📋 Tender Overview
Project Number: 46342
Company Name: JANNGO CAPITAL START-UP FUND
Date SPI Disclosed: Apr 3, 2024
Country: Western Africa Region
Region: West Africa
Projected Board Date: Jun 28, 2024
Environmental Category: FI-2
Status: Pending Signing
Department: Disruptive Technologies and Funds
Industry: Funds
Sector: Venture Capital Fund
Additional Project Attributes: Blended Finance
Project Description
IFC is considering an equity investment of up to US$6M in Janngo Capital Startup Fund ( The Fund ), a West and North African multi-stage venture capital fund domiciled in France with a target size of €60M and a hard-cap at €75M. The Fund is managed by Janngo Capital Partners ( Janngo or the Fund Manager ). The Fund will be supported by the Blended Finance Facility (BFF) of the IDA18 IFC-MIGA Private Sector Window (IDA PSW), created by the Word Bank Group to catalyze private sector investment in IDA countries, with a focus on fragile and conflict-affected states.
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington,
DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
