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African Outsourcing Startup Andela Announces $100 Million Funding Round Led By Al Gore's Firm

Andela, the engineering outsourcing company that trains African developers to work remotely for American corporations, has received $100 million in a funding round led by former U.S Vice President Al Gore’s Generation Investment Management. Andela builds engineering teams of software developers throughout Africa. So far, the company has 1,000 workers in Uganda, Rwanda, Kenya, and Nigeria, and they work with more than 200 companies. “As the war for talent continues, there’s one macro trend that is both enabling Andela’s growth and powering many of the companies that have found a competitive edge: distributed work,” Andela CEO and Co-Founder Jeremy Johnson said in a blog post announcing the funding round. Bloomberg’s Joshua Brustein points out that one thing that makes Andela so attractive to firms like Generation is that there’s an argument that remote work can reduce greenhouse gas emissions, and sustainability is a major mission of Gore’s firm. Other Andela investors include the...

Arriana McLymore

Jan 25, 2019