Pan-African venture capital firm Janngo Capital has finalized its second fund at $78 million, it announced on October 30. This further advances its commitment to early-stage tech startups across Africa.

Janngo distinguishes itself as a "gender-equal" investor, with 56% of its portfolio companies being women-led, given that Africa has the highest rate of female entrepreneurship globally, yet receives minimal VC backing for female founders.

The firm’s investments target diverse sectors including healthcare, logistics, financial services, retail, agritech, mobility, and the creator economy.