EdVentures, Mastercard Foundation collaborate to drive Egypt's EdTech Startup Scene

Updated 6/6/2024 4:46:00 AM
EdVentures, Mastercard Foundation collaborate to drive Egypt's EdTech Startup Scene

Arab Finance: EdVentures, the investment arm of Nahdet Misr Group and a leading EdTech venture capital firm in the MENA region, has entered a five-year partnership with the Mastercard Foundation to launch the Mastercard Foundation EdTech Fellowship in Egypt, as per an emailed press release.

This strategic initiative is in line with Egypt Vision 2030 to promote transformative change in the MENA EdTech sector through a focus on digital innovation, inclusivity, and youth empowerment.

The fellowship program is set to affect Egypt's educational, IT, and economic landscapes.

The 12 startups selected for the first cohort of the Mastercard EdTech Fellowship include Armstrong, 5 Quarters, Nafham by Tayro, Bayt Alkhyata, Science Street. iSchool, OTO Courses, Fednee, Career 180, and Deaf Gain.

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