Startups call for sustained investment in EdTech amid funding gaps
NAIROBI, Kenya, Nov 22 – Kenya’s Mastercard Foundation EdTech Fellowship startups are urging sustained investment in education technology to scale their Kenya breaking news | Kenya news today |..
✨ Key Highlights
Startups from the Mastercard Foundation EdTech Fellowship in Kenya are urging increased investment in education technology to expand their reach, addressing persistent funding gaps in Africa’s EdTech ecosystem.
- Global venture capital (VC) investment in EdTech dropped to $2.4 billion (Sh367.2 billion) in 2024, an 89 percent decrease from a 2021 peak of $20.8 billion (Sh3.18 trillion).
- iHUB Kenya implements the fellowship, which recently concluded its Cohort 3 acceleration, showcasing 12 startups, 75 percent led by women founders.
- Each startup in the fellowship receives up to $100,000 (Sh15.3 million) in equity-free funding, enabling them to scale solutions and expand learner reach.
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Corporate Initiatives and Launches in Kenya - November 2025
Diamond Trust Bank (DTB) has reached a sustainability milestone by planting its one millionth tree as part of its "Much More Than Trees" initiative. This program aims to grow 10 million trees by 2030, contributing to Kenya's national environmental goals. In a separate development, startups from the Mastercard Foundation EdTech Fellowship in Kenya are urging for increased investment in education technology. The startups are seeking to expand their reach and address persistent funding gaps in Africa’s EdTech ecosystem. Meanwhile, Huawei has launched its new Watch GT6 and TXZ Tablet in Kenya, targeting the growing demand for smart wearables in East Africa.
