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April 29, 2024
Feature Funding and Acquisitions

Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

  • February 2, 2022
  • 3 min read
Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

The demand for software engineers is expected to grow by 22% between 2020 and 2030, according to a report by the U.S. Bureau of Labor Statistics. This figure is larger than the 4% average for other careers.

One would be out of touch with reality to say they haven’t noticed this phenomenon in Lagos, Africa’s startup capital city, where mid to senior-level engineers are leaving in droves to seek better pay and opportunities in companies outside Africa.

Andela has been pivotal to placing the continent’s tech talent globally. But since the unicorn changed its business model to a pure marketplace focusing on senior developers, other platforms such as AltSchool Africa are trying to fill one of the gaps it left: training people to become junior to mid-level engineers.

The company (not to be confused with U.S. AltSchool, which is now Altitude Learning) has raised $1 million in pre-seed funding to scale its efforts, said chief executive Adewale Yusuf to TechCrunch. He founded AltSchool with Akintunde Sultan and Opeyemi Awoyemi last October.

In 2020, Yusuf toyed with the idea of building a physical campus where he and his team would train software engineers to get international opportunities. Yusuf met with educational stakeholders at a public university in Ife, a neighbouring town near Lagos, to pull this off, but the deal never materialized.

After that, the team focused on scaling sister-company and Techstars-backed TalentQL, launching products such as Pipeline, which trained mid-level engineers, turning them into senior engineers and placing them in international companies. However, upon further research, Yusuf figured out what needed to be done to make his past idea work: a remote-centric approach.

Nigeria has a population of almost 200 million, with 60% under the age of 25. The country’s unemployment rate is at a staggering 34% and continues to leave many university graduates in its trail. Like many Nigerians, Yusuf believes the traditional schooling system is insufficient to get university graduates decent jobs.

AltSchool provides a solution as an online school with a curriculum to improve/upskill non-technical people with technical and soft skills while partnering with higher institutions to provide diploma certificates. The company’s model is akin to BloomTech’s (formerly Lambda School).

“You might need a BSc if you want to be a doctor or nurse and some of these other skills. But when it comes to being a software engineer or digital skills, you really don’t,” said the CEO.

“We need to find a shortcut for people, whereby they will be able to make money and provide for their family and add value to the economy. That’s one of the reasons we launched AltSchool because if a lot of people can have marketable skills, then I think we can solve a massive problem in the market.”

Participants in its program would need to have a high school certificate and be computer literate, the company specified on its website.

When students apply to the program, they are provided with a home study kit in preparation for an assessment test. Those admitted into the school, meeting a pass mark of 85%, will take a software engineering course with three tracks: frontend engineering, backend engineering and cloud engineering. It’s a one-year program where students take classes for nine months (three semesters) followed by a three-month internship at local tech companies to gain experience.

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Incuabte Africa

Incubate Africa, founded on June 5, 2016, is a Tech company based and Founded in Africa with the main focus of showcasing African-developed technology to the rest of the world. We strongly believe in what Africa has to offer the world. #Revolutionizing the startup culture

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