Zuckerberg’s philanthropy project makes first investment

San Francisco : F acebook Inc founder Mark Zuckerberg's philanthropy venture has made its first major investment, leading a funding round in a startup that trains and recruits software developers in Africa. The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Pr

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Published 17 June 2016, 8:00 · Updated 21:28

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Zuckerberg’s philanthropy project makes first investment

San Francisco : Facebook Inc founder Mark Zuckerberg’s philanthropy venture has made its first major investment, leading a funding round in a startup that trains and recruits software developers in Africa.

The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a $24 million Series B funding in Andela, the startup said yesterday.

Alphabet Inc’s GV, previously known as Google Ventures, was also part of the funding round.

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