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This investment will fuel the company’s growth and accelerate the development of its AI-powered recruitment solutions.
Founded in 2021, Kwiks streamlines the hiring process by connecting companies with top freelance headhunters.
The platform’s innovative approach has gained traction in the Moroccan market, and this new funding will enable Kwiks to expand its reach and enhance its services.
“We are thrilled to have Azur Innovation Management as a strategic partner,” said Amine Khayatei Houssaini, CEO of Kwiks.
“Their investment will allow us to further develop our AI-driven solutions and provide even greater value to our clients.”
The funding will enhance Kwiks’ recruitment platform, including developing advanced AI features that automate candidate screening and matching.
This will help companies hire more efficiently and effectively, saving time and resources.
“Our goal is to revolutionize the recruitment industry by leveraging technology to connect companies with the best talent,” said Karim Kaoukabi, co-founder of Kwiks.
“This funding will help us achieve that goal and position Kwiks as a leader in the HRtech space.”
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Sanari Capital, a private equity firm focused on African growth companies, announced an R80 million (approximately $4.4 million) follow-on investment in EduLife Group, a network of independent schools in South Africa.
The International Finance Corporation (IFC) has unveiled a significant financing deal to advance Egypt’s transition to sustainable energy, with a $72 million loan package for the nation’s inaugural utility-scale battery energy storage system (BESS).
Pretoria-based electric vehicle (EV) startup Everlectric has secured venture debt funding from FNB South Africa’s Vumela Fund, managed by Edge Growth.