In November 2021, Fuzu launched its AI-powered hiring platform in Nigeria.
This is on the again of its profitable entry into the Kenyan and Ugandan markets, the place the 6-year-old firm has already onboarded over 1.3 million customers and 1000+ firms with 5000+ job functions every day.
According to a 2021 report by Bloomberg, Nigeria has a inhabitants of over 200 million and ranks third because the nation with the best unemployment fee in the world.
This signifies that the labor market in Nigeria is extremely underserved. There is a big want for superior, sustainable methods to shut the unemployment hole and open up extra alternatives to the general public.
Fuzu offers an answer to this drawback in three succinct methods: entry to the hidden job market, probably the most superior AI-powered expertise in the market, and the fastest-growing expertise pool in Africa.
Fuzu’s Offering for Employers in Nigeria
50% of our inhabitants was unemployed or underemployed on the finish of 2020, nonetheless, a number of reviews have proven that unemployment in Africa isn’t solely pushed by an absence of jobs.
For occasion, the United Nations Industrial Development Organisation (UNIDO) has mentioned that 80.9% of Nigerian employers cite worker expertise gaps because the main issue of poor efficiency and losses in their companies.
This is likely one of the many challenges that Fuzu Nigeria is tackling by offering accessible and related expertise coaching to professionals.
Smoothing the transition from schooling to employment helps everybody from staff and employers to policymakers, and underserved segments of the labor market resembling vocational professionals, MSMEs, and startups.
For occasion, the common job opening in Nigeria attracts between 500 and 1000 job candidates, making it arduous for many human useful resource groups to filter via.
But with Fuzu’s next-generation instruments, recruiters at the moment are in a position to kind and rank candidates in a short while. Fuzu has additionally secured partnerships with consultants from prime universities like Wharton, the University of Helsinki, and multinationals resembling McKinsey, Bain, and Microsoft to increase the recruitment course of utilizing superior psychometrics and skill-based exams.
Fuzu’s Offering for Job Seekers in Nigeria
Unlike different gamers in the market, Fuzu offers professionals with lifelong profession steering, sources, instruments, and alternatives to succeed and develop at any stage of their profession journey.
People who register on the platform acquire entry to personalised job suggestions, tons of of on-line programs, profession ideas and recommendation, and a group of like-minded professionals.
Currently, the continent has about 420 million youth aged 15-35, of whom one-third are unemployed and discouraged, one other third are vulnerably employed, and just one in six are in the wage employment bracket.
To fight this and design efficient instruments and options for the labor market, Fuzu is deploying a knowledge and AI-driven strategy to serve job seekers at a private stage.
With Fuzu’s enlargement and steady advocacy for transparency and job creation, they’re giving hope to the ever-increasing unemployed youth in Africa.
Key Features of the Fuzu Platform in Nigeria
Fuzu modernizes the job utility and recruitment course of via the next options:
Job matching: Their superior matching engine automates the job suggestion course of and guides customers via the end-to-end utility course of. It is already one of many largest repositories of lively, scam-free jobs in all of Nigeria.
CV creation: Fuzu Nigeria provides its customers free entry to a professionally designed CV. Poorly developed CVs trigger recruiters to drop candidates in the course of the hiring course of. This device helps customers create AI-friendly CVs that may assist get them to the door.
Feedback: Advanced AI instruments are deployed to examine candidates and present particular person, personalised suggestions to each single applicant.
E-learning: Users have entry to a library with tons of of programs to repeatedly uplift their mushy expertise, with automated suggestions primarily based on previous experiences and future profession targets.
Forums: Users even have entry to profession articles offering important recommendation in areas resembling interview preparation, wage negotiation, and management, amongst others.
Automated candidate rating and shortlisting: Using superior AI, candidates are in contrast and ranked primarily based on their ability set, check scores, and even their tradition match to the enterprise! This cuts candidate shortlisting time by up to 80%.
Hiring course of administration and collaboration: Fuzu Nigeria will assist handle and evaluate functions 80% sooner and extra precisely than any world resolution.
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