March 29

Tunisia’s ANAVA Pledges $4.3 Million into Janngo Capital

Anava, the fund of funds has committed to invest $4.3 million into Africa’s gender-equal technology fund Janngo Capital Startup Fund. It also is Janngo Capital Partners’ second investment vehicle.

An additional €4 million equity investment in the Janngo Capital Startup Fund from Smart Capital will increase funding for innovative tech startups in Africa, in particular Francophone countries and companies founded by women, said Fatoumata Bâ, Founder and Executive Chair of Janngo Capital.

Photo courtesy of Edward Howell.

Source: edge ME (link opens in a new window)

Investing, Technology
gender equality, gender lens, innovation, startups