Inspiring Leadership & Sustainable Business Transformation in Africa
EGYPT – Sanabil Investments, a wholly owned company by Public Investment Fund, has led a US$40 million Series A investment round in Classera, a global EdTech e-learning company focused on emerging markets. “Classera has developed and successfully deployed a platform that reaches millions of users and has grown to become one of the leading emerging market e-learning solution providers globally,”…
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KENYA – Holged, a leading private education provider in Tunisia and Morocco, has announced plans to expand to Kenya and other African countries. This is after securing funds from Africa50, a Pan-African infrastructure investment platform. The firm offers a K-12 education system, an American tutoring system that includes kindergarten and 12 years of basic education such as six years of…
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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…
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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…
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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…
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SOUTH AFRICA – Eskom, electricity public utility, and the South African Renewable Energy Technology Centre (SARETEC) signed a Memorandum of Agreement (MOA) to formalise the collaboration to develop renewable energy artisan skills in South Africa. The MOA will also support the implementation of the Eskom Just Energy Transition (JET) Strategy. Eskom has developed a comprehensive JET Strategy which places equal…
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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…
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GHANA – QNET, an e-commerce based direct selling company, has established its first-ever training centre in the Sub-Saharan Africa region in collaboration with Botsumtwi Limited. Located in East Legon, Accra, this new training centre will see the company bringing world-class training workshops and educational programmes for its community of distributors to participate in to enhance their management skills, increase business…
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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…
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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…
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