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
godwin-emefiele

Godwin Emefiele, the Central Bank of Nigeria’s governor, is convinced that cryptocurrency threatens Nigeria’s financial system and must remain under quarantine indefinitely. At a Senate hearing held on Tuesday, Emefiele described cryptocurrency as “money that is created out of thin air” and used by “players in an electronic dark world where transactions are extremely opaque.” […]

Ghana has become the first African country to receive the Oxford-AstraZeneca COVID-19 vaccine. The country received 600,000 doses from COVAX (COVID-19 Vaccines Global Access). In response to the news, which was shared on the WHO’s Twitter account, Tedros Ghebreyesus, the body’s director-general, described the development as only the beginning. This is a major milestone in […]


TechCabal is a Big Cabal Media brand



Copyright © 2013 - 2021
All rights reserved

Privacy & Terms
X