Janngo, a venture capital firm, has invested an undisclosed amount in Jobzyn, a Moroccan recruitment technology company using artificial intelligence to transform hiring in Africa and the Middle East and North Africa (MENA) region. This is Janngo’s second Moroccan bet, following its backing of agritech company YoLa Fresh.
Jobzyn was founded in 2023 by Simohamed Zizi and Abdelbassite Badou. In just two years, the platform has built a strong client base that includes Deloitte, Glovo, and PwC, alongside local leaders such as Maroc Telecom, Intelcia, Inwi, and the Greater Cumberland Committee (TGCC). Its work was recognised in 2024 with the European Bank for Reconstruction and Development (EBRD) Star Venture Award for national impact and regional potential.
“With the support of Janngo Capital, we are accelerating our mission to make the job market more accessible, fair, and efficient across the entire continent,” said Zizi, CEO and co-founder of Jobzyn.
The platform addresses a common challenge for recruiters who face overwhelming volumes of underqualified applications. The African recruitment market is projected to grow at a compound annual growth rate of 8.7% between 2023 and 2031, reaching $32.18 billion by 2031. With more than 60% of the continent’s population under the age of 25, the demand for innovative hiring solutions is accelerating.
In the MENA region, the job market is also evolving. The first half of 2024 saw growth in real estate, retail, and tech roles in countries such as the UAE, Saudi Arabia, and Qatar. Yet youth unemployment remains high, with the International Labour Organization projecting a rate of 24.5% in 2024. Platforms like Jobzyn are positioning themselves to close these gaps by combining transparency, technology, and inclusion.
Janngo Capital manages the largest gender-equality-focused tech fund in Africa, with investments of up to €5 million in startups that create large-scale employment opportunities, particularly for women and youth. Currently, 56% of its portfolio companies are women-led, and 67% were founded in Francophone Africa. The investment in Jobzyn reflects Janngo’s focus on improving access to work, especially for young people and women.