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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 electric vehicle startup Zimi has received a grant of $320,000 (about R6 million) from the Energy and Environment Partnership (EEP Africa Trust Fund).
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Scalar International and Mergence Investment Managers have launched a new $150 million private equity fund to support clean energy and digital infrastructure projects in the region.
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South African payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.
