in Kuramo acquiring a majority stake in the Company. GenAfrica has been operating in the Kenyan capital markets for the past 22 years (for 17 years as Genesis Kenya Investment Management Limited) and grown steadily to become one of the largest pension fund managers in Kenya and Uganda.

During this year’s United Nations General Assembly (UNGA), Kuramo Capital was proud to host our 4th annual Sub-Saharan Africa Day on Tuesday, September 20th, 2016. Held at the Harvard Club of New York, the event brought together several U.S. and global institutional investors, government officials and key private sector individuals around sub-Saharan Africa. The goal of the event was to showcase the tremendous Sub-Saharan Africa growth opportunity through discussions with government and private sector leaders.

On Monday, April 18th, Kuramo Capital Management had the pleasure of hosting Nigeria’s Finance Minister, the Honorable Mrs. Kemi Adeosun, at the Harvard Club of New York in midtown Manhattan for a private lunch and group discussion with institutional investors during her first official visit to New York.

Kuramo Capital Management was proud to participate in a fact-finding visit to Nigeria and Rwanda with the U.S. Secretary of Commerce, Penny Pritzker, and members of the PAC-DBIA on January 24 – January 28, 2016. The purpose of the trip was to assess the business environment and make further recommendation to President Obama on the opportunities for commercial engagement that exist between the United States and sub-Saharan Africa. The delegation was made up of U.S. government officials from across agencies including Wanda Felton, Vice Chair and First Vice President, Export-Import Bank of the United States; Kyle Murphy, Director for African Affairs, National Security Council; Subha Nagarajan, West and Central Africa Manager, Overseas Private Investment Corporation (OPIC); and Enoh Ebong, Deputy Director, U.S. Trade and Development Agency, among others.

Kuramo Capital Management was delighted to co-host the launch of the Institutional Investor Roadshow along with McKinsey & Company and the U.S. Department of Commerce at the St Regis Hotel in New York on Tuesday, September 29th, 2015. The Roadshow, which is an initiative of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA), serves as a forum for engagement between African leaders and U.S. Institutional Investors. It is also a platform for government officials on the continent to provide U.S. investors with background on key infrastructure and their priority projects in their countries.

Kuramo Capital Management was delighted to host a special networking event in partnership with the Nigeria Higher Education Foundation on May 20, 2015. Held at our New York office, the event brought together the city’s African young professionals to engage in discussion over the role of higher education in driving economic growth with a keynote address from Walé Adeosun, Founder and Chief Investment Officer of Kuramo Capital. Walé also serves as President of the Nigeria Higher Education Foundation.

Wale Adeosun, CFA, participated in an interview with the CFA Institute discussing investment opportunities in Africa with Melissa Cook, CFA. Below are excerpts from the interview entitled, “African Horizons: Develop a strategy for Africa now before it’s too late, say two experts on investing in Africa”, written by Nathan Jaye, CFA:

U.S. Secretary of Commerce Penny Pritzker has announced the appointment of Walé Adeosun, Founder & Chief Investment Officer of Kuramo Capital Management, to the newly established President’s Advisory Council on Doing Business in Africa (PAC-DBIA). Mr. Adeosun joins a select group of 15 private sector leaders from a variety of industries who have been chosen to advise the President, through the Secretary of Commerce, on strengthening commercial engagement between the United States and Africa.

Kuramo was invited to participate in this Summer’s U.S.-Africa Leaders Summit in Washington, DC. The Summit, during which President Barack Obama invited over 50 African Heads of State to Washington, was the first of its kind and the largest held with African dignitaries.