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African VC Janngo marks final close of second fund with oversubscription

African VC Janngo marks final close of second fund with oversubscription

04 Nov 2024

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African VC Janngo marks final close of second fund with oversubscription

Janngo Capital leadership team (L to R): Emmanuel Chavane (General Partner), Fatoumata Bâ (Founder and Executive Chairwoman), Antonia Gleizes-Lacombe (Operating Partner), Ayebobo Niang (Operating Partner) and Sébastien Nony (General Partner)

Janngo Capital, a Francophone Africa-focused multi-stage venture capital firm that backs tech-based small and medium enterprises, marked the final close of its second investment vehicle with an oversubscription. The International Financial Corporation (IFC)-backed Janngo Capital secured 20% more commitments than the $65 million initial target for its Startup Fund. The Ivory ......