ANAVA, a fund of funds, commits €4 million to Janngo Capital Startup Fund (JCSF), Africa’s largest gender-equal tech fund.

ANAVA, a fund of funds, commits €4 million to Janngo Capital Startup Fund (JCSF), Africa's largest gender-equal tech fund.

JCSF aims to invest in about twenty-five startups in francophone Africa, focusing on early-stage tech companies improving access to essential services, empowering African startups, and creating sustainable jobs, especially for women and youth.

Funded by the World Bank, CDC, and KFW, JCSF is supported by investors like EIB, AfDB, Proparco, and the European Commission's Boost Africa initiative.

Alaya Bettaieb, Director General of Smart Capital, highlights the investment's importance in expanding Tunisian startups' presence in Africa.

Fatoumata Bâ, Founder of Janngo Capital, emphasizes the impact of additional funding on tech startups, particularly those led by women.

ANAVA, Tunisia's first euro-denominated fund, aims to boost innovation and startups in Tunisia and beyond, managing a total of €100 million to support Tunisian startups' growth and internationalization.

Managed by Smart Capital, authorised by the CMF, ANAVA plays a key role in Tunisia's national initiative "Startup Tunisia".