The announcement of the third cohort of the Mastercard Foundation EdTech Fellowship at CcHUB showcases efforts to ensure gender equality and innovation in Africa's education sector, with 50% of startups led by women.
Gender Equality in the Tech Space
The third cohort features an equal split of male and female founders, representing a commitment to closing the gender gap in technology and entrepreneurship.
Innovations in Education
The diverse solutions selected demonstrate a range of innovative approaches, including AI-powered platforms, financial literacy tools, and virtual science labs that provide education access to areas without internet.
Supporting Startups in Africa
The fellowship will provide supported companies with up to $100,000 in non-equity grants and advisory expertise aimed at scaling their projects. Since its launch in 2019, the initiative has reached over 676,000 learners in Nigeria, with 53% being female.
The Mastercard Foundation EdTech Fellowship represents a significant step towards enhancing the educational landscape in Africa by supporting diversity and innovation, contributing to the continent's long-term prosperity.