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Nigerian EdTech AltSchool Africa Gains Support from Rwanda's $30M Tech Fund for Strategic Growth 🇳🇬 🇷🇼

Nigerian EdTech AltSchool Africa Gains Support from Rwanda's $30M Tech Fund for Strategic Growth 🇳🇬 🇷🇼

#startup
#investments
#Ed-Tech
Discover how AltSchool Africa, the Nigerian edtech transforming online learning, secures strategic assistance from the Rwandan Innovation Fund, fueled by a $30 million commitment. Positioned as the African counterpart to the US coding bootcamp BloomTech, AltSchool aims to empower learners across the continent, with a focus on bridging the skills gap and boosting employment opportunities.

Nigerian edtech startup AltSchool Africa, often likened to the US coding bootcamp BloomTech, is set to receive strategic support from Intellecap, backed by Rwanda's $30 million tech fund. This assistance, fully funded by the Rwandan Innovation Fund, follows AltSchool's $3 million funding round in April 2023, where Angaza Capital, a VC firm tied to the Rwandan Innovation Fund, participated. The fund, established in 2021, aims to position Rwanda as a tech hub in Africa and supports AltSchool's plans for expansion and growth, aligning with the government's efforts to bolster the country's tech ecosystem.


🚀🌐💻 #EdTech #TechInvestment #RwandaInnovation #AltSchoolAfrica #StrategicSupport


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