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Andela, the global engineering talent outsourcing unicorn, has acquired Woven, a human-powered technical assessment company that simulates real engineering work, for an undisclosed amount. As companies go from experimenting with artificial intelligence (AI) to deploying it at scale, the company says demand is rising for distinct AI-native engineers who create AI components such as Large Language Model (LLM) and Retrieval-Augmented Generation (RAG) systems, connect models and tools into autonomous workflows, and ensure AI systems run reliably while managing governance and risk. With Woven’s technology, Andela, which boasts over 150,000 technology professionals in its global marketplace, aims to better assess and match engineers to each of these roles. “To power the AI ecosystem at scale, the world needs AI-native, enterprise-ready engineering talent en masse. Andela plus Woven equals the best technical assessment engine in the world to ensure AI fluency and real-world job success,” said Carrol Chang, CEO of Andela. The acquisition positions Andela to deploy its strong talent pool against the engineers best equipped to turn advanced AI models into dependable, real-world solutions, sharpening the company’s edge in the AI talent race As part of the deal, Woven’s founder and CEO, Wes Winham Winler, will join Andela to lead the development of next-generation assessments focused on AI-assisted software development and AI system creation. “Andela already had a world-class industry reputation, talent network, and upskilling DNA,” Winler said. “Together, we’re building the most accurate and scalable way to measure real-world engineering performance in the AI era.” Get The Best African Tech Newsletters In Your Inbox Select your country Nigeria Ghana Kenya South Africa Egypt Morocco Tunisia Algeria Libya Sudan Ethiopia Somalia Djibouti Eritrea Uganda Tanzania Rwanda Burundi Democratic Republic of the Congo Republic of the Congo Central African Republic Chad Cameroon Gabon Equatorial Guinea São Tomé and Príncipe Angola Zambia Zimbabwe Botswana Namibia Lesotho Eswatini Mozambique Madagascar Mauritius Seychelles Comoros Cape Verde Guinea-Bissau Senegal The Gambia Guinea Sierra Leone Liberia Côte d’Ivoire Burkina Faso Mali Niger Benin Togo Other Select your gender Male Female Others TC Daily TC Events TC Scoop Subscribe Andela will integrate Woven’s library of real-world scenarios and AI-enabled evaluation capabilities. This technology will be built on Qualified, another assessment platform that the unicorn acquired in 2023, creating what the company describes as a unified foundation for AI-powered engineering assessments. Founded in Nigeria in 2014, Andela started as a company focused on training and connecting software developers from Africa to global technology companies. Over the past decade, it has evolved into one of the world’s largest marketplaces for technical talent. The company says its acquisition of Woven accelerates its ambition to become an AI-native talent platform that reliably assesses an engineer’s ability to succeed in real jobs. “With Woven, Andela is leapfrogging the development of world-class assessments for both AI fluency and engineering fundamentals,” said Barun Singh, Chief Product and Technology Officer at Andela.
Read MoreFlutterwave, Africa’s largest payments infrastructure startup, has partnered with blockchain infrastructure provider Turnkey and artificial intelligence-powered global banking platform Nuvion to launch stablecoin balances for merchants and users across its platform. The new feature allows Flutterwave users to transact seamlessly in cryptocurrency stablecoins like USDC and USDT, as well as currencies like the United States Dollar ($) and the Naira (₦), directly within embedded wallets on Flutterwave’s products. According to the company, the move is part of a broader strategy to position stablecoins as a core pillar of Africa’s financial infrastructure. This is for businesses operating across borders that face friction and high costs under traditional settlement systems. “To accelerate business growth in Africa, we must make it safe, easy, and affordable for businesses to accept all forms of regulated payment methods, including stablecoin, from a global customer base,” Nkem Abuah, Lead for Remittances & Stablecoin Partnerships at Flutterwave, stated in a report. Flutterwave is doubling down on stablecoins as a payment infrastructure to reduce its reliance on traditional banking rails. In October 2025, Flutterwave partnered with Polygon Labs, a blockchain software firm, making Polygon its default network for cross-border stablecoin settlements. Its latest partnership comes weeks after Flutterwave acquired Mono, the Nigerian open banking startup, in 2025, and complements its existing product offerings. As Flutterwave embeds more of its payments stack in-house, it is gaining greater control over transaction and payment rails. Access to this new feature will initially be limited to a select group of merchants, with plans underway to expand availability across Flutterwave’s wider merchant base later in the year. Turnkey will provide the wallet infrastructure and security layer enabling Flutterwave to offer embedded stablecoin wallets. Nuvion will bridge fiat and stablecoin rails with its AI-powered platform, allowing merchants to move seamlessly between currencies. The integration enables Flutterwave to offer what it describes as verifiable, secure, and programmable wallet infrastructure. “We share Flutterwave’s belief that stablecoins offer an incredibly efficient way to accelerate payments and put more money directly into the hands of business owners rather than intermediaries,” said Bryce Ferguson, CEO and cofounder of Turnkey. Flutterwave now joins the ranks of payments companies, including Polymarket, Axiom, and Alchemy, that integrate Turnkey’s blockchain infrastructure. The integration comes shortly after Turnkey raised $30 million in a Series B funding round in June 2025 to support team expansion.
Read MoreNedbank Group, one of South Africa’s largest banks with over 8 million customers, has offered to buy a controlling stake in Kenya’s National Commercial Bank of Africa (NCBA) Group in a cash and stock transaction valued at $855.5 million, accelerating its push into East Africa. The offer values NCBA at about 1.4 times book value, according to NCBA. It targets 66% of NCBA, leaving the remainder of the lender publicly listed on the Nairobi Securities Exchange (NSE). The proposed deal signals a growing interest by South African banks in East Africa’s financial markets, where population growth, regional trade corridors, and expanding digital retail banking promise scale. For Nedbank, the acquisition could provide an established regional footprint. The structure seeks to keep NCBA on the Nairobi Securities Exchange while preserving its brand and management, and uses a share-heavy payment mix that limits cash outlay while tying the two banks’ fortunes together. Under the terms of the transaction, shareholders will receive 20% in cash and 80% in newly issued Nedbank ordinary shares listed on the Johannesburg Stock Exchange (JSE), a structure that limits Nedbank’s immediate cash outlay while binding the two banks’ fortunes together. The pricing is anchored on Nedbank’s share price at the time of the announcement on Wednesday, bringing the total deal value to 13.9 billion rand, or $855.5 million. If completed, NCBA would become a subsidiary of Nedbank. The remaining 34% of NCBA shares would continue to trade on the NSE, a feature designed to maintain local market discipline and minority investor visibility. NCBA has said its governance structure, operations, and leadership team would remain in place. Formed in 2019 through the merger of NIC Group and Commercial Bank of Africa, NCBA is one of East Africa’s larger financial services groups. It operates 122 branches across Kenya, Uganda, Tanzania and Rwanda, and offers digital banking services in Ghana and Côte d’Ivoire. The bank says it serves more than 60 million customers across these markets. Jason Quinn, Nedbank’s chief executive, said the combination would pair NCBA’s local presence with Nedbank’s capital base and cross-border banking capabilities.NCBA’s management has framed the deal as a partnership, according to its CEO John Gachora, who says Nedbank is seen as a strategic investor that can support expansion in existing markets and potential entry into countries such as Ethiopia and the Democratic Republic of Congo (DRC).
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