Jobtech Alliance Invests in African Startups Like Selar and Mwingi to Boost Employment

25 Aug 2024

Jobtech Alliance has expanded its portfolio by investing in eight new African tech startups. This move strengthens the Alliance's already impressive portfolio, which now includes 25 jobtech platforms operating across seven African countries. These platforms are dedicated to creating job opportunities for youth, improving employment quality for workers, and uplifting underserved communities, including women and refugees.

“We’re thrilled to double down on our efforts with another cohort of jobtech innovators improving access to decent employment across Africa,” said Michelle Hassan, Co-director at Jobtech Alliance. “By building an enabling ecosystem, we can improve livelihoods across the continent.”

Each of these eight platforms will receive investment capital, bespoke venture-building support, advisory services from leading experts, and opportunities to scale their innovative platforms through the Alliance’s growing cross-sector partnerships. This initiative is part of Jobtech Alliance’s broader effort to engage hundreds of jobtech platforms across Africa, along with stakeholders including investors and policymakers, in learning and community-building activities.

“Since starting venture support, we’ve learned a lot about the jobtech ecosystem and the sorts of platforms that can create meaningful jobs at scale in Africa. We’re excited by the diversity of this sector, which can be seen in this latest cohort of companies that range from solar installation platforms to influencer platforms and agent networks,” added Hassan.

The newly selected platforms for Jobtech Investment include Selar, an e-commerce tool from Nigeria enabling African creatives and entrepreneurs to sell digital content, products, and services across borders; Opareta from Uganda, a platform that digitizes mobile money agent businesses; Mwingi from Kenya, a tech-enabled trading network revolutionizing the supply of essential goods to remote areas; Instollar from Nigeria, a green energy marketplace connecting renewable energy companies with freelance green-collar workers; CatalyzU from South Africa, which vets, trains, and places non-technical talent at global startups; Goodayon from Ethiopia, a gig platform for domestic help and home repair services; Afriwork from Ethiopia, a job-matching platform leveraging Telegram for recruitment services; and Gwiji from Kenya, a mobile platform connecting underprivileged women with households in need of cleaning services.

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