money tinz
Talent accelerator, Andela has announced that it has closed a Series A funding round led by Spark Capital, a US based venture capital firm.

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.

Read this next
More From TC

Paystack, a fintech company that powers growth and payments for businesses in Africa, today announced its official launch in South Africa after a six-month pilot. The launch marks Paystack’s expansion into its third market, following Nigeria (where it claims it powers over 50% of all online payments), and Ghana. This announcement is coming seven months […]

gozem_cab

Is there a ride-hailing service in Gabon? Yes, Gozem just launched there this week. Founded in 2018 by Emeka Ajene and Raphael Dana, Gozem operates an app that offers transportation, logistics, e-commerce and financial services in primarily-francophone African countries.  Gozem is aiming to be the super app for Africa and is modelled after the success […]


TechCabal is a Big Cabal Media brand



Copyright © 2013 - 2021
All rights reserved

Privacy & Terms
X