Pan-African venture capital firm Janngo Capital is deepening its investment in North Africa, leading a new funding round for Jobzyn, a Moroccan HR tech startup using artificial intelligence to streamline recruitment.
The investment, announced today, marks another strategic move by Janngo to deploy capital from its oversubscribed €73m second fund into the often-overlooked Francophone Africa region.
Jobzyn aims to solve a persistent problem for employers in the region: being swamped by a high volume of underqualified applications. The platform uses AI to match candidates with suitable roles, automatically screen for relevant profiles, and assess soft skills before the first interview.
For job seekers, the platform champions transparency by providing key data points often missing from job listings, including employee testimonials, office photos, and salary information — a direct appeal to the expectations of a younger workforce.
“Radical transparency and the effective use of technology can profoundly transform how talent and companies connect,” says Simo Zizi, CEO and cofounder of Jobzyn. “With the support of Janngo Capital, we are accelerating our mission to make the job market more accessible, fair, and efficient.”
A Piece of a Broader Francophone Strategy
The investment in Casablanca-based Jobzyn is consistent with Janngo’s well-defined strategy. The firm, founded by Fatoumata Bâ, concentrates its investments in two key areas: gender-diverse startups and Francophone markets. Currently, 67% of its portfolio companies are based in Francophone Africa, and 56% are women-led.
This focus is intentional. “Today, only 3 million jobs are created each year [in Africa], whereas between 20 and 30 million will be needed by 2050 to absorb our demographic growth,” notes Fatoumata Bâ, Founder and Executive Chair of Janngo Capital. “In this context, Jobzyn addresses a crucial challenge of integrating women, who still represent only 20% of the formal workforce.”
Early Traction with Corporate Giants
Despite the challenging economic climate, Jobzyn has already secured an impressive client roster. The platform is used by international heavyweights like Deloitte, Glovo, and PwC, alongside major Moroccan players such as Maroc Telecom and Intelcia.
The company has also developed a white-label “Career Centre” solution for universities, helping institutions like INSEA and HEC Rabat track graduate employment rates and salary levels while connecting students with partner companies. This early traction was recognised in December 2024 when Jobzyn won the EBRD Star Venture Award for its national impact and regional expansion potential.
Building a North African Track Record
This latest deal follows a clear pattern of North African investments for Janngo. The firm recently led a pre-Series A round for Dabchy, a Tunisian circular fashion marketplace, and previously saw one of the region’s more successful exits with the sale of its stake in Tunisian expense management platform Expensya to Sweden’s Medius, a deal which yielded a 48% internal rate of return (IRR).
By backing Jobzyn, Janngo is not just investing in an AI platform but is reinforcing its thesis that targeted, hands-on support for startups in underserved regions can deliver both significant financial returns and social impact.