On Monday, March 25, the fund of funds ANAVA committed to invest 4 million euros in Janngo Capital Startup Fund (JCSF), the largest egalitarian fund dedicated to technology in Africa, and the second investment vehicle of Janngo Capital Partners.

The ANAVA fund of funds will invest in around twenty-five early-stage technology startups in French-speaking Africa, including Tunisia. These businesses facilitate African consumers' access to essential goods and services, enable African businesses to improve their access to markets and capital, and contribute to the creation of sustainable jobs on a large scale, with a particular focus on women and youth.

According to Alaya Bettaieb, CEO of Smart Capital, a company approved by the Financial Market Council (CMF), mandated by the Tunisian State to deploy its national program, Startup Tunisia, this is the “first ANAVA's investment in a pan-African fund, which will help Tunisian startups expand their market and presence in a fast-growing Africa, and which will allow ANAVA to forge alliances with other global players on