Janngo Launches USD66.5m African VC Fund with USD16.6m Anchor Commitment from EIB

Source(s): Janngo

Côte d’Ivoire-based social impact investor Janngo has launched Janngo Capital Startup Fund, a USD66.5m vehicle targeting tech-enabled startups in Africa. The fund will invest from seed through growth stage with at least 50% of startups founded, co-founded, or benefiting women. The fund has received a USD16.6m anchor investment from the European Investment Bank (EIB). Read more»