When Ryan Paterson and his co-founder Thomas Schmider launched their investment fund Getihu back in 2018, it picked what was at the time a trail less trodden when it came to the type of startups it would back. Getihu would operate in the B2B SaaS space, and the firm’s first investment was in Hi5, a South African venture operating in the unheralded human resources (HR) space. It remains one of relatively few active investors in the sector, with Paterson citing huge opportunities but also many roadblocks. “HR is still very underdeveloped in Africa. It is still predominantly focused on staff administration responsibilities like leave, payroll and disciplinary actions. These responsibilities must be catered for, but progressive employment environments have transitioned to the future of work where HR becomes people focused around talent selection, talent management, with clear company vision and values which contributes positively to the overall company culture,” he said. Getihu is investing in this opportunity via its stake in Hi5. The startup helps managers get rich insights about
SOURCE: DISRUPT AFRICA
More Stories
South Africa Still a Long Way Off in Building a National Culture of Human Rights
After Lawsuits and Demonstrations Led by Chagossian Women, Britain Paid Some Compensation through the Mauritian Government to the Exiled Chagos Population
Sister to Egypt’s Most Prominent Political Prisoner Takes the Fight to the UN and EU
MSI Reproductive Choices in Africa Helps Women and Girls Make Informed Decisions about their Bodies and Futures
Kenya’s ‘Linda Mama’ Policy is a Step in the Right Direction Towards Universal Health Coverage
The Women and Caregivers behind Uganda’s Model for Palliative Care
Tunisian President’s Speech was Essentially the “Great Replacement” Theory, but with a Local Twist
The UN’s Largest Annual Gathering on Gender Equality and Women’s Empowerment Tackles the Gender Digital Divide
Challenges And Opportunities – Global Survey Results On Women’s Tech Careers
WHO Director’s Insights on Health in Africa and the IIAG Results
Best Style Moments of Tems
To the World