Janngo Capital, a leading impact-driven venture capital firm, has announced an investment in Jobzyn, a fast-growing Moroccan recruitment technology startup leveraging artificial intelligence to transform hiring processes across Africa and the Middle East and North Africa (MENA) region. The financial terms of the deal remain undisclosed.
This marks Janngo’s second investment in Morocco, following its earlier backing of agritech innovator YoLa Fresh, and reflects the firm’s continued commitment to supporting tech-enabled solutions that drive employment and inclusion.
Founded in 2023 by Simohamed Zizi and Abdelbassite Badou, Jobzyn has quickly emerged as a key player in the region’s recruitment landscape. In just two years, the platform has built a robust client portfolio that includes global firms such as Deloitte, Glovo, and PwC, as well as major Moroccan companies like Maroc Telecom, Intelcia, Inwi, and TGCC (The Greater Cumberland Committee).
Jobzyn’s innovative approach to recruitment was recognized in 2024 with the European Bank for Reconstruction and Development (EBRD) Star Venture Award, highlighting its national impact and regional growth potential.
Simohamed Zizi, CEO and co-founder of Jobzyn, stated;
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.
Jobzyn addresses a critical challenge in the African job market: the overwhelming volume of underqualified applications that recruiters must sift through. By using AI to streamline candidate screening and match talent with relevant opportunities, the platform aims to improve hiring efficiency and transparency.
The African recruitment market is projected to grow at a compound annual growth rate (CAGR) of 8.7%, reaching $32.18 billion by 2031. With over 60% of Africa’s population under the age of 25, the demand for scalable, tech-driven hiring solutions is rapidly increasing.
In the MENA region, job creation is also evolving, with growth in sectors such as real estate, retail, and technology in countries like the UAE, Saudi Arabia, and Qatar. However, youth unemployment remains a pressing issue, with the International Labour Organization (ILO) projecting a 24.5% unemployment rate among young people in 2024. Platforms like Jobzyn are well-positioned to help close these gaps by combining technology, inclusion, and market insight.
Janngo Capital manages Africa’s largest gender-equality-focused tech fund, investing 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% are based in Francophone Africa.
The investment in Jobzyn aligns with Janngo’s mission to improve access to work and economic opportunity, especially for underserved populations. By supporting Jobzyn’s expansion, Janngo is helping to build a more inclusive and efficient job market across Africa and the MENA region.