A startup company called Andela is located at a nondescript establishment in the Lagos’ Yaba neighborhood in Nigeria. It is now (at the time of writing) hiring aspiring software developers for a four-year program wherein the firm will teach them the required skills they need in order to work for the likes of IBM, Microsoft, and other companies found in the tech sector. The startup company had won over a huge vote of confidence during the previous month, as it had just received a $24-million infusion capital from the chief executive officer and co-founder of the ever popular social media networking portal that is Facebook.
Andela Receives Infusion Capital From the Chan Zuckerberg Initiative
Andela received the infusion capital from the Chan Zuckerberg initiative. It is a company that is being run by Mark Zuckerberg, the co-founder of Facebook, and along with his wife, Priscilla Chan. They made the initiate just last year after the birth of their first child. The company’s goal is to advance “human potential and promoting equality.” This startup firm in Nigeria is the initiative’s first investment.
Mark Zuckerberg stated the following in a statement: “We live in a world where talent is evenly distributed, but opportunity is not. Andela’s mission is to close that gap.” $24-million is not an unheard-of amount of money, especially in the business world. In fact, the Africa Internet Group, which runs Jumia, which is the continent’s leading e-commerce website, has brought in almost $300-million worth of investments for this year alone. Furthermore, there’s iROKOtv, which is a movie streaming website, that took in $19-million from its shareholders in order to expand their services all across the continent.
Editor of technology website TechCabal Bankole Oluwafemi stated that what makes the startup company Andela unique is that it emphasizes on giving its employees the required skills to expand the tech industry of Africa when they will eventually strike out all on their own. “They’re kind of unique in that they’re one of the first, if not the first, to attack that problem at scale, the problem of education,” the editor explained.
Seni Sulyman, director of operations at Andela, stated the emphasis on building talent is one of the reasons why the Chan Zuckerberg initiative was able to back the company up with the right financial support. “Each of them has a pinpoint that is real that they felt at some point in their lives that they want to go address once they’re done with all this experience,” Sulyman stated of the firm’s “fellows.” “And I think that is the kind of passion and the kind of force that will change this continent.”
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