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Funding and Acquisitions

SA’s WeThinkCode_ secures US$4.4 million Investment

  • May 12, 2017
  • 1 min read
SA’s WeThinkCode_  secures US$4.4 million Investment

WeThinkCode a South African based NGO focused on teaching code has secured US$4.4 million (R60 million) to train even more software developers. WeThinkCode has dedicated its life and resources to educate the common man the benefits of writing professional code and its ethics to cater and bridge the gap of unemployment.

“BCX will provide R60 million over three years for WeThinkCode to invest in the next generation of talent in the ICT sector,” said BCX.

The investment funds will be used for office expansions and an opening of a new campus in Capetown this year.

“As part of this agreement, BCX and other Telkom Group companies will host 40 interns from WeThinkCode’s innovative educational programme every year for the next three years,” said BCX.

WeThinkCode is open to anyone between the age of 17 and 35, and potential students don’t need any previous education.

“I’m incredibly inspired by the mission of WeThinkCode,” said Sipho Maseko, Telkom Group CEO.

“Coding skills are a vital component of the new digital economy, and WeThinkCode’s innovative programme is a great way to invest in the future digital minds of South Africa.”

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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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