Egypt-based ed-tech corporate VC firm EdVentures has announced a strategic partnership with VMS, a leading venture studio empowering entrepreneurs and startups in the Middle East, to enhance ed-tech in the region. Since its establishment in 2017, EdVentures, the investment arm of Egypt’s Nahdet Misr Group, has been at the forefront of investing in innovative ed-tech startups. Meanwhile, VMS supports talented startups entering the Saudi Arabian market, helping them overcome challenges and achieve their business goals. It will allow both companies to support a greater number of ed-tech startups. “This partnership presents an incredible opportunity for the growth of the Edtech industry in the Arab world,” said Dalia Ibrahim, founder and chairperson of EdVentures.

Source: The North Africa Journal July 26, 2023 09:01 UTC