SFAN has raised $250,000 pre-seed funding to bring fresh perspectives to talent development on the continent through their Readyforwork.africa career accelerator.
Industry analysis has shown that, on average, it takes university graduates in Africa six years to find their first jobs. But on the demand side, even when jobs are available, employers still struggle to find early career professionals that have the skills they need for such employment.
According to the World Bank, when you aggregate these challenges in monetary terms, it translates to a $130 billion market opportunity.
And SFAN is set to bring the needed fresh perspectives to the scene through their digital career accelerator that equips entry-level job seekers with requisite job readiness skills and helps employers find the brightest talents across the continent.
The alternative education company, SFAN, has always pushed boundaries in its operations over the past seven years. The team aims to use this additional capital from Ghana-based funder King Solomon’s Group to set a firm foundation in scaling up their operations.