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Mobilizing Capital in the Low-Cost Private School Sector: Key Insights Two Years into an Innovative Partnership
One in five children in sub-Saharan Africa are out of school, and without scalable solutions, the region — like other emerging markets — won’t meet SDG 4’s goal of education for all. Mauricio Rincon and Mathieu Fourn at Opportunity International, and Alvaro Ma at Oikocredit argue that affordable non-state schools can help address this need — but only if they're supported by financial institutions and impact investment. They share learnings from a partnership between Opportunity and Oikocredit that is directing millions of dollars in capital to these schools, along with capacity building and other support.
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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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An African Approach to Online Education: An Innovative Platform Aims to Prepare the Continent’s Youth for the Jobs of the Future
By 2050, one in every four individuals in the world will be African. In response to this demographic shift, it's essential to ensure that young Africans possess the necessary skills to compete in the global job market. But according to Adewale Yusuf at AltSchool Africa, conventional educational approaches have failed to meet these students' unique needs. He explains how AltSchool Africa developed an online platform based on African approaches to learning, and how the platform provides young students with the job skills they need to succeed in an increasingly global economy.
- Categories
- Education, Technology
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Nigerian Edtech Startup Klas Secures $1 Million to Empower Aspiring Educators Globally
Nigerian edtech startup Klas has raised $1 million in pre-seed funding to fuel its mission of making online education accessible and empowering content creators worldwide.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Africa’s Ed-Tech Sector Has Unlimited Potential, but Lack of Funding Holds It Back
Sub-Saharan Africa has the highest rates of education exclusion of the six developing world regions, according to the World Bank.
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- edtech, scale, venture capital, youth
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AltSchool Africa Launches in Kenya to Continue East-African Push
The startup which has 60,000 in over 100 countries provides courses aimed at fast-tracking entry into global tech roles.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s AltSchool Africa to Receive Support from Rwanda’s $30 Million Tech Fund
AltSchool Africa is a Nigerian edtech startup offering online-only learning.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- edtech, innovation, startups
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Analysis: Digital Personalized Learning: A Cost-Effective Solution for Math Remediation for College Students in Ecuador
Digital Personalized Learning (DPL) emerges as a promising and cost-effective alternative for math remediation.
- Categories
- Education, Technology
- Region
- Latin America