GJO & Partners

Edtech funding in Africa: investors, tickets and countries

Who finances Edtech in Africa, where, at which stage and with which tickets: every figure below is computed from the funding deals recorded on the platform.

9

deals recorded

2

over 12 months

2.1 M$

median disclosed ticket

14

identified investors

Key findings

  • 9 funding deals recorded (Edtech) since 2019, involving 9 companies and 14 identified investors. 2 of them over the last 12 months (2 the previous year).
  • Median disclosed ticket: 2.1 M$; half of the deals fall between 1.2 M$ and 4.4 M$ (6 amounts disclosed out of 9, 22.2 M$ in total).
  • Where the money goes: Nigeria (78 %), South Africa (22 %).
  • Most frequent stage: Pre-Seed (33 %); most used instrument: Equity (56 %).
  • Most active investors: Business Finland (1), Chui Ventures (1), Enza Capital (1).
  • 44 % of deals are syndicated (at least two investors around the table).

Countries

  • Nigeria7
  • South Africa2

Industries

  • E-learning and online courses8
  • Tutoring and school support1

Stages

  • Pre-Seed3
  • Seed2
  • Debt1

Instruments

  • Equity5
  • Senior debt1
  • Grant1

Deals per year

YearDealsDisclosed amounts
202457.1 M$
2025111 M$
202624.1 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
CodarE-learning and online courses · Nigeria · DebtJul 20261.5 M$KWE4 AFRICA Venture Studiosource
TuteriaTutoring and school support · Nigeria · SeedJan 20262.6 M$Enza Capitalsource
The InvigilatorE-learning and online courses · South AfricaSept 202511 M$Kaltrocosource
LingawaE-learning and online courses · Nigeria · Pre-SeedNov 20241.1 M$Voltron Capitalsource
DexudeE-learning and online courses · NigeriaOct 2024undisclosedBusiness Finlandsource
TespireE-learning and online courses · Nigeria · Pre-SeedSept 2024undisclosedundisclosedsource
HyperionDevE-learning and online courses · South AfricaApr 20245 M$undisclosedsource
KlasE-learning and online courses · Nigeria · Pre-SeedFeb 20241 M$Ingressive Capitalsource
uLessonE-learning and online courses · Nigeria · SeedJan 2019undisclosedTLcom Capitalsource
Looking for funding? See which funds match your project →Browse the fund directory →Investor: see published projects looking for funding →

See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.