We Won $5000 From TEF!
We took part in the Tony Elumelu Foundation (TEF) 2021 edition, and we are happy to be one of the winners from an initial application of over 400,000 entries.
Our flagship, SchoolMates.ng is an online community for secondary school stakeholders: students, teachers, parents & alumni.
Funds from TEF were disbursed in Dec 2021, and this allowed us to finally launch the SchoolMates website in 2nd quarter of 2022.
Click here to learn more about SchoolMates
- Noteworthy figures
Nigeria’s Population
206m (2020)
400m (2050)
NG Internet Penetration
46.6% (2020)
65.3% (2025)
NG Smartphone Users
23.3m (2019)
143m (2025)
Global E-learning Revenue
$190b (2018)
$398b (2026)
What is Edtech?
A multi-billion dollar subsector of InfoTech, Educational Technology (EdTech or EduTech) focuses on creating, using, and managing technological processes and educational resources to help improve user academic experience(*).
EdTech in ‘three nutshells’
An industry – comprising educators, start-ups, and organisations that develop tools specifically for the education sector.
A set of tools – or alternative tools and practices for learning enhancement and delivery of education.
A US$398 billion industry in year 2026
As at January 2020 there were 14 EdTech unicorns (firms valued over 1 billion US dollars), with the Indian company ByJu being the highest valued at 5.8 billion dollars. (*)
KEY STAKEHOLDERS IN NIGERIAN PRE-TERTIARY EDUCATION
Internet users in Nigeria
Rising internet users further increases Total Addressable Market for EdTech.
Find more statistics at Statista
Solving Nigeria’s biggest education problems with Information Technology.
Software as a Service (SaaS) products: management tools, e-learning tools, administration tools, community platform, data storage, web visibility, publicity, digital inclusion.
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