The private education sector in sub-Saharan Africa had a value of US$1.7 billion in 2017. While small compared to the largest industries, we cannot overlook the outsize impact that scalable innovations in education can have on the region.
Gaps and wide variations in access and quality cannot be addressed by governments alone. For this reason, there is a distinct need for alternative models such as informal private schools and skills-based programs compared to those in countries like the U.S. Other opportunities include private K-12 schools and universities, distance learning, publishing, vocational training, teacher training, and educational technology.
By including education as one of our strategic investment areas, we are confident in the market viability of recognized needs that have strong support across the private sector, government, and NGOs. Promoting equality in access to quality education can more than double the pool of untapped talent, especially considering the number of girls and low-income or rural students who have historically faced numerous barriers to attending and remaining in school. In the long term, education is the most fundamental investment we can make to strengthen Africa’s competitive position in the modern knowledge and innovation economy.
Opportunities in Education:
- Mid-priced / Premium K-12
- Low-cost K-12
- Contact higher education
- Distance higher education
- STEM (Science, Technology, Engineering, & Mathematics) and entrepreneurship academies
- Pre-primary / Kindergarten
- Technical and vocational
- Teacher training
- Supplementary education
- Innovative education using IoT (Internet of Things) technologies