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NEW-YORK, Sept. 12, 2022 /PRNewswire/ At the eve of the 77th Session of the UN General Assembly (UNGA), Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments. Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women. Backed by global financial institutions as well as leading private corporations, the fund management company plans to invest EUR60 million (approximately US$63 million) in startups leveraging technology to leapfrog development and achieve SDGs in Africa. 100% tech, 100% Africa, 100% equal Janngo Capital Startup Fund, second investment vehicle of the management company, will provide up to EUR5 million seed and growth investments to early-stage tech and tech-enabled startups that (1) enable Africans to improve their access to essential goods and services such as healthcare, education or financial services,

United statesMidi pyréesStefan nalletambyMuller medienMueller medienAmbroise fayolleMillennium development goals mdgsMedium enterprises smesEuropean unionAfrican development bankJanngo capital startup fundAfrica initiativeFinancial sector developmentEuropean investment bankLagence francaise de developpement groupJanngo fund