African Leadership International and Holberton in Silicon Valley to Drive Adoption of Software Engineering Skills
African Leadership International (ALI) has reached an agreement to acquire Holberton Inc., a Silicon Valley-based project-based university alternative that trains the next generation of software engineers.
African Leadership International is on a mission to transform Africa by nurturing three million business leaders by 2035. With this acquisition, the company will take ownership of the cutting-edge technology program that will enable it to provide global organizations with a access to a large untapped workforce capable of filling the growing global shortage of tech talent.
ALI will also change the lives of millions of Africans by equipping them with the software engineering skills essential for the future digital workplace.
The acquisition is expected to be finalized in the third quarter. As part of the transaction, the Holberton School network will be separated into an independent organization.
According to the World Economic Forum, the pandemic has accelerated the pace of digital disruption across nearly every industry, and 97 million new roles will emerge that are more suited to the new division of labor between humans, machines and algorithms. With their aging populations, China, India and the West – traditional sources of tech talent – are experiencing shortages to meet this new demand.
Africa is experiencing rapid population growth. It has the youngest workforce in the world, with an average age of 19, compared to 48 in Germany or Japan. The continent is expected to have a workforce of 1.1 billion by 2035 – more than China or India. As a result, global tech companies increasingly see the continent as the next frontier for tech talent. Over the past three years, Twitter, Google, Microsoft, IBM, Alibaba, among others, have all announced plans to open tech hubs in Africa.
These trends prompted ALI to partner with Holberton’s advanced technology program two years ago to rapidly expand software engineering education on the African continent. Over the past year, over 95,000 students have enrolled in African Leadership International’s ALX Skills Acceleration Program, which has grown over 2,000 times over the past 15 months.
Through The ROOM, the placement division of African Leadership International, this world-class talent will then be matched and connected to global companies looking to build their technology teams, much in the same way that technology companies go today. today in Eastern Europe and India to find talent. .
With this acquisition, ALI hopes to position itself as one of the main sources of technological talent on the African continent, and one of the most important in the world. Holberton’s technology has proven to play a crucial role in the ALI ecosystem. Students trained using Holberton’s technology have been hired by companies including Apple, Google, Tesla, LinkedIn, Dropbox, Pinterest, Rappi and Nvidia.
With the combination of the ALX program, Holberton’s technology and The ROOM career placement, ALI seeks to deliver a world-class service that will cement Africa’s place as the last technology frontier, while providing a sustainable solution. to the global shortage of tech talent.
Fred Swaniker, Founder and CEO of African Leadership International, said:Through our combined efforts to date, we have been able to deliver high quality learning experiences to young Africans at scale. This is unlike anything I have experienced in my 20 years of human capital development on the continent. With our current trajectory, I am confident that over the next decade we will develop millions of African digital leaders capable of solving many of Africa’s greatest challenges. Our ambition is to become the largest single source of technology talent in the world. »
“This acquisition will help address the global tech skills shortage by combining our respective strengths with African talent leading the way. This collaborative, project-based environment allows each student to prepare after graduation. Our software engineers will enable organizations around the world to quickly scale their technology talent needssaid Julien Barbier, co-founder of Holberton.