- EmpowerAfrica
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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
African Changemaker
Fatoumata is a Senegalese tech entrepreneur driving change in Africa’s venture capital space.
She believes in the power of technology as a catalyst in propelling socially conscious “leapfrog development” on the continent. This drive pushed her to found Janngo.africa Capital, Africa’s first social startup studio leveraging technology to build, grow and invest in pan-African ‘tech for good’ champions with proven business models and inclusive social impact.
Fatoumata is currently serving as the Founder and Executive Chair of Janngo Capital. Passionate about women’s entrepreneurship and empowerment, her career and commitment have earned her several distinctions, including being named The World Economic Forum Young Global Leader.
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South African private equity firm Infinite Partners has completed fundraising for its Core Equity Fund II, securing approximately $169.8 million to finance growth and ownership transactions in established mid-market businesses.
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East Africa Foods (EAF), a Dar es Salaam-based agritech and food distribution company, has raised approximately $40 million to expand its processing, storage, transport, and digital infrastructure.
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Lighthouse Capital is raising a $50 million private equity fund to invest in growing mid-market companies in South Africa and Kenya, combining equity financing with hands-on support for business operations.