Transaction

Madica invests USD 200k in Talenteo's operations in Francophone Africa

Announced

15 September 2026

Target

Talenteo

Value

$200,000

Asset class

Venture Capital

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

Madica Ventures

Investors

Madica Ventures

Sector

Manufacturing and industrials / Human Resource & Employment Services

Markets

Côte d'Ivoire, Algeria

About the target

Talenteo is an Algeria-based HRTech company that provides a comprehensive SaaS platform for human resources and payroll management, specifically tailored to African SMEs and mid-sized companies. Founded in 2022 by Tarik Metnani and Louai Djaffer, the company offers AI-powered solutions that centralise, automate and optimise HR and payroll processes. The platform is currently trusted by over 150 companies and serves more than 10,000 active users. In June 2025, Talenteo secured a six-figure investment from Tunisia-based venture capital firm 216 Capital to support expansion into Tunisia and across Francophone Africa.