Talstack secures $850K in pre-seed funding to upskill Africa’s workforce
For several years, most CEOs, managers, and HR administrators in small to large-scale African businesses have struggled with upskilling workers. According to the International Finance Corporation, sub-Saharan Africa alone will have over 200 million jobs that demand digital skills.
Knowing fully the vital role played by these digital skills, an all-in-one platform that gives companies the tools, material, courses, and insights from renowned professionals and entrepreneurs, Talstack has now emerged to upskill Africa’s workforce.
The firm secured $850,000 in pre-seed funding from Ventures Platform, TLcom, Voltron Capital, Golden Palm Investments, and a syndicate constituting experienced operators and angel investors to actualize this vision.
Seni Sulyman and Kayode Oyewole co-founded Talstack with the core conviction that, over the next ten years, Africa's greatest potential will come from enabling African firms to compete worldwide by investing heavily in talent growth and development.
As it builds a strong course catalogue covering the most in-demand cross-functional and domain skills and competencies, Talstack is presently running a paid closed pilot with a group of high-growth firms.
For the time being, though, the firm will experiment first and then wait to see if Africa, which has the world's youngest population, needs what it is peddling. In the second half of 2023, Talstack hopes to expand access to a larger group of employers.
