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Kuramo Capital Management has closed investment mandates worth approximately $500 million, with the bulk of the capital coming from African pension funds and development finance institutions — a notable milestone in the push to mobilise domestic capital for the continent’s private markets.
The mandates span three vehicles: commitments to the Investment in Digital and Creative Enterprises (iDICE) initiative alongside Nigeria’s Bank of Industry; MEMA, an East African pension investment vehicle; and the Kuramo Africa Opportunity…
