Canon Central and North Africa launches virtual film school for filmmakers

NORTH AFRICA – Canon Central and North Africa announced the launch of its revolutionary virtual film school called Canon Academy Video, aimed at providing filmmakers with a dynamic, interactive, and engaging educational platform. Canon is a provider of digital cameras, digital SLR cameras, inkjet printers & professional printers for business and home users With this first of its kind, newly…

Read More

Carnegie Mellon University and Mastercard partner to drive youth-led digital transformation in Africa

RWANDA – Carnegie Mellon University–Africa in Kigali, Rwanda, the only American campus on the entire continent, together with the Rwandan government and the MasterCard Foundation have announced a “transformational” US$275.7 million investment in the institution, and higher education development across Africa. According to a statement from the university, US$175 million of the foundation’s investment will go to expanding engineering and…

Read More

EdTech platform Emonovo secures bridge round to strengthen new brand strategy

MENA – Emonovo (previously MARJ3), an education technology platform in the MENA region, has secured an undisclosed bridge round from key angel investors in the US, Europe, and MENA, as well as a follow-up investment from Flat6Labs. Emonovo uses data and technology to connect young people in the region with the greatest majors and universities throughout the world. The participating…

Read More

#DEALSTREETNEWS; Anchor secures pre-seed investment, OBM raises funding, Homefarm secures seed capital, Zeew raises seed round

Fintech platform Anchor secures US$1m pre-seed investment Nigerian fintech firm offering banking as a service Anchor, has secured US$1 million in pre-seed investment. Byld Ventures, Y Combinator, Luno Expeditions, Niche Capital, Mountain Peak Capital, and angel investors like SeamlessHR CEO Emmanuel Okeleji support the BaaS fintech. The Y Combinator-backed business intends to utilise this funding to hire top people, upgrade…

Read More

170 cybersecurity trainees graduate from USIU Cyber Shujaa program

KENYA – The first cohort of 170 trainees has graduated from the Cyber Shujaa program run by the United States International University-Africa (USIU-Africa) in partnership with Kenya Bankers Association and Serianu Limited. The program is funded by the Challenge Fund for Youth Employment (CFYE) and it seeks to address existing gaps within the ICT and Cybersecurity sector in Africa. This…

Read More

Financial service group HFC partners Britam to launch education insurance plan

KENYA – Housing Finance Group (HFC), through its bancassurance intermediary, has partnered with Britam Holdings Plc, an investment holding company, to launch a convenient and flexible education policy dubbed Elimu. The product is set to enable parents to provide an uninterrupted quality education for their children with high returns, flexible terms, and guaranteed payouts. The education plan will be exclusively…

Read More

Edtech startup Kukua raises US$6m in Series A round to establish its content

KENYA – Kukua, a Nairobi-based educational entertainment startup, which is the creator of the cartoon superhero brand Super Sema, has raised US$6 million in a Series A round. The round was sponsored by Tencent Investments and Italy-based VC Alchimia. Other investors in the round include EchoVC, FirstMinute Capital, and Auxxo Female Catalyst. Kukua says the financing will help it continue…

Read More

Edtech Moringa School secures pre-Seed investment from Proparco

KENYA – Moringa School, an intensive tech education program, has received an investment from Proparco to support its expansion outside Kenya. Moringa has been training high school/university graduates to be software engineers and data scientists for the past 7 years in Kenya and has trained over 4,000 students with an employment rate of over 85%. The investment from Proparco will…

Read More

Edtech startup Kibo School raises US$2m seed fund to launch degree program

NIGERIA – Kibo School, an online school that is set to offer several STEM degree programs targeted at students in Africa, has secured US$2 million seed funding led by Neo, a VC firm by the co-founder of Code.org. Future Africa, Pledges, Brooklyn Bridge Ventures, Transcend Network and several angel investors also participated in the round. The new funding brings the…

Read More

Private education group Advtech raises stake in Makini Schools to 94%

KENYA – South African private education group Advtech has raised its stake in Makini Schools to 94 percent from 90 percent previously and introduced the Cambridge International Curriculum to complement the local syllabus. The firm has progressively raised its direct and indirect stake in the school, which currently operates seven facilities in Nairobi and Kisumu. Advtech, which disclosed the higher…

Read More