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Africa tech firm gets $100m investment

Posted by Charles Clerck (Admin) Jan 24, 2019

Andela, a firm which uses African computer programmers to work remotely for US corporations, has secured $100m (£77m) in investment.

Andela operates in Kenya, Uganda, and Rwanda, and has about 1,100 developers on staff working for more than 200 companies, nearly 90 percent of which are located in the U.S. Former U.S. Vice President Al Gore’s sustainability-focused investment firm, Generation Investment Management, is leading a $100 million funding round in the outsourcer, bringing Andela’s venture capital haul to date to $180 million. The technology company says it intends to use part of the funding to improve its software to spot talented programmers and monitor the performance of their workers.

Andela was founded in 2014 by Brice Steven Nkengsa, Christina Sass, Ian Carnevale, Iyinoluwa Aboyeji, Jeremy Johnson and Nadayar Enegesi. 

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Comments (1)

Osu says... Jan 25, 2019
Great news for Africa the technology community.
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