Janngo capital

Why we invest in Africa

Africa is facing unprecedented challenges; yet it only represents less than 2% of the Foreign Direct Investments globally (including VC funding)(1)

Economic growth

$1.3 trillion / year
to fund SDGs
in Africa by 2030(2)

Job creation

20 to 30m new jobs / year
to employ our youth
in Africa by 2030(3)

Climate change

$400b / year
for climate finance
in Africa by 2030(4)

Gender equality

$42 billion funding gap for women entrepreneurs in Africa(5)

“We have built a strong track record in the region through our first fund with investments in 11 tech & tech-enabled startups across Africa. Our portfolio companies are 56% women-led and have already positively contributed in solving key market failures and creating jobs in healthcare, logistics, financial services, retail, food & agribusiness, mobility and the creative industry.“

Fatoumata Bâ
Fatoumata Bâ, Founder & Executive Chair of Janngo Capital

What we look for

Early stage
African startups
in growth markets
50% startups founded,
co-founded or benefiting
women
A double bottom line approach
stimulating both social & financial
returns

Janngo Capital invests between 50 000 and 5 million euros in tech or tech-enabled startups that:

  • enable Africans to improve their access to essential goods and services such as healthcare, education or financial services;
  • enable African SMEs to improve their access to market & capital;
  • create sustainable jobs at scale, with a strong focus on women & youth.

We invest both financial & human capital thanks to our in-house full-time team of operating partners & experts working hand-in-hand with our portfolio companies to help them achieve product / market fit, deliver hypergrowth and de-risk market expansion.

We are sector-agnostic and have previously invested in healthcare, logistics, financial services, retail, food & agri, mobility and the creative industry.

We are pan-African and are able to invest anywhere in Africa. Our current portfolio is equally distributed between francophone and anglophone Africa.

We have made a strong commitment to gender-equality : our current portfolio is 56% female-founded & led and we plan to invest up to 50% of our new fund in startups founded, co-founded or benefiting women.

How we invest

1

Startup profile and assessment

2

Founders invited to pitch to Janngo Capital’s team

3

Final review addressing remaining concerns

4

Investment Committee & Term sheet negotiation

 Term sheet signature

(1) Foreign Direct Investment in Africa - Some Case Studies, published by the International Monetary Fund (IMF), 2002 - (2) Long-term Financing for Sustainable Development in Africa published by United Nations Economic Commission for Africa, 2020 - (3) Compétence, Professionnalisme et Professionnalisation published by Agence Française de Développement (AFD), July 2019 - (4) The criticality of climate finance for Africa written by Amar Bhattacharya, Senior Fellow – Global Economy and Development, Center for Sustainable Development, February 2022 - (5) Unleashing Women’s Entrepreneurship through Strategic Partnerships by the African Development Bank (AfDB)