Janngo

Janngo is a pan-African social start-up studio and venture capital firm that builds, grows, and invests in tech for good champions with proven business models and inclusive social impact. Founded by Fatoumata Bâ, who serves as Executive Chair of Janngo and Managing Partner of Janngo Capital, the firm operates under a full Alternative Investment Fund Management license with main offices in Abidjan, Côte d’Ivoire, and Paris. Janngo Capital, its investment arm, closed its oversubscribed $78 million second fund in 2024, marking Africa’s largest gender-equal tech VC fund. Janngo Capital invests between €50,000 and €5 million in tech and tech-enabled startups across Africa, focusing on those improving access to essential goods and services like healthcare, education, and financial services, enabling SMEs to access markets and capital, and creating sustainable jobs, especially for women and youth. The firm is sector-agnostic, with investments in fintech, agritech, communication and social, and developer tools, targeting Seed, Series A, and later venture stages. Geographically pan-African, it has a strong presence in francophone countries including Côte d’Ivoire, Senegal, Morocco, and Tunisia. Janngo commits to gender equality, with 56% of its portfolio female-founded or led and a pledge to invest 50% in startups founded, co-founded, or benefiting women. It provides both financial and human capital through operating partners to support portfolio growth. The firm has backed companies like Djamo, Lafricamobile, Yolafresh, and Thunders, often co-investing with partners such as Partech, Enza Capital, and Y Combinator.