ICT

Kenyan IT Firm Listed Among Recipients of Zuckerberg-Backed $38m Fund

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Zuckerberg-backed start-up, Andela, has raised Sh4.1 billion to boost IT talent in three African countries including Kenya through South Africa-based CRE Ventures.

The amount brings the Africa-based start-up’s funding to over Sh8.1 billion with previous support from Chan Zuckerberg Initiative, co-founded by Facebook chief executive Mark Zuckerberg’s wife Priscilla Chan.

Andela is a network of technology leaders dedicated to building high-performing engineering teams and companies by investing in Africa’s most talented software developers.

The start-up’s Nairobi office Andela Kenya said it has supported 300 local engineers since it started work in the last two years. “In the two years since we launched Andela Kenya we’ve already become home to 300 brilliant engineers who are redefining the meaning of leadership on the continent and building a reputation for technological excellence,” said Country Director, Joshua Mwaniki.

Other financers namely DBL Partners, Amplo, Salesforce Ventures, Africa-focused TLcom Capital and existing investors; GV, and Spark Capital have participated in the investment

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