Yango Group, a Dubai-based conglomerate, has announced the creation of Yango Ventures, a $20 million corporate venture fund to support early-stage startups across high-growth regions like the MENA region, Pakistan, Sub-Saharan Africa, and Latin America. The fund targets startups in sectors such as online-to-offline (O2O), business-to-business software-as-a-service (B2B SaaS), and fintech, ranging from seed to Series B stages.
Yango Ventures plans to expand its capital base as entrepreneurial ecosystems grow in these emerging markets. Yango Group CEO Daniil Shuleyko highlighted the company’s broader mission, stating, “Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change in their communities.”
Beyond Financial Investment
The vision for Yango Ventures extends beyond monetary investment. The fund plans to leverage its network of professionals with expertise in fields like mobility, fintech, and AI to offer strategic resources and mentorship to startups. Shuleyko further emphasised the company’s approach, stating, “Our mission is simple: let people grow with us. By supporting local talent with the right tools and resources, we aspire to foster sustainable business growth and contribute to resilient and inclusive economies across the globe.”
Unlike many venture funds, Yango Ventures intends to take a flexible and supportive approach, allowing entrepreneurs to lead their ventures while offering guidance and resources. It does not plan to exert excessive control over portfolio companies or demand board seats unless specifically requested.
Ambitious Investment Goals
Yango Ventures sees Series A startups as prime opportunities for achieving returns of 10–20x over an undisclosed period. The focus is on scalable business models where Yango’s expertise can provide substantial value. As part of its long-term vision, Yango Ventures aims to collaborate with other venture capital firms to enhance its reach and impact.
Looking to the future, the fund intends to promote digital transformation and entrepreneurial growth by hosting networking events and collaborating with educational institutions to nurture the next generation of entrepreneurs.
With plans to possibly expand its initial $20 million fund, Yango Ventures is setting its sights on revolutionising the startup landscape across its target regions.
I am passionate about crafting stories, vibing to good music (and making some too), debating Nigeria’s political future like it’s the World Cup, and finding the perfect quiet spot to work and unwind.
This fresh effort from the payments giant targets students, recent graduates, and professionals at the beginning of their careers. Participants will explore in-demand fields such as cybersecurity, design, marketing, and product management.
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Launched in 2022 but fully operational by 2023, Hydrogen’s explosive growth is largely attributed to its increasing transaction volume, a broadening partner network, and an aggressive efficiency strategy. The fintech offers an extensive service bouquet including InstantPay, POS systems, cards, switching infrastructure, and a robust payment gateway.
FibreX comes with renewed efforts to expand the country’s fibre optic backbone. MTN Nigeria is supporting the Federal Government’s push to extend national fibre capacity from 35,000 km to 125,000 km—an ambitious plan that includes an additional 90,000 km of fibre.
Despite this industrial promise, Ghana’s 5G journey has been riddled with delays. From the initial target of December 2024, deadlines have slid — first to January 2025, and now June.
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This marks the seventh edition of the accelerator, open to Seed to Series A startups that have at least one founder of African descent, a live product in market, and a responsible approach to AI innovation.
Vendease CEO and co-founder Tunde Kara confirmed the exit, stating the business had recovered its investment in Ghana within six months.
The new PoS system comes with a range of advanced features, including real-time monitoring, instant settlements, pay-by-link options, and a 100% transaction success rate. It’s also been optimised to suit businesses of all sizes, giving merchants a more reliable and efficient way to manage their payments without disruption.
This fresh effort from the payments giant targets students, recent graduates, and professionals at the beginning of their careers. Participants will explore in-demand fields such as cybersecurity, design, marketing, and product management.
The directive, signed by Amonia Opusunju on behalf of the Director of Compliance, emphasised that institutions must rigorously monitor both local and international watchlists. These include the United Nations Consolidated Sanctions List and the Nigerian Sanctions List, maintained under the Terrorism (Prevention and Prohibition) Act 2022.
Launched in 2022 but fully operational by 2023, Hydrogen’s explosive growth is largely attributed to its increasing transaction volume, a broadening partner network, and an aggressive efficiency strategy. The fintech offers an extensive service bouquet including InstantPay, POS systems, cards, switching infrastructure, and a robust payment gateway.
FibreX comes with renewed efforts to expand the country’s fibre optic backbone. MTN Nigeria is supporting the Federal Government’s push to extend national fibre capacity from 35,000 km to 125,000 km—an ambitious plan that includes an additional 90,000 km of fibre.
Despite this industrial promise, Ghana’s 5G journey has been riddled with delays. From the initial target of December 2024, deadlines have slid — first to January 2025, and now June.
At the GITEX Africa 2025 summit, Nigeria’s tech policy chief, Kashifu Inuwa, took the spotlight, urging the global tech ecosystem to keep AI development grounded in human values. Representing the National Information Technology Development Agency (NITDA), Inuwa joined global industry players to unpack how artificial intelligence is reshaping businesses across the world. During a panel […]
The West African Examinations Council (WAEC) has introduced the first computer-based WASSCE for school candidates in Nigeria. WAEC announced the major shift during a press briefing at its national office in Yaba, Lagos, on Thursday. Dr. Amos Dangut, Head of WAEC Nigeria, said the council is fully prepared to conduct the 2025 exam using digital […]
This marks the seventh edition of the accelerator, open to Seed to Series A startups that have at least one founder of African descent, a live product in market, and a responsible approach to AI innovation.
Vendease CEO and co-founder Tunde Kara confirmed the exit, stating the business had recovered its investment in Ghana within six months.
The new PoS system comes with a range of advanced features, including real-time monitoring, instant settlements, pay-by-link options, and a 100% transaction success rate. It’s also been optimised to suit businesses of all sizes, giving merchants a more reliable and efficient way to manage their payments without disruption.
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