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Originally published by The Standard Business
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December 3, 2025
6h ago

Calls for more funding for education technology startups as financing dips

Calls for more funding for education technology startups as financing dips

There is a need to increase funding for education technology (edtech) startups in Africa to help advance digital literacy and bridge the country’s learning gaps..

✨ Key Highlights

Calls are being made to increase funding for education technology (edtech) startups in Africa to advance digital literacy and bridge learning gaps. This comes as edtech receives a disproportionately small share of overall tech funding, hindering its potential for growth and impact.

  • Edtech startups received only 1.1% of total venture funding in 2024 and 1.4% in 2023, significantly less than sectors like fintech (60%).
  • The call for increased funding was made during a MasterCard Foundation-sponsored demo day at the iHUB in Nairobi, showcasing 12 transformative startups.
  • Selected startups will receive equity-free funding of $100,000 (Sh13 million) from MasterCard Foundation and incubation by iHUB.
  • Abdinoor Almahdi, founder and CEO of M-Lugha, highlighted how lack of funding prevents solutions for rural digital literacy from scaling up.

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