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Talstack Raises $850K in Initial Funding to Enhance Workforce Skills in Africa

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Most CEOs, managers, and human resource administrators in small to large African firms have struggled with employee upskilling for many years. According to the International Finance Corporation, nearly 200 million jobs requiring digital skills will be available in Sub-Saharan Africa alone.

Knowing these digital skills’ importance, Talstack has developed an all-in-one platform that gives companies the tools, materials, courses, and advice from well-known pros and entrepreneurs. This is to help Africa’s workforce become more skilled.

To make this idea come true, Ventures Platform, TLcom, Voltron Capital, Golden Palm Investments, and a group of experienced operators and angel investors gave the company $850,000 in pre-seed funding.

Seni Sulyman and Kayode Oyewole co-founded Talstack with the fundamental belief that Africa’s greatest potential will be realized over the next ten years by enabling African enterprises to compete globally by investing extensively in talent growth and development.

Talstack is currently running a paid closed pilot with high-growth firms. This is part of its work to build a strong course catalog that covers the most in-demand cross-functional and domain skills and abilities.

But for now, the company will try things out and wait to see if Africa, which has the smallest population in the world, needs what it is selling. In the second half of 2023, Talstack wants to give more companies access to its platform.

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Written by Grace Ashiru

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