Kuramo to invest Sh22.4bn in women-led businesses

Kenya’s diaspora remittances have continued to grow with projections indicating a new record high for 2023. FILE PHOTO | POOL

Investment management firm Kuramo Capital plans to lend Sh22.4 billion ($150 million) to female-led enterprises over the next decade.

The funding will be disbursed under an accelerator platform dubbed Moremi Fund, a three-pronged initiative that includes a warehousing and lending facility.

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