In a significant move within the African tech landscape, Jobberman, Nigeria’s premier online recruitment platform, has been fully acquired by One Africa Media (OAM), a leading conglomerate of online marketplaces across Africa. This strategic acquisition sees Jobberman’s founders, Ayodeji Adewunmi, Opeyemi Awoyemi, and Olalekan Olude, transition into key roles within the OAM group, leveraging their expertise to further expand the reach and impact of OAM’s diverse portfolio of businesses.
This development follows a recent investment of $10 million by SEEK, the global leader in online employment marketplaces, which increased SEEK’s stake in OAM to 30%. This investment values OAM at a substantial $167 million, solidifying its position as a major player in the African digital economy.
OAM’s impressive portfolio includes a range of leading online platforms across various sectors, such as Jobberman itself, Cheki (auto classifieds), Private Property (real estate), Brighter Monday (recruitment in South Africa), and travel platforms like BuyRentKenya, SafariNow, and StayNow. These businesses operate across key African markets, capitalizing on the rapid growth of internet and mobile penetration across the continent.
With this acquisition, Jobberman aims to accelerate its mission of becoming the leading job destination in Africa. The infusion of capital from OAM and the broader strategic alignment within the group will enable Jobberman to enhance its services, expand its reach across the continent, and contribute to the growth of other OAM-owned businesses.
This strategic partnership marks a significant milestone for both Jobberman and OAM, underscoring the growing importance of the African tech ecosystem and its potential to drive innovation and economic growth across the continent.