Tech

CcHub selects 12 Nigerian startups for 2nd Mastercard Foundation EdTech cohort

Published

7 months ago

May 7, 2024

Co-creation Hub (CcHub) has selected 12 Nigerian innovative ed-tech startups to join the second cohort of its Mastercard Foundation EdTech Fellowship which provides industry support and funding to empower startups driving change in Africa’s education landscape.

According to the Managing Partner at CcHub, Nissi Madu, the 12 selected startups will “gain access to a wealth of technical and advisory resources, mentorship, including courses on the science of learning, and access to a global network to help scale their impact.”

“The selected ventures include language learning solution Topset; testing and learning platform Exam Scholars; Data Entry Academy (DEA), a virtual academy and community that empowers job seekers with fundamental skills; and Genti Media, which focuses on African education and storytelling,” Madu said in a statement.

“Also selected are school discovery and matching platform Edusko; on-demand professional development course provider Harde Business; animation skills provider Magic Lab Academy; and interactive learning platform Proud African Roots.

“The cohort is completed by AI-enabled learning platform for the visually-impaired Vinsighte; social-emotional learning platform IM FLOW; career development platform WIFICOMBAT; and online learning service Skill Up With Kahdsole.

“After a rigorous application and selection process, we are enthusiastic about the potential of the selected startups to enhance the face of ed-tech in the region.

“After the success of cohort one, we are excited about the second cohort’s potential to add to better education outcomes for students in Nigeria,” Madu stated.

Madu added that the fellowship had provided initial support to 12 Nigerian startups in 2023, as well as 12 Kenyan companies, and is now back for its second year.

In February 2023, CcHub had announced a new partnership with the Mastercard Foundation under the Mastercard Foundation EdTech Fellowship Programme to launch a US$15 million ed-tech accelerator initiative in Kenya and Nigeria.

Related Topics:CcHub Featured Fellowship Startups TECHNOLOGY

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Tech

Tanzania to host 6th Ocean Innovation Africa summit in February

Published

23 hours ago

November 20, 2024

Isaac Dachen

Dar es Salaam, Tanzania, has been selected to host the sixth edition of the Ocean Innovation Africa (OIA) summit from February 24-28, 2025, as a flagship event within Regenerative Ocean Week.

The Ocean Innovation Africa is set to be Africa’s most significant platform for Ocean Innovation conservation, and sustainable development in the blue economy. OIA2025 will be co-organised with leading partners, including IUCN, GIZ, OceanHub Africa, Catalyze and the Ocean-Climate Platform.

With the theme, “Science-to-Solution”, the Regenerative Ocean Week will present a line-up of sessions designed to bridge the gap between scientific research, business innovation, policy, and community engagement.

According to the organizers of the event, it will bring together African ocean innovators, investors, researchers, policymakers, and community leaders to explore practical solutions that can be applied across the continent.

“These include the OIA Pitch Competition, which is a platform for Africa-based startups and entrepreneurs to showcase breakthrough ideas in ocean-impact solutions, allowing them to connect with investors and industry leaders and emphasizing Africa’s role in driving sustainable ocean initiatives,” the organizers said in a statement.

Tech

Orange Egypt earmarks $52.7m to support African startups

Published

2 days ago

November 19, 2024

Isaac Dachen

Orange Egypt has earmarked the sum of $52.7 million to support African startups in what is going to be the largest investment to drive a youth-focused tech revolution.

According to the company, the mammoth investment will see over 40 startups benefitting from the funds, with most of them being Egyptian companies.

‘It’s a boost for Egypt’s growing entrepreneurial ecosystem and a step closer to cementing its spot as a top startup hub in Africa,” the company said in a statement.

The investment is coming on the heels of the telco signing a deal with the Egyptian government to roll out the second phase of its 5G licensing.

The statement noted that with Egypt’s startup game already strong and ranking as the third most funded country in the MENA region, “the numbers speak for themselves.”

“In 2022, Egyptian startups closed 143 funding deals worth nearly $766.7 million, outpacing the $606.79 million raised the year before.

“Plus over 2,100 startups employing more than 50,000 people, the country’s ecosystem is one of the top 10 emerging startup hubs globally.

“The Egyptian government is all in on this. And since launching initiatives like Egypt Ventures in 2017, they’ve been backing startups to drive innovation and growth in the tech space.

“Orange Egypt’s latest move only adds fuel to this already blazing fire, paving the way for more opportunities and a stronger startup culture across Africa,” it added.