Orange Digital Ventures Africa announced its latest investment as it leads pre-series A round financing of Gebeya.
Headquartered in Ethiopia, Gebeya is a new age EdTech company solving the Global Tech Talent shortage by producing top talented African Software Engineers and matching them with clients across Africa and the globe to develop innovative technology solutions, improve development efficiency as well as scalability.
With this investment, alongside Partech Africa and Consonance Capital, Orange is confirming its commitment to leveraging its key assets to support tech entrepreneurship in Africa through its dedicated investment initiative, Orange Digital Ventures Africa, created in 2017.
Orange will expose Gebeya to commercial partnerships with its African subsidiaries (its West African subsidiary, Sonatel is already a client of Gebeya’s) and to other companies, as well as supporting its expansion across French-speaking Africa. Since its inception three years ago, 600 tech talents have graduated from Gebeya, with 45 per cent placed for employment thanks to Gebeya’s platform. From e-commerce and telecommunications to finance, Gebeya has built a reputable client base working with global companies driven towards creating sustainable change.
Marieme Diop, Orange Digital Ventres Africa
With more than 60 per cent of VC-backed tech startups in Africa created in the last five years, our ecosystem is growing very fast and investments are booming, yet the talent gap remains wider.
Amadou Daffe, founder and CEO, Gebeya
This investment will supp ort the implementation of several vital changes a decisive time for the start-up. It will allow the start-up to gear up for future growth and implement its vision to Empower Africa through Technology.
