Tanzania’s DEMO Africa Alumni Company Ubongo Secures USD 75K

DEMO Africa alumni company and VC4Africa member Ubongo is a Tanzanian social enterprise that creates interactive edutainment for learners in Africa, delivered to them via the technologies they already have. They’re bringing African families a transformational, fun new way to learn through educational media delivered through broadcast media and other accessible technologies. The video shown above of Ubongo co-founder Nisha Ligon was shot at DEMO Africa 2013. Check out their VC4Africa venture profile for more.

Lekki Peninsula Affordable Schools is a low-cost private school chain in Nigeria with an all-inclusive fee structure and flexible payment system designed for low-income families. The Edupreneurs Southern Africa incubator program, held in South Africa with 13 entrepreneurs over the past 6 months, was organized by the Pearson Affordable Learning Fund and Village Capital, with the support of Omidyar Network and the Center for Education Innovations, South Africa.

Pearson PLC, the largest education company and the largest book publisher in the world, launched the Pearson Affordable Learning Fund (PALF) in 2012, with $15 million of initial Pearson capital, to make minority equity investments in for-profit education companies in Africa, Asia and Latin America. The second partner, Village Capital, is a nonprofit organization that develops startup business acceleration programs across the world and manages a fund investing in graduates of their programs. Finally, Omidyar Network is a philanthropic investment firm established by eBay founder Pierre Omidyar and his wife Pam, which has committed more than $730 million to for-profit companies and non-profit organizations to catalyze economic and social change.

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