Kuramo Capital

Name

Kuramo Capital

Legal name

Kuramo Capital Management

Website

https://kuramocapital.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Account / SMA Multi-Manager Platforms (FSANAGAL)

akta.pro secondary industries

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), SDG / Thematic Sustainable Investment Funds (FSANAJAN)

Keywords

• Fund management services
• Private equity investing
• Impact investment funds
• Emerging market investments
• Fund-of-funds management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees - Kuramo Africa Opportunity Funds: Kuramo Capital serves as General Partner of the $800 million Kuramo Africa Opportunity Funds (KAOF), generating management fees from institutional investor commitments. The firm earns fees from managing primary fund investments, direct investments, co-investments, and separately managed accounts tailored to investor goals.
2. Separately Managed Accounts (SMAs): Customized investment solutions creating tailored portfolios for each investor's unique goals, leveraging multi-manager, multi-asset platform with access to diverse, risk-adjusted opportunities.
3. Primary Fund Investments: Anchor commitments to unlock exclusive, hard-to-access funds, focusing on emerging managers and regional funds in West, East, and Southern Africa.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Kuramo Capital Management is a private investment management firm that connects global institutional capital with African investment opportunities through a multi-asset platform spanning fund-of-funds investments, direct equity investments, co-investments, and separately managed accounts. The firm serves as General Partner of the $800 million Kuramo Africa Opportunity Funds (KAOF) and manages impact-aligned vehicles including the Nigeria Wholesale Impact Investment Fund and Ethiopia's Enterprise Financing Facility.

Product overview

Kuramo Capital Management is a private equity and impact investment firm operating a multi-asset investment platform with three core product lines: Fund Investments (fund-of-funds strategy providing anchor commitments to emerging African fund managers), Direct Investments (co-investments and direct equity in high-growth African businesses), and Impact Investments (ESG-integrated investments including gender-lens initiatives). The platform is anchored by the $800 million Kuramo Africa Opportunity Funds (KAOF) and extended through Separately Managed Accounts (SMAs). Notable initiatives include the Moremi Platform for gender-lens investing, the Nigeria Wholesale Impact Investment Fund (WIIF), and the Ethiopia Enterprise Financing Facility (EFF). The firm focuses on financial services, agriculture, technology, infrastructure, and power sectors across Sub-Saharan Africa.

Differentiator

Problem solved

Functional benefit

Brands

• Moremi Platform: Gender-lens investing initiative supporting women-led funds and enterprises in Africa through accelerator programs, warehousing facilities, and fund-of-funds approach.
• Moremi Accelerator Program (MAP)
• Nigeria Wholesale Impact Investment Fund (WIIF)
• Enterprise Financing Facility (EFF)
• 2X Ignite Africa Warehousing Facility

Products and services

• Fund Investments (Fund-of-Funds)
• Direct Investments

Quantifiable outcome

• Over $3.5 billion catalyzed to Sub-Saharan African businesses
• +6 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered flagship, supporting and core.

• National Advisory Board on Impact Investing (NABII)flagshipStrategic or Co-development Partner · 1 January 2025Partnership with NABII for the Nigeria Wholesale Impact Investment Fund (WIIF) established to address critical financing gap faced by Nigeria's micro, small and medium-scale enterprises.
• MEDAsupportingStrategic or Co-development Partner · 1 January 2025MEDA is an initiative partner in the GLI (Gender Lens Initiative) supporting women-led funds in Africa through the Moremi Platform.
• SopactsupportingTechnology or Integration · 1 January 2025Sopact provides automated ESG data collection and analysis platform for Kuramo's impact measurement and reporting across portfolio companies.
• CrossBoundarysupportingStrategic or Co-development Partner · 1 January 2025CrossBoundary is an initiative partner in the GLI (Gender Lens Initiative) supporting women-led funds in Africa.
• Solt AdvisorysupportingStrategic or Co-development Partner · 1 January 2025Solt Advisory is an initiative partner in the GLI (Gender Lens Initiative) providing accelerator services to women-led funds.
• African ManagerssupportingStrategic or Co-development Partner · 1 January 2025African Managers is an initiative partner in the GLI (Gender Lens Initiative) supporting the African fund management ecosystem.
• 2X Global (additional)coreStrategic or Co-development Partner · 1 January 20252X Global partnership through the GLI Initiative to support female-led/gender-balanced fund managers with gender lens investing strategies in Africa, part of Kuramo's Moremi Platform.
• National Bank of EthiopiacoreStrategic or Co-development Partner · 1 January 2024Collaborating with National Bank of Ethiopia for the Enterprise Financing Facility (EFF) to catalyze access to finance for MSMEs and support Ethiopia's economic development and Homegrown Economic Reform Agenda.
• 2X GlobalcoreGTM or Marketing Partner · 7 November 2023Kuramo Capital was selected as manager for the 2X Ignite Africa Investment Facility for Warehousing Capital, a strategic initiative to support female-led/gender-balanced fund managers with gender lens investing strategies in Africa. The facility provides portfolio building capital to eligible fund managers for warehousing deals while fundraising.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• GroFin: Africa-focused development financier supporting SMEs across multiple African markets. Comparable to Kuramo in development-oriented SME finance across Sub-Saharan Africa.

Direct peers

• Ascent Capital: East Africa-focused private equity and venture capital manager. Comparable to Kuramo in East Africa presence, institutional fundraising, and SME/growth-stage investing.
• African Capital Alliance: Pan-African private equity firm with offices in Lagos and Mauritius. Comparable to Kuramo on West Africa institutional reach and direct investing across multiple sectors.
• Verod Capital: West Africa-focused growth equity investor based in Lagos. Comparable to Kuramo on West Africa institutional investing, direct equity deals, and partnership-oriented model.
• Ethos Private Equity: Southern Africa-focused private equity firm managing multiple funds across the continent. Comparable to Kuramo as a regional Africa PE manager raising from institutional investors and pursuing direct investments.
• Actis: Global emerging markets PE and infrastructure investor with a substantial Africa franchise. Comparable to Kuramo on emerging/frontier market focus, institutional LPs, and impact orientation.
• Development Partners International (DPI): Pan-African private equity firm investing across multiple sectors and stages in Africa. Closely comparable to Kuramo in terms of Africa focus, institutional LP base, and active direct investment strategy.
• Phatisa: Pan-African private equity fund manager with food, retail, and energy sector focus. Comparable to Kuramo in fund-of-funds heritage, African institutional relationships, and emphasis on development impact.

Broad incumbents

• British International Investment (BII, formerly CDC): UK development finance institution investing across Africa and South Asia. Comparable to Kuramo as a major capital source for African fund managers and as a counterparty in competitive fund manager appointments like EFF.

Others

• African Development Bank (AfDB): Multilateral development bank financing African private equity funds and SMEs. Comparable as ecosystem counterparty — a potential capital partner for impact mandates parallel to WIIF and EFF.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/KuramoCapMgmt
• LinkedInlinkedin.com/company/kuramo-capital-management

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kuramo Capital