Janngo Capital's Impact on Africa with Its Gender-Equality Fund

Wednesday, 30 October 2024, 06:05

Africa's Janngo Capital has successfully closed its second fund at $78 million, highlighting its commitment to gender-equality. This significant funding surpasses its initial target, showcasing the growing investment landscape in Africa. Led by Fatoumata Bâ, the fund aims to empower women entrepreneurs across the continent.
Techcrunch
Janngo Capital's Impact on Africa with Its Gender-Equality Fund

Africa's Janngo Capital Shines

In a remarkable achievement for gender-equality in investment, Africa's Janngo Capital has closed its second fund at $78 million, 20% more than its initial target of $63 million.

Building a Stronger Future

This venture capital firm, led by renowned leader Fatoumata Bâ, focuses on empowering women entrepreneurs across Africa.

  • First close in 2022 at €26 million
  • Supported by various partners, including the African Development Bank
  • Committed to fostering gender equality in financing

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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