andela News of 11/17/19
Join Jeremy Johnson From Andela At Disrupt Berlin
Over the past few years, Andela has built a simple yet powerful answer to the talent shortage in Silicon Valley and other overheating tech ecosystems. The company helps you hire some of the most talented software developers in a handful of African ...
Africa Roundup: CcHub’S IHub Acquisition, Andela’S $50m Run-Rate And Layoffs, Transsion’S IPO
Two of Africa’s powerhouse tech incubators joined forces in September. Nigerian innovation center and seed-fund CcHub acquired Nairobi based iHub. The purchase amount was undisclosed, but CcHub will finance the deal out of its real-estate ...
Africa Focused Andela Cuts 400 Staff As It Confirms $50m In Revenue
Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told TechCrunch. The layoffs come as the startup released first time income figures indicating it will surpass ...
Africa Roundup: Goldman Backs kobo360, Rwanda Commits To EVs, Interswitch IPO Update
Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers ...
Fitbit, Andela, AfricaTech, Startups And Brexit, Plus Content Moderation
Programming note: Happy Labor Day! To our U.S.-based readers, happy Labor Day weekend. Extra Crunch will be off on Monday and will resume publishing next Tuesday. Reminder: EC ticket discounts for Enterprise Sessions and Disrupt SF Next week, ...
What Is Andela, The Africa Tech Talent Accelerator?
As someone who covers Africa’s tech scene, I’m frequently asked about Andela . That’s not surprising, given the venture gets more global press (arguably) than any startup in Africa. I’ve found many Silicon Valley ...
Generation Closes $1b Growth Fund Targeting Sustainable Startups
Generation Investment Management , the firm co-founded by environmentalist and former Vice President Al Gore, was built on the premise of backing sustainable startups. Now, as the idea of sustainability starts to gain wider traction, the firm is ...
Africa Roundup: Zimbabwe’S Net Blackout, Partech’S $143m Fund, Andela’S $100m Raise, Flutterwave’S Pivot
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa . More posts by this contributor Partech is doubling the size of its African venture fund to $143 ...
Connecting African Software Developers With Top Tech Companies Nets Andela $100 Million
Andela , the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, has raised $100 million in a new round of funding. The new financing from Generation Investment Management ...