ESG and Impact
Kuramo Capital continues to make significant strides in integrating Environmental, Social, and Governance (ESG) principles across its investments in Africa.

Our Approach to Risk Management: Environmental, Social, and Governance
Kuramo adopts a results-oriented and data-centric ESG strategy that aims to incorporate and oversee ESG factors throughout the investment life cycle. This approach is designed to enhance the long-term value of our investments while delivering tangible improvements where feasible and appropriate.
Kuramo assesses both financial and non-financial factors when evaluating risks and opportunities in relation to the external and internal environments of our investments.
The risk management approach at Kuramo is shaped by ESG factors, which are managed in line with global industry standards. By actively addressing ESG challenges pertinent to our operations, such as environmental, health and safety, labor, social, governance, and business integrity considerations, we ensure Kuramo’s operational license and mitigate risks associated with our investments, thereby protecting the overall performance of our investment.

At Kuramo, we have always believed in the power of inclusive growth and in reimagining what capital can truly achieve. We see Africa’s potential, its promise—and we believe women must be at the center and the forefront of fulfilling it. That belief inspired the launch of the Kuramo Foundation for Sustainable Development, and with it, the Moremi Accelerator Program (MAP). It was our first step in addressing a structural gap, and in doing so, we sought to lead with both conviction and care. MAP reflects our enduring commitment to gender-lens investing, marketdriven solutions, and systems change.

This document details Kuramo Capital Management’s systematic, data-driven methodology for measuring and reporting the ESG and job creation impact of its investments. It outlines the key performance indicators (KPIs) used to assess both the quantity and quality of jobs created. The report emphasizes Kuramo’s focus on monitoring portfolio company performance in areas such as employment figures, wage quality, and access to the labor market through structured data collection and real-time analysis.

Kuramo Capital’s 2022/2023 findings showcase its impactful approach to transforming Africa through strategic investments and a deep commitment to local capital and talent. The firm’s African strategy prioritizes inclusive economic growth and the strengthening of resilient business ecosystems. Evidencing this commitment are key outcomes such as over 70,000 jobs supported, significant financial backing for African SMEs, and substantial tax contributions. Guided by its “6 P’s” ESG and Impact Framework, Kuramo Capital drives sustainable development across the continent.

This report details Kuramo Capital’s significant and ongoing commitment to integrating Environmental, Social, and Governance (ESG) principles throughout its African investment portfolio. The 2022 findings underscore the firm’s dedication to responsible investing, prioritizing key areas such as job creation, gender diversity, financial inclusion, and environmental sustainability. By embedding ESG considerations at every level, and as a UNPRI signatory, Kuramo Capital aims to maximize both social and economic benefits across sub-Saharan Africa.