IFC considering investment in Francophone Africa fund
The IFC has disclosed a proposed investment of up to $6 million in the Janngo Capital Startup Fund.
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The International Finance Corporation (IFC) has disclosed a proposed equity investment of up to $6 million in the Janngo Capital Startup Fund.
The fund has a target size of €60 million and a hard-cap at €75 million.
It has a primary focus on Francophone African markets and will deploy at least 70% of invested capital in West Africa.
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