Although undisclosed, TechCrunch reports that the funding is over $10 million. This round of funding also includes Omidyar Network, LearnCapital and other leading investors from North America and Africa.
The fund will be expended on facilitating Andela’s growth target across Africa while also enabling it meet up with the demand for Andela’s software developers in the United States and Europe.
“There is an incredible demand for world-class technology talent in global markets, and an equally strong desire for new career opportunities across Africa. This investment will help us meet both challenges,” says Jeremy Johnson, Andela’s co-founder.
Andela has recently disclosed its plans to expand its operation beyond Nigeria by going Pan-African, with South Africa, Kenya and Ghana being the first port of call.
The talent accelerator has commenced training of its first cohort in Kenya.