Sarah Ngamau is reshaping the investment sector in Africa through her work with the Moremi Fund, championing greater inclusion of women in finance and entrepreneurship.
With over 15 years dedicated to building Africa’s private equity and venture capital sectors, Sarah Ngamau has established herself as a leading voice in the industry. Currently serving as a Managing Director and Partner at the Moremi Fund, an initiative launched by Kuramo Capital Management, she’s at the forefront of gender-lens investing.
*Kuramo Capital Management is a Nigerian private equity firm founded by Wale Adeosun, a respected leader in Africa’s investment landscape, known for mobilising capital into African enterprises and championing impact-focused investment across the continent. It focuses on key sectors like Financial Services, Agriculture, Technology, and Power.
Leading the Moremi Fund
When Sarah Ngamau took the leadership role at the Moremi Fund, she brought with her not only considerable experience but also a clear sense of purpose around gender diversity in investment. The fund’s focus is solely on supporting female fund managers and women-led businesses.
In her role as Managing Director, she guides everything from strategy and deal sourcing through to due diligence and portfolio management.
Before the Moremi Fund, the Kenyan private-equity executive served as Managing Director at Creadev International, a private equity firm managing a $2 billion portfolio. There, she co-led the Africa strategy and directed deal execution. Her earlier roles include Vice President at Kuramo Capital and positions with TBL Mirror Fund in East Africa, where she focused on sectors such as ICT, fast-moving consumer goods, and healthcare.
This diverse professional journey has equipped her with robust expertise in both investment and operational management. Sarah Ngamau holds an MBA in Strategic Management from the University of Nairobi, a bachelor’s degree in Economics and Accounting, and is a Certified Public Accountant.
Opening doors for women
The Moremi Fund has pledged to invest roughly $150 million over the coming decade in women-led enterprises and gender-diverse fund managers across Africa. The initiative rests on three key pillars: a fund of funds, a warehousing and lending facility, and an accelerator programme supporting female entrepreneurs and fund managers.
Each year, the accelerator brings together approximately 40 women, offering them mentorship, business training, and access to networks designed to strengthen their ventures and help attract additional investment. The fund tackles liquidity challenges faced by women-owned businesses, a significant obstacle within the region’s financial ecosystem.
Sarah Ngamau has been vocal about the importance of more women assuming leadership positions in fund management, pointing out that such representation directly influences how capital flows to women entrepreneurs. Her work forms part of a wider movement to be intentional about gender considerations in Africa’s investment framework.
Recognition and wider contributions
Outside her responsibilities at Moremi, Ngamau serves on various boards and investment committees dedicated to advancing entrepreneurship and innovation across the continent. In 2019, she was named one of Kenya’s Business Daily Top 40 Under 40, acknowledging her significant impact in the finance and investment space.
