Sagarmatha Technologies to invest $100 million into African programmers

December 11, 2017 • East Africa, Education, North Africa, Southern Africa, Top Stories, West Africa

 Sagarmatha Technologies to invest $100 million into African programmers

Sagarmatha Technologies to invest $100 million into African programmers (image: official GDC)

Sagarmatha Technologies has revealed that it will invest $100 million to help grow the programming skills base for Africa’s rapidly expanding digital economy by partnering with certified African and global learning institutions. The investment will aim to see five thousand young African computer programmers trained between 2018-2022.

South Africa’s “rarest skills” were in the digital and technology sectors, with demands for web developers and coders far outstripping supply. According to The Future of Jobs, a report by the World Economic Forum (WEF), it’s expected that, by 2020, more than a third of the desired core skill sets of most occupations will be comprised of skills that are not yet considered crucial to jobs today. So the need to have a skilled programmer base has never been higher and will only continue to rise.

“Silicon Africa is a virtual model of the renowned Silicon Valley in the US and seeks to develop a pan-African ecosystem inclusive of governments & decision makers, universities and technical colleges, venture capitalists, NGO’s, incubators & accelerators, technology companies and most importantly, digital entrepreneurs,” said Paul Lamontagne, Chairman of Sagarmatha Technologies.

With the change in technology across all sectors, African countries urgently need young people with coding skills in order to thrive in this digital, knowledge-based global economy.

By leveraging technology, the approach favours programmes that provide flexibility to learners fortunate to be working, but seeking new skills to accelerate or change their career path in software development, as well as the unemployed and those in the most remote areas of Africa.

“We believe this ground-breaking initiative will lead to 5,000 learners receiving short learning programme certificates in software development, such as Java, C++, and C# programming, as well as database and web design, so they are coder-ready” said Lamontagne.

Applications for the first year will be limited to qualified South African learners-only, before rolling out the programme progressively into Africa.

Sagarmatha will be opening regional offices across the continent over the next 12-18 months. Each will be designed as collaborative workspaces where Sagarmatha group companies can pursue their growth plans, strengthen their respective platforms and tap-into local & regional tech communities. In addition, programme graduates and partners will have access to Sagarmatha’s infrastructure and resources to achieve their own ambitions.

For learners wishing to be part of Sagarmatha’s digital upskilling programme, the minimum requirement for admission will be a matric, high school or equivalent certificate from an accredited institution in an African country, which is acceptable to one of the partner institutions. It is also necessary to have a certain amount of familiarity with a personal computer. Graduates of the programme will have the option of continuing for a second year of study in another area of software development or to benefit from a one-year membership in a collaborative workspace, incubator, accelerator or other similar accredited partner venue that is established in their region at that time. This will include a mentorship programme for some learners showing entrepreneurial aptitude to successfully launch a new business venture by leveraging their acquired IT skills.

Sagarmatha’s Talent360 platform will be extended to facilitate access to higher paying, skilled jobs for graduates of the programme as developers, testers, analysts and others. “Talent 360 accompanies the job seeker on the journey, all the way from completing high school, identifying the appropriate higher education, registering for a graduate programme, ensuring employment,” said Samantha Naidu, Executive at Talent360.

“Research shows that by 2020 there will be nearly one and a half million open jobs in the tech sector. Tech skills are 20 of the top 25 most sought after skills by employers on career portals and our platform will support and equip young Africans who will fulfil these industry requirements in the next decade,” she said.

“Sagarmatha believes African economies can be re-engineered by creating digital jobs”, concluded Lamontagne.

Edited by Dean Workman
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