Yango Group, a leading technology company, has announced the launch of a new institutional investment fund named “Yango Ventures” with a value of $20 million.
The fund aims to support promising startups in regions including Sub-Saharan Africa, Latin America, the Middle East, North Africa, Afghanistan, Pakistan, and other fast-growing areas.
The fund will focus on providing necessary funding, guidance, and access to Yango’s extensive network of resources and expertise.
This will enable startups to expand and create a positive impact in their communities.
In Zambia, for instance, Yango Ventures plans to foster local innovation and entrepreneurship, equipping startups with the tools they need to succeed.
Daniel Shuleiko, CEO of Yango Group, stated: “It’s not just about investment; it’s about building an ecosystem where startups can thrive. We aim to create a supportive environment that allows these companies to grow and make a real impact in their markets.”
