Fatoumata Bâ’s determination pays off in first closing for her VC fund

Fatoumata Bâ’s determination pays off in first closing for her VC fund

At a time slowed down by the Covid-19 pandemic, Jumia’s ex-director closes a first round of financing for her fund with serious investors, public and private.

Someone shares this article with you
            ▪ Fatoumata Bâ’s determination pays off in first closing for her VC fund

▪ At a time slowed down by the Covid-19 pandemic, Jumia’s ex-director closes a first round of financing for her fund with serious investors, public and private.

https://www.africabusinessplus.com/en/813144/fatoumata-bas-determination-pays-off-in-first-closing-for-her-vc-fund/

Fatoumata Bâ has reached a milestone. The 36-year-old Senegalese entrepreneur, who launched the Ivorian subsidiary of Jumia, has confirmed the launch of her Janngo Capital Startup Fund (JCSF). The vehicle has just completed its first closing with commitments of €34 million (approximately $36 million).

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Private Equity

20/09/2022 at 16h48, by Africa Business+

Pembani Remgro’s Herc van Wyk and Kofi Adjepong-Boateng approach EIB for a second fund

The South African company targets infrastructure on the continent, mainly in brownfields.

Private Equity

17/09/2022 at 08h43, by Africa Business+

“Three to four exits to be announced in late 2022 or early 2023” (Maroc Numeric)

Maroc Numeric Fund II details its investment pace for the last quarter.

Private Equity

16/09/2022 at 07h55, by Africa Business+

Eurazeo explores initiatives in Africa, the new continent for investment

The Paris-based private equity firm with 31 billion euros of assets under management is currently missing...

Consumer goods

09/06/2022 at 16h12, by Africa Business+

Label’Vie and Jumia terminate distribution partnership in Morocco

The group managing the Carrefour brand in the Kingdom partnered with the African e-commerce platform...

Logistics

27/04/2022 at 11h28, by Africa Business+

Who is Larbi Alaoui Belrhiti, ex-Avito and new Jumia logistics managing director? 

The Moroccan joined the pan-African group in 2017, having headed several companies in the digital sector....

Transport & Logistics

14/04/2022 at 16h21, by Africa Business+

Jumia discusses infrastructure sharing with other international operators besides UPS

The platform provides logistics centres to ensure deliveries in place of UPS and is working to extend...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.