Ed-tech startup Sayna of Madagascar raises funding from I&P, Miarakap to expand its offering

MADAGASCAR – Sayna, a Malagasy ed-tech startup has secured a round of funding to help it expand access to its training programme and launch new platforms. Launched in 2018, Sayna aims to provide quality training in the digital sector in Africa and offer professional opportunities to young people by bridging the gap between the growing demand of companies on digital issues and the supply of digital talent. It has now raised a round of funding from I&P Acceleration Technologies, a programme dedicated to African digital start-ups led by Investisseurs & Partenaires (I&P),…

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Startup Ed Partners Africa raises US$1.9m funding round to support private schools in Kenya

KENYA – Startup Ed Partners Africa, a non-banking financial institution serving affordable private schools, has raised US$1.9 million in funding as it bids to improve the quality of education received by learners from low-income communities. Founded in 2018 by Lydia Koros and David FitzHerbert to improve access to affordable, quality education in Africa, Ed Partners provides loans to affordable private schools by bringing access to formal credit to their doorstep.  So far, the company has cumulatively disbursed US$1.5 million to 142 schools reaching out to 41,000 students and now plans to scale…

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South African edtech HyperionDev raises US$3.54m for expansion into new markets

SOUTH AFRICA – Education technology specialist HyperionDev has secured more than US$3.54 million in funding, some through private investments and some through public crowdfunding. The fundraising round, which took place in March 2021, will help the company, which runs coding bootcamps, to expand into new markets, including the UK and the US. The edtech will also provide US$247,836 in scholarships for students in need. “This combined funding strategy attracted over 1,500 investors from more than 20 countries, culminating in one of the largest-ever edtech series-A fundraises in Africa,” the company…

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Transport startup eMushrif acquires Cairo-based EdTech startup Tareeqi

EGYPT – Tareeqi, a startup with an application used to track the bus fleets of schools, universities and institutions in the MENA region, has been acquired by eMushrif, an Oman-based startup specialising in digital transport tracking systems. Founded by Alfarouk Saleh and Mohamed Monier in 2018, Tareeqi aims to solve the problems that face millions of people daily and will now be managing the expansion of eMushrif in the Egyptian market. Saleh said he was excited about the deal since eMushrif tries to solve the same problems as Tareeqi. “Both…

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Ethiopia’s edtech startup Gebeya launches its revamped marketplace

ETHIOPIA – Gebeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms of reach in Africa.  Prior to investment, Gebeya operated mostly a manual non-scalable marketplace model.  The firm raised a US$2M seed investment in February 2020, co-led by Partech and Orange Ventures and followed by Consonance Investment Managers, to set up the machine for scale, fully automated and digitized.  Gebeya.com connects Start-ups and Small and Medium Enterprises to professional talents from across the continent and the platform offers a…

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Edtech platform iSchool raises US$160,000 in investment from EdVentures

EGYPT – iSchool, an edtech platform providing the latest educational technology for young students, has raised US$160,000 in investment from EdVentures, the venture capital (VC) arm of Egypt’s Nahdet Misr Publishing Group. According to a statement, the startup plans to use the investment to develop an online platform to widen its edtech services in Egypt and expand to other MENA countries. “In our ever-changing world, it is quite crucial to equip our youth with different skills and knowledge enabling them to become innovators,” said Dalia Ibrahim, CEO, and Founder of…

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Edtech start-up Kidato raises US$1.4m seed for online learning

KENYA – Kidato, an online class for K-12 students in Africa, has announced that it has closed its US$1.4 million seed investment. This seed round has been backed by Y Combinator, a significant backer of most of the continent’s well-known start-ups Investors who were in this funding round include such firms as Launch Africa Ventures Fund, Graph Ventures, Learn Start Capital, and Century Oak Capital, among other angel investors. The idea behind Kidato is the brainchild of Kenyan entrepreneur Sam Gichuru, who set it up in 2020. The Y Combinator-backed start-up says…

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Edtech startup Kezakoo secures US$221,000 to complete and enrich its range of products

MOROCCO – Kezakoo, a Casablanca-based edtech startup specialized in tutoring, has completed its first round of financing of 2 million dirhams (US$221,000) to complete and enrich the range of products which it currently offers for the benefit of all high school students in Morocco. The investment was from investment company Witamax One, which was jointly created by the Morocco-based investment firms Southbridge A&I and AXXAM Family Office. The funding will also assist the startup to support its organizational development efforts. Launched in 2019 by the engineering duo Youssef Ghalem and…

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Edtech startup Gradely launches virtual app for real-time data and feedback

NIGERIA – Gradely, an edtech startup, has launched its virtual application that will provide real-time data and feedback, in an effort aimed at bridging the gap created by the Covid-19 pandemic in the education sector. The launch is in line with necessary government education schemes in entrenching and deepening the usage of technology in Nigerian schools. Speaking at the programme, held in Lagos, the State Commissioner of Education, Mrs. Folashade Adefisayo, noted that Covid-19 hastened what they were doing and thinking about as technology created the new normal. She said…

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E-commerce group Naspers invests US$2.9m in online learning platform, The Student Hub

SOUTH AFRICA – Naspers, the South African e-commerce group, has announced an investment of US$2.9 million in online learning platform, The Student Hub. The Student Hub platform helps TVET colleges to overcome physical infrastructure constraints and improves students’ access to vocational education and training. The investment coincides with the South Africa Investment Conference 2020 where Naspers is a lead partner. Naspers said it was on track with an original US$293 million investment commitment in growing South Africa’s tech sector. Phuthi Mahanyele-Dabengwa, South Africa chief executive of Naspers said, “The work…

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