One Africa Media, the largest online classifieds group in Africa has received the attention of Australia’s largest recruitment portal, Seek.
With headquarters based in Melbourne, SeekÂ has announced the investment of US$20 million into One Africa Media as part of its growing international presence that already includes China, Brazil, Mexico, Indonesia and Malaysia.
Launched in 2012 whenÂ Kenya-based Carey Eaton of Cheki Africa Media and South Africa-based Justin Clarke of Private Property HoldingsÂ merged their classified businesses, One Africa MediaÂ owns or operates a number of leading online portals including recruitment sites Jobberman (Nigeria) and Brighter Monday (Kenya), auto classifieds site Cheki (Kenya, Nigeria), Private Property (Nigeria, South Africa) and Safari Now (South Africa).
Jason Lenga, Managing Director of Seek International said of the investment that,Â â€œThis investment is in early stage, market leading businesses that position One Africa Media toÂ benefit from both the economic and structural growth in the region.â€
One Africa Media plans to use the investment to furtherÂ grow its portfolio and continue to re-invest to capture the large market opportunities across Africa in countries with rapidly growing internet and mobile penetration rates.
Source: GX Digital