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Janngo is a pan-African social start-up studio based in Abidjan, Côte d'Ivoire, founded by Fatoumata Bâ. Established to leverage technology and capital for development, Janngo focuses on creating social impact through investments in technology-driven companies. The organization emphasizes women's entrepreneurship, job creation, and the growth of small and medium-sized enterprises (SMEs). Janngo operates with a target fund size of €60 million, aiming to support early-stage startups across Africa.
Currently, Janngo has a portfolio of approximately 20 companies, reflecting its commitment to gender diversity, with over 56% of these companies being women-led. The organization has also made significant strides in supporting SMEs, having onboarded more than 114,674 SMEs onto its platforms and trained nearly 5,987 young entrepreneurs and managers through various initiatives. Janngo's office locations include Abidjan and Paris, France, allowing it to maintain a strong presence in both local and international markets.
Janngo invests in early-stage African startups across multiple sectors, including healthcare, logistics, fintech, food-agtech, mobility, and the creative industry. The organization adopts a double bottom line approach, targeting both social and financial returns. Investments typically range from €50,000 to €5 million, aimed at tech or tech-enabled startups that enhance access to essential goods and services, improve market access for SMEs, and create sustainable jobs, particularly for women and youth.
Janngo is particularly committed to gender equality, with a goal of investing 50% of its new fund in startups founded, co-founded, or benefiting women. The firm seeks founders who demonstrate a strong vision for social impact and a commitment to sustainable development. Janngo's investment strategy is designed to align with the Sustainable Development Goals, ensuring that its portfolio companies contribute positively to their communities while achieving financial success.
Janngo's portfolio consists of a diverse range of tech and tech-enabled startups across Africa. Notable companies include:
In addition to its investment in individual companies, Janngo has onboarded more than 114,674 SMEs onto its platforms, significantly enhancing their market access. The organization has also trained nearly 5,987 young entrepreneurs and managers, contributing to the development of a skilled workforce across the continent.
Fatoumata Bâ - Founder & Executive Chair. Fatoumata is recognized for her leadership in promoting women's entrepreneurship and has been featured in Forbes 30 Under 30 Africa.
Emmanuel Chavane - General Partner, Partner in charge of Technology. Emmanuel brings extensive experience in technology investments and has a strong background in supporting tech startups.
Sébastien Nony - General Partner, Partner in charge of Investment & Fundraising. Sébastien has a proven track record in fundraising and investment strategy, focusing on impactful ventures.
Antonia Gleizes-Lacombe - Operating Partner, in charge of Marketing, Impact & Partnership. Antonia specializes in marketing strategies that enhance the visibility and impact of portfolio companies.
Startups interested in pitching to Janngo should submit their applications through the designated channel on their website at this link. The pitch deck should include a clear overview of the business model, market opportunity, and social impact objectives. Janngo prefers concise presentations that highlight the startup's unique value proposition and potential for growth.
Response times can vary, but founders can expect to hear back within a few weeks of submission. Warm introductions are beneficial but not mandatory.
In recent months, Janngo has been active in promoting its initiatives and partnerships, particularly through blog posts related to technical assistance projects in Côte d’Ivoire. These posts highlight consultant selections for procurement and financial management, showcasing Janngo's engagement with the startup ecosystem.
Additionally, Janngo celebrated the successful fundraising of $45 million by the mobility fintech GoCab, which underscores the firm's commitment to supporting impactful ventures in the African market.
What are Janngo's investment criteria?
Janngo focuses on early-stage African startups in sectors such as healthcare, logistics, fintech, food-agtech, and mobility. The firm seeks companies that demonstrate potential for social impact and financial returns, particularly those enhancing access to essential goods and services.
How can startups apply for funding?
Startups can apply for funding through Janngo's website at this link. The application process typically involves submitting a pitch deck and relevant business information.
What makes Janngo different from other VCs?
Janngo emphasizes a double bottom line approach, focusing on both social impact and financial returns. The firm is particularly committed to gender equality, aiming to invest 50% of its new fund in women-led startups.
What is Janngo's geographic scope?
Janngo primarily invests in early-stage startups across Africa, with a strong focus on Francophone countries. The organization aims to drive development throughout the continent.
What kind of support does Janngo provide to portfolio companies?
Janngo offers financial support, strategic guidance, mentorship, and access to a network of resources to enhance the growth and impact of its portfolio companies.
What is the typical check size for investments?
Janngo provides financial support ranging from €50,000 to €5 million, depending on the needs and potential of the startup.
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