Snapplify raises US$2m growth funding from Knife Capital and Hlayisani Capital

Snapplify raises US$2m growth funding from Knife Capital and Hlayisani Capital

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SOUTH AFRICA – South African ed-tech startup Snapplify has raised US$2 million funding to accelerate its international expansion initiatives and advance its data analytics capabilities to enhance classroom teaching effectiveness. Already Africa’s largest e-book aggregator and distributor, the company is now looking…

SDG Investment Fund invests in African education platform to increase its portfolio

SDG Investment Fund invests in African education platform to increase its portfolio

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AFRICA – SDG Investment Fund, A Danish fund managed by IFU, in cooperation with Finnfund from Finland and Proparco from France, have invested US$22.23m in Africa Education Holding (AEH), which offers affordable high-quality programmes in labour market relevant studies of medicine, business,…

Finnish development financier to invest US$7m in Maarifa Education Group

Finnish development financier to invest US$7m in Maarifa Education Group

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AFRICA – Finnish development financier, Finnfund, is investing US$7m in Maarifa Education Group, a private tertiary education company operating in Sub-Saharan Africa. “This is Finnfund’s first direct investment in the education sector. Increasing access to tertiary education offers the students market relevant…

Nokia partners Ethiopian universities to train students on latest technology

Nokia partners Ethiopian universities to train students on latest technology

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ETHIOPIA – Nokia, Finnish multinational telecommunications, information technology and consumer electronics company, has signed a Memorandum of Understanding (MoU) with two leading universities in Ethiopia to promote digital skills and innovation. According to CNBC, Nokia will collaborate and provide high-level technical skills…