BasharSoft Expands Regional Reach with iCareer Acquisition in Egypt’s JobTech Scene

Editorial Team

Last updated 22-10-2025

4 min

BasharSoft acquired iCareer and Recruitera, a major move in Egypt's JobTech scene.

The merger aims to expand BasharSoft's reach across the Middle East and Africa.

BasharSoft has connected 9 million job seekers and aims for 100 million by 2030.

iCareer brings workforce development expertise, partnering with global companies and universities.

Recruitera will enhance Wuzzuf and Forasna, streamlining the hiring process and analytics.

There’s been a big shake-up in Egypt’s JobTech scene. BasharSoft—the parent company of Wuzzuf and Forasna, two names practically synonymous with online recruitment here—has officially snapped up iCareer, one of the country’s largest employment and career services providers. Not just that, the deal includes Recruitera, Egypt’s first homegrown applicant tracking system. If you ask me, that’s a pretty smart move in a job market that’s changing faster than a cab fare during rush hour.

The acquisition is more than a simple merger; it’s BasharSoft’s ticket to play on a bigger regional stage. The company quietly set up shop in Saudi Arabia earlier this year as part of a wider push across the GCC and beyond. With iCareer’s feet-on-the-ground experience and BasharSoft’s tech muscle, they’re now eyeing millions more job seekers and employers across the Middle East and Africa. I reckon it’s a classic case of one plus one equalling three.

BasharSoft’s record is nothing to sniff at. Founded back in 2009, it’s already connected over nine million job seekers to around a hundred thousand employers, with roughly 1.4 million successful hires along the way. Its portfolio covers everything from online job boards to recruitment software and employability training—basically the full works for a modern labour market.

iCareer, on the other hand, brings serious pedigree in workforce development. Since its founding in 2012, it’s partnered with leading universities like Ain Shams, the AUC, and the Arab Academy, alongside heavyweights such as Vodafone, PepsiCo, and Procter & Gamble—not to mention global agencies like the UN and GIZ. They’ve been quietly powering national-scale programmes to help young Egyptians land decent jobs. Honestly, it’s the kind of work that doesn’t always make headlines but makes all the difference.

Ameer Sherif, BasharSoft’s co-founder and executive chairman, called the merger a “powerful synergy,” highlighting the ambition to become a go-to private partner for governments on employment policy. He spoke about tackling unemployment at scale with smarter job matching, better data, and upskilling based on real market demand. If that sounds lofty, well… I mean, it kinda is—but the potential’s there.

From iCareer’s side, CEO Akram Marwan said joining forces with BasharSoft means their reach just exploded tenfold. He pointed out how shifts in AI and remote work have turned the job market upside down, so being able to guide both youth and employers through that transition is now more vital than ever.

One particularly interesting bit is Recruitera, the in-house applicant tracking software that BasharSoft’s acquiring as part of the deal. It’ll be integrated into Wuzzuf and Forasna, giving employers a smoother hiring process and better analytics. For universities, the partnership means students can gain not only employability training but also direct access to the job market—spot on alignment, really.

BasharSoft’s now aiming to reach 100 million people by 2030, partly through more acquisitions in Egypt and the region. Internally, they’re set to grow their team by another hundred and target $25 million in revenue. And with AI baked into their platforms to simplify job posting and profile creation, the hiring process could soon be far less of a faff for everyone involved.

At Arageek, we’ve long been watching how Egyptian startups mature into regional powerhouses. This particular move feels like a natural progression—one that might just see BasharSoft standing shoulder to shoulder with the biggest HCM (Human Capital Management) players in the MEA region. It’s an exciting reminder of what’s possible when local innovation meets bold ambition, even if the journey’s definately still unfolding.

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