Tunisia based VC firm backs Algerian HR tech start-up

Tunisia-based venture capital firm 216 Capital has made a ‘six figure’ investment in Talenteo, an Algerian HR Tech startup, according to reports by Wamda. Talenteo is a human resources and payroll management system that caters to the unique needs of African SMEs and mid-sized companies (ETIs). In a press release, Louai Djaffer, CEO of Talenteo, said “We believe company success stems from investing in people, and that Talenteo was built to help African businesses digitalize their HR processes in support of growth and impact.”