Co-Creation Hub (CcHUB), the largest innovation center in Africa, will begin a three-year, USD 15 million accelerator programme called The Edtech Fellowship Program to develop and fund 72 entrepreneurs in Kenya and Nigeria.
According to a statement released by the company, the accelerator program will help boost the effect of edtech businesses across Africa. It will also support entrepreneurs presenting tech solutions to solve learning innovation in a field of education with several problems.
According to this data, the sub-Saharan area has the highest number of children and youth who are not in school, with 98 million not receiving an education. The quality of education at all levels, from K–12 to university, is appalling, even for those enrolled in classes. For instance, most Nigerian college computer science students are instructed in antiquated programming languages that have no practical use today. Inadequate financing, school walkouts, and brain drain are further issues.
Although these platforms have had some success, they haven’t significantly impacted the billion-dollar edtech business in Africa. For that to occur, more edtech solutions must be developed and supported. But, this data indicates that edtech is Africa’s seventh most funded industry, so its entrepreneurs have their work cut out for them. The co-founder and CEO of CcHUB, Bosun Tijani, has two hypotheses about why edtech isn’t taking off in Africa and why its entrepreneurs are having trouble raising money. One is that, contrary to what a casual tech observer might believe, the edtech industry is heavily regulated. The other is that startups and governmental or academic organizations seldom communicate with one another.
Two of the largest edtech markets on the continent, Nigeria and Kenya, are the focus of the fellowship program. Most of the more than 300 businesses in both industries are rote learning-focused teaching applications and platforms. Nonetheless, Tijani emphasized that the accelerator program will strive to provide funding for unconventional ideas. The chief executive claims that, more than ever, unconventional ideas are needed to address Africa’s $2 billion education sector. And CcHUB, which has managed several edtech projects (one of which I volunteered for) and supported both successful and unsuccessful edtech startups in the past via other incubator and accelerator programs, is optimistic about finding such solutions addressing issues across K–12, tertiary, and skills-to-jobs markets.
We try our best to fact-check and bring the best, well-researched, and non-plagiarized content to you. Please let us know
-if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback, and thank you for stopping by!
Next Article
, the largest innovation center in Africa, will begin a three-year, USD 15 million accelerator programme called The Edtech Fellowship Program to develop and fund 72 entrepreneurs in Kenya and Nigeria.){kind=link}