Mark Zuckerburg's CZI invests $24m in African code training business

By La Afrique Media

Facebook’s Mark Zuckerburg is investing $24 million into a start-up which helps African employees to learn code.

Andela, a two-year-old start-up, trains software developers in Africa and gives them full-time roles at international companies.

The company has 200 code engineers already on its books and can only accept 0.7 percent of applications – so far it has had more than 40,000 people attempt to join.

The Chan Zuckerberg Initiative, formed by the Facebook founder and his wife Dr Priscilla Chan, set out an initial remit to focus on “personalized learning, curing disease, connecting people and building strong communities”.

Zuckerberg also pledged to give away 99 percent of his Facebook shares to fund charitable causes having announced the arrival of his new daughter Maxima at the end of last year. 

African Business Review’s June issue is now live.

Stay connected: follow @AfricaBizReview and @WedaeliABR on Twitter.

African Business Review is also on Facebook. 

 

Share

Featured Articles

Top 10 metaverse projects in the UAE, including world firsts

As Accenture predicts the metaverse will fuel a US$1 trilion commerce opportunity by 2025, we round up 10 pioneering metaverse projects in the UAE

PwC’s survey shows Middle East CEOs remain upbeat on growth

CEOs in the Middle East are far more optimistic about regional growth than those in North America and Europe, according to PwC’s annual survey

Opinion: “Why we must tackle the digital skills crisis"

Upskilling for the digital world isn’t complicated but it is urgent, argues Tom Moore, CEO of WithYouWithMe – a social impact tech firm founded by veterans

5 Mins With: Kathryn Kaminsky Vice Chair Trust Solutions PwC

Leadership & Strategy

Survey: The Future of Cloud Security in the Middle East

Technology

Deloitte US Chief Purpose Officer on driving impact at scale

Leadership & Strategy