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Kuranga & Associates VC Fund (Update)

12 Apr

David O. Kuranga, Ph.D.

The author is the Managing Director and Principal of Kuranga and Associates, a full-service investment, political and economic risk consultancy, and asset management firm that specializes in Africa. He is also the author of The Power of Interdependence with Palgrave Macmillan Press.

We are in the process of wrapping up our seed round for our SME Venture Fund for Nigeria. Kuranga and Associates Venture Capital is a new 30 million dollar Venture Capital Fund for Nigeria specializing in Small to Medium-size Enterprises (SMEs). The fund expects to hold its first closing in 2013. SMEs have a vital role to play in developing economies as they account for a large percentage of the overall growth in the economy. For a myriad of reasons it is difficult for international capital investors to access privately owned businesses across Africa. The goal of Kuranga & Associates Venture Capital is to help remove this obstacle and provide international capital for talented African entrepreneurs starting in Nigeria. Kuranga and Associates is currently forming strategic partnerships with individual and institutional investors.

Our target investors and institutional partners seeking high-yielding investments also have a desire to make an impact through socially responsible investing (SRI). The fund targets a capital of $33 million USD (first closing at $18 million USD). Along with our partners, the fund seeks to acquire additional individual and institutional investment commitments. The growth of the SME sector in Nigeria far outpaces the growth found in many of the conventional financial markets. Individual investors that are seeking to diversify their portfolio to include high-yielding investments in Africa should take a close look at our fund. For details contact us by email or phone.

David O. Kuranga; Ph.D. Managing Director
Kuranga & Associates Global Consultancy
Phone: 212.363.0936
david.kuranga@kaglobal.net
https://kurangaandassociates.wordpress.com
http://us.macmillan.com/thepowerofinterdependence/DavidOladipupoKuranga

Kuranga & Associates Venture Capital

7 Nov

Kuranga & Associates Global Consultancy
Office: 646.481.6263
New York, NY
david.kuranga@kaglobal.net
https://kurangaandassociates.wordpress.com/

Kuranga and Associates Venture Capital Fund

25 Sep

Kuranga and Associates is launching a new 30 million dollar Venture Capital Fund for Nigeria specializing in Small to Medium-size Enterprises (SMEs). The fund is currently in fund-raising stage and expects to hold its first closing by the beginning of 2013. SMEs have a vital role to play in developing economies as they account for a large percentage of the overall growth in the economy. For a myriad of reasons access to credit is a major obstacle for talented entrepreneurs across Africa. The goal of Kuranga & Associates Venture Capital Fund is to help remove this obstacle for talented African entrepreneurs starting in Nigeria. Kuranga and Associates is currently forming strategic partnerships with individual and institutional investors. For more information about the fund contact Kuranga and Associates MD, David Kuranga directly by email: david.kuranga@kaglobal.net, or phone: 646.481.6263.

Kuranga & Associates Global Consultancy
Office: 646.481.6263
New York, NY
david.kuranga@kaglobal.net
https://kurangaandassociates.wordpress.com/

Calling Investors

5 Jul

We are looking for any individual or institutional investors interested in investing in a new VC Fund focused on SME’s in Nigeria. Investments will be targeted at renewable energy, agriculture, and firms that have a solid history of profitability and growth. The minimum investment is 1,000,000 USD for individuals and 5,000,000 USD for institutional investors. If you or anyone you know is interested and would like further details, please contact me directly.

David O. Kuranga, Ph.D.
Managing DirectorKuranga & Associates Global Consultancy
Office: 212.363.0936
New York, NY
david.kuranga@kaglobal.net
https://kurangaandassociates.wordpress.com/
http://us.macmillan.com/thepowerofinterdependence/DavidOladipupoKuranga