Janngo Capital, an impact-focused venture capital firm, has invested in Jobzyn, a Moroccan AI-driven recruitment startup that is reshaping the hiring process across Africa and the MENA region. The financial details of the investment remain undisclosed, but the deal signals Janngo’s growing interest in scaling tech-enabled employment solutions.
Janngo Expands Moroccan Portfolio
This investment marks Janngo’s second venture in Morocco, after previously funding agritech company YoLa Fresh. The firm’s strategy is clear—support startups that create jobs and inclusion at scale. With Jobzyn, Janngo is betting on AI to solve one of Africa’s biggest employment challenges: connecting qualified candidates with the right opportunities.
Founded in 2023 by Simohamed Zizi and Abdelbassite Badou, Jobzyn has rapidly built a reputation as a reliable partner for both multinational corporations and local enterprises. Its client list features global giants like Deloitte, Glovo, and PwC, alongside Moroccan leaders such as Maroc Telecom, Intelcia, Inwi, and TGCC.
AI-Powered Recruitment Gains Momentum
Jobzyn’s platform addresses a major inefficiency in the recruitment process—the flood of unqualified job applications recruiters receive daily. By leveraging AI algorithms, the startup filters, screens, and matches candidates to suitable roles. This not only saves time but also increases fairness and transparency in hiring.
In recognition of its innovation, Jobzyn won the EBRD Star Venture Award in 2024, cementing its place among the region’s most promising startups. CEO Zizi emphasized that Janngo’s backing will help accelerate the company’s mission to build a more accessible and efficient labor market across Africa.
Youth Employment Challenges in Africa and MENA
The African recruitment sector is on a growth path, projected to hit $32.18 billion by 2031, with a compound annual growth rate (CAGR) of 8.7%. With over 60% of the population under 25, Africa has one of the youngest workforces globally, creating massive demand for scalable, tech-driven hiring solutions.
In the wider MENA region, job creation is evolving in fast-growing industries such as real estate, technology, and retail. However, youth unemployment remains a pressing concern. The International Labour Organization (ILO) estimated a 24.5% youth unemployment rate in 2024, underlining the urgency for platforms like Jobzyn.
Janngo’s Gender-Focused Investment Mission
Janngo Capital manages Africa’s largest gender-focused tech investment fund, deploying up to €5 million into startups that drive large-scale job creation. Its portfolio is notable for backing women-led enterprises, which make up 56% of its investments, and for its emphasis on Francophone Africa, where 67% of its portfolio operates.
The firm’s investment in Jobzyn fits its long-term mission—expanding access to work and creating inclusive economic opportunities. By supporting Jobzyn’s expansion, Janngo is not just betting on AI but also championing a vision of an Africa where employment is more efficient, transparent, and accessible to all.
