Janngo, raised at the end of December €10.5 million for its pan-African fund for technology startups, Janngo Start-Up Fund. This first round of fundraising benefited from the participation of the African Development Bank (AfDB) to the tune of €7 million and $3.5 million from the European Union and the Organization of African, Caribbean and Peaceful.

The digital social entrepreneurship platform founded by the Senegalese Fatoumata Bâ raised funds in order to strengthen its activities. According to the AfDB, the fund is expected to strengthen the private sector by deploying technology-based business models for small and medium-sized enterprises that meet the needs of disadvantaged populations, create employment opportunities for youth and women and that improve the quality of life of African populations. Janngo Start-Up Fund creates, develops and invests in technology start-ups, mainly in French-speaking West Africa in the fields of agribusiness, financial services, energy, education and health.