Janngo Capital, which recently received backing from Tunisian fund of funds Anava, was joined by key strategic co-investors, including US-based firms Renew and Village Capital.
The investment round was led by venture capital firm Creandum, with participation from Janngo.africa and existing investors such as Y Combinator, Firstminute Capital, 4Cities, The Raba Partnership, Kara Investments, Algorithmic Strategies, Rebel Fund, Maiora, and Pioneer Fund.
Building on the success of Temtem ONE, founder Kamel Haddar is expanding his impact on the African tech landscape with Code213. The edtech startup has already trained thousands in just two years of existence.
Founded in 2022 by former Fawry and Orange executive Maged Negm, Qme SaaS positions itself as Africa’s first AI-based customer journey platform, integrating booking, queuing, and payments into a unified digital infrastructure.
Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.
This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.
Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.
Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.
The EU's MiCA framework has approved ten stablecoin issuers, including Circle and Crypto.com, to operate in the region. However, Tether, the largest stablecoin issuer, has been notably excluded from this EU approval.
