Mena’s EdTech sector primed for growth amid pandemic

Mena’s EdTech sector primed for growth amid pandemic

The education technology sector has become an “attractive and promising new market” for venture capital investors, especially in the Mena region, as the Covid-19 pandemic accelerates shift to digital education, according to a new study.

Globally, EdTech companies received a massive $8.3 billion in the first three quarters of 2020 alone, Dubai-based venture capital firm Global ventures said in its inaugural EdTech research report.

“The EdTech sector started the last decade with $500 million of venture capital investments in 2010 and finished 14 times higher at $7bn in 2019,” according to the