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History as Janngo Capital seals Africa’s largest gender-equal $78M tech VC fund

History as Janngo Capital seals Africa’s largest gender-equal $78M tech VC fund

  • Janngo Capital’s $78M fund has redefined gender-equal investment in Africa’s tech sector.
  • This has positioned the firm as a key player in African venture capital scene while supporting women-led enterprises across the continent.
  • Janngo’s fund has drawn new investors, Mastercard Foundation Africa Growth Fund, U.S. International Development Finance Corporation (DFC), International Finance Corporation (IFC), and ANAVA Fund.

Janngo Capital, a female-led Pan-African venture capital firm, has made history by finalizing its second fund at an impressive $78 million, 20 per cent beyond its original target.

This milestone establishes Janngo Capital as the largest gender-equal tech VC fund in Africa, a remarkable achievement that underscores the rising global and local interest in gender-lens investing.

The firm’s founder, Fatoumata Bâ, celebrated this landmark by highlighting the firm’s commitment to empowering women entrepreneurs and driving equal opportunities in the tech sector.

Janngo Capital’s $78 million fund has redefined gender-equal investment in Africa’s tech …

The post History as Janngo Capital seals Africa’s largest gender-equal $78M tech VC fund appeared first on The Exchange.

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