- 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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Dubai-based manufacturer Maser Group is repositioning itself in Africa, channeling a large portion of its capital into agricultural land and digital infrastructure projects as the continent grapples with rising food import bills and a fast-growing need for data capacity.
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Delta40, an Africa-focused venture builder, has successfully raised $20 million to expand its combined venture studio and early-stage investment fund, a financing round the firm says is the first institutional raise of its kind on the continent to merge hands-on company building with seed capital.
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Phatisa Food Fund 3, a new investment vehicle aimed at supporting food-related businesses across Africa, has successfully secured $86 million in initial commitments, marking the first major fundraising milestone since the fund’s launch.