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Andela raises $40m in Series C round

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Seni Sulyman of Andela with Pule Taukobong and and Pardon Makumbe of CRE with Andela team members

Seni Sulyman of Andela with Pule Taukobong and and Pardon Makumbe of CRE with Andela team membersAndela, the company that builds high-performing engineering teams with Africa’s most talented software developers, today announced that the company has secured $40M in Series C funding.

Seni Sulyman of Andela with Pule Taukobong and and Pardon Makumbe of CRE with Andela team members

Andela, the company that builds high-performing engineering teams with Africa’s most talented software developers, today announced that the company has secured $40M in Series C funding.


The investment was led by pan-African venture firm CRE Venture Capital with participation from DBL Partners, Amplo, Salesforce Ventures, and Africa-focused TLcom Capital. Existing investors including Chan Zuckerberg Initiative, GV, and Spark Capital also participated. The round, which marks one of the largest investments ever led by an African venture firm into an Africa-based company, brings Andela’s total venture funding to just over $80M.

Andela was launched in 2014 to combat the global technical talent shortage by investing in Africa’s most talented software developers. With an estimated 1.3M software jobs unfilled in 2016 in the U.S. alone, it’s clear that the growth of today’s major technology ecosystems is inhibited by a severe lack of talent. To solve this, Andela invests in high potential pools of brainpower across the African continent to help more than 100 partner companies build distributed engineering teams. These partners range from industry leaders like Viacom and Mastercard Labs to high-growth technology companies such as Gusto and GitHub.

With offices in Lagos, Nigeria, Nairobi, Kenya, and Kampala, Uganda, Andela has hired 500 developers to date — the top 0.7% of more than 70,000 applicants from across the continent. Selected developers spend six months in a rigorous onboarding program before being matched with one of Andela’s partner companies as full-time engineering team members. Beyond recruiting elite development talent, Andela is catalyzing the growth of tech ecosystems across the continent by open-sourcing its content and partnering with organizations including Google, Pluralsight and Udacity to provide resources and mentorship to developers.

“Andela is investing in our continent’s future technology leaders, who are already playing a much-needed role in solving both African and global problems,” says Seni Sulyman, Country Director of Andela Nigeria. “With each new partnership, we are simultaneously proving to the global tech industry that brilliance is evenly distributed irrespective of gender, culture or nationality. As we unleash an entire generation of technologists, we will secure Africa’s role as an equal partner working alongside the rest of the world to advance human potential.”

Pule Taukobong, Founding Partner of CRE Venture Capital, adds: “At present, there is more capital to fund ideas globally than there are people to build them. Andela is providing a solution to this global talent dilemma while building a business case for one of Africa’s greatest assets: our people.”

Andela will use the capital to fuel its aggressive expansion plans: The company aims to launch offices in two additional African countries over the next year, doubling its developer base from 500 to 1,000. Alongside this round, Pule Taukobong of CRE, Julia Gillard, former Australian Prime Minister and Amplo Board Partner, and Omobola Johnson, Senior Partner at TLcom and former Minister of Communication Technology in Nigeria, will be joining Andela’s board.

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Facebook is experimenting with prompts that ask users whether they are concerned that a friend is ‘becoming an extremist.’

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In the United States, some Facebook (FB) users are receiving a prompt asking if they are concerned that someone they know is becoming radical. Others are being alerted about the possibility of being exposed to extremist information.
It’s all part of a test that Facebook is conducting as part of its Redirect Initiative, which tries to tackle violent extremism.

This experiment is part of a wider project to see how we can provide tools and help to people on Facebook who have interacted with or been exposed to extremist content, or who know someone who is.

“Are you concerned that someone you know is becoming an extremist?” one of the notifications reads, a screen grab of which went viral on social media Thursday.

According to a screenshot shared on social media, the alert stated, “We care about avoiding extremism on Facebook.” “Others in your situation have gotten discreet help,” she says.
The user is then directed to a support page by the alert.

Another alert reads, “Violent groups try to use your anger and disillusionment.” “You have the ability to protect yourself and others right now.”
The user is also redirected to a help page as a result of the notice.

Facebook is sending users to a range of resources, including Life After Hate, an advocacy group that helps people quit violent far-right movements.

Over the last few years, Facebook has been blasted by detractors for failing to take sufficient steps to combat extremist content on its platform. For example, in 2020, the firm was chastised for failing to take down a militia group’s Facebook page, which encouraged armed residents to go to the streets of Kenosha, Wisconsin.

The company has also committed to do a better job of preventing the spread of false information and conspiracy theories. In May, Facebook’s independent oversight board encouraged the corporation to look into the role of its platform in the January 6 uprising.

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YouTube Is Redesigning Its Descriptions for the Web, With a Greater Focus on Comments

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YouTube is reportedly putting a new description section on the Web to the test. The revamp aims to make the comments, video view count, publish date, and video description more prominent. The video description, which presently appears beneath the YouTube channel name, will now appear directly beneath the video title. Other improvements are being tested as well, with the goal of putting a greater emphasis on user comments. When these modifications will be available to all Web users is unknown.

The view counts and published date are much bolder than previously, appearing just below the video title. The video description appears right after the publication date and requires more concise content than before. If the video description is too long, the new design makes it appear tight, and if it spills over to the second line, a “Show More” option emerges. With this makeover, the ability to create connections may be more challenging. Depending on the size of the window, buttons for like, unlike, share, and save show next to the video description. In a barely drawn area below the view count is the channel name. The number of comments and the top comment are both noted in different boxes next to it.

The option to add a new comment will be located just below the channel name, followed by other less popular comments located beneath the video. This redesigned description for YouTube Web users is still in beta and is only visible to a select users at a time. There is no guarantee that it will be commercially available, and Google may decide to scrap it during the development phase. The design is also a little confusing and cluttered, and Google may make some changes before deciding to give it out to everyone.

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Binance Faces Criminal Complaint From Thailand’s Securities and Exchange Commission for Operating Without Licence

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The Securities and Exchange Commission (SEC) of Thailand has filed a criminal complaint against cryptocurrency exchange Binance for operating a digital asset business without a license, the latest in a series of crackdowns on the platform around the world.

The SEC said on Friday that “it was discovered that Binance has provided platform services for trading or exchanging digital assets via its website…” Only licensed organizations are authorized to provide services linked to digital asset trading in Thailand, according to the country’s regulator.

A request for comment from Binance was not immediately returned. Last Monday, the UK’s financial watchdog restricted Binance from engaging in regulated activities in the country.

The company has previously stated that it takes its regulatory commitments seriously and is dedicated to following them everywhere it operates.

© Thomson Reuters 2021

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