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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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3IF Ventures, a venture capital fund focused exclusively on Africa’s insurance technology sector, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.
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French development finance institution Proparco has extended a new financing facility to Kenyan healthtech company Tibu Health, providing fresh capital to support the expansion of its primary healthcare network.
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South African venture capital firm Aions Ventures has unveiled a new ZAR100 million (US$6.1 million) investment vehicle aimed at supporting early-stage technology startups as they move from initial market traction to larger growth-stage funding rounds.