#42: Andela - How the engineering hiring platform is connecting companies with software developers in Africa & emerging markets

Afrobility: Africa Tech and Business

Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Olumide Ogunsanwo and Bankole Makanju, Olumide Ogunsanwo, and Bankole Makanju या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

2+ y ago 2:09:35

MP3•एपिसोड होम

Overview: Today, we’re going to talk about Andela - the software developer recruitment platform. We’ll explore the Andela story across 6 areas:

Labor markets in Africa context
Andela's founding and early history
Fundraising & Growth
Product & monetization strategy
Competitive positioning & potential exit options
Overall outlook.

This episode was co-hosted with Iyinoluwa "E" Aboyeji & recorded on Nov 7, 2021

Companies discussed: Andela, Fora, 2U, Bookneto, Spark Capital, CRE Ventures, Chan Zuckerberg Initiative (CZI), SoftBank (Vision Fund), Gebeya, Semicolon, Decagon, CRE Ventures, Spark Labs & Generation Investment Management

Business concepts discussed: Emerging market talent recruitment, economic development, remote work, labor productivity, outsourcing, youth unemployment & economic development

Conversation highlights:

(01:00) - Andela context & Background
(01:30) - Context on Africa’s labor markets
(21:20) - Bookneto, Fora & 2U
(53:50) - Andela cofounders & early founding story
(1:00:00) - Fundraising and investors
(1:11:00) - Traction - Revenue, users, employees, margins
(1:14:23) - Product and monetization strategy
(1:25:22) - Competition and options for exit
(1:48:46) - Olumide’s overall thoughts and outlook
(1:55:17) - Bankole’s overall thoughts and outlook
(2:01:00) - E’s overall thoughts and outlook
(2:09:01) - Recommendations and small wins

Olumide’s recommendations & small wins:

Recommendation: Syncback Pro (works better than OneDrive & Google Drive clients for backing up stuff) & Money Talks Bloomberg article about how Zillow stopped selling houses: By Afrobility legend Matt Levine
Small win: Got a new larger air fryer. It's awesome

Bankole’s recommendations & small wins:

Recommendation: Tete Muo Bu Muo by Tony Tete Harbor & The Infinite Machine by Camila Russo
Small win: Great birthday dinner :)

E’s recommendations & small wins:

Recommendation: Prosperity paradox (by Efosa Ojomo) & Founders at work (Jessica Levingston)
Small win: 3 companies I’m working with got into YC Winter 2022 batch

Listeners: We’d love to hear from you. Email info@afrobility.com with feedback!

Founders & Operators: We'd love to hear about what you're working on, email us at info@afrobility.com

Investors: It would be great to link up with you to drive the ecosystem forward. Contact us at info@afrobility.com

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