Janngo Capital, led by Fatoumata Ba, Closes $78M Second Fund, One of Africa's Largest Female-led Investment Funds

Janngo Capital, an African venture capital firm led by Fatoumata Ba, has successfully closed its second fund, raising $78 million. This fund is noted as one of Africa's largest female-led investment funds aimed at supporting startups. The announcement highlights the growing trend of female-led venture capital initiatives in Africa, indicating a significant step towards gender equality in the investment landscape. The fund aims to empower female entrepreneurs and contribute to the development of the startup ecosystem across the continent.