ShareEd Partners Africa, an innovative non-banking financial institution, is set to spark a significant transformation in the education sector, securing new funding to achieve this goal. The Kenya-based startup, Ed Partners Africa, focuses on offering infrastructural loans to launch transformative projects. These projects span infrastructure, technology, and transport, impacting over 100,000 students across a remarkable network of 350 schools, per the data on its website. The education-focused startup, committed to lending educational institutions money for infrastructure, raised $1.9 million in a seed round in June 2021. Significantly, this strategic funding partnership with Oikocredit enhances Ed Partners ability to offer vital loan facilities to affordable private schools.

Source: The North Africa Journal August 17, 2023 12:02 UTC