The , the limited liability company created by Facebook CEO , to "advance human potential and promote equality," has announced an investment in a Nigerian startup that recruits and trains software developers in Africa.
In a post on its blog, , a Lagos-based startup that trains software developers who then work remotely for Fortune 500 companies and startups around the world, announced it had closed a $11 millon Series B funding round with a lead investment from Zuckerberg and Chan — CZI's first major investment and the first time it has led a funding round. Andela, which currently employs nearly two hundred engineers in its Nigeria and Kenya offices, will use the funds to expand to a third country by the end of 2016. According to Jeremy Johnson, the company's co-founder and CEO, Andela developers are building products for Google, Facebook, IBM, and dozens of fast-growing venture-backed startups.
(formerly Google Ventures), Twitter investor , , and also participated in the funding round. , who signed the in 2010 and established CZI last December following the birth of their daughter, have pledged to give 99 percent of their Facebook shares — valued at more than $45 billion — to the company.
"The gap between talent and opportunity is among the greatest in Africa," Zuckerberg wrote in a CZI Facebook post. "Six out of every ten Africans are under the age of 35 — and in some places, more than half of them are out of work....Andela is working to unlock that potential by finding and training top tech talent in Africa."