Interview multiple candidates
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Search for the right experience
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Ask for past work examples & results
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Vet candidates & ask for past references before hiring
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Once you hire them, give them access for all tools & resources for success
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South African EdTech Week 2023, held in the vibrant city of Cape Town, was a convergence of ideas, aspirations, and concerted efforts to rehaul education in Africa. Hosted by Injini in collaboration with Wesgro and the Mastercard Foundation, this gathering from October 25-27 was a testament to the growing significance of educational technology (EdTech) in tackling the continent’s educational challenges.
The backdrop of this event was the stark reality of South Africa's educational landscape, marked by hurdles such as a burgeoning youth population, a dearth of qualified teachers, and low levels of literacy and numeracy. These issues cast a long shadow but also illuminated the path for EdTech as a beacon of hope and innovation. The palpable energy at the conference was a mixture of urgency and optimism, a collective acknowledgment of the problems at hand and the possibilities that technology could unlock.
Day One
Day One was dedicated to understanding and enhancing the funding avenues for EdTech ventures. The highlight was undoubtedly the Demo Day for the 12 local EdTech companies selected for the Mastercard Foundation EdTech Fellowship Program. This initiative was not just about financial support; it was a holistic approach to nurturing these companies with collaboration opportunities, skill enhancement, and strategic guidance. The diversity of these 12 companies, each with its unique solution, painted a picture of a future where education is more accessible, inclusive, and effective.
A panel discussion featuring Sharon Dlomo, Gilbert Anyetei, and Khaya Makhubu was a masterclass in the nuances of EdTech investment. The diversity in their investment philosophies – from Allan Gray's business-centric approach to Innovation Edge's focus on social impact, and ELMA Philanthropies' commitment to the well-being of African children – offered a 360-degree view of the funding landscape.
The integration of Artificial Intelligence in education was also particularly thought-provoking. The potential of AI to transform learning experiences in overcrowded classrooms is as exciting as it is daunting, given the concerns about biases and the replication of Western-centric content.
What stood out was the practical, grounded advice the panelists offered to EdTech entrepreneurs. Dlomo's emphasis on patient capital for long-term solutions, Anyetei's advice on aligning investments with specific needs, and Makhubu's insights into the competitive nature of philanthropic and patient capital were not just words of wisdom but actionable strategies. These insights underscored a crucial theme of the conference – the need for EdTech solutions to be sustainable, contextually relevant, and aligned with the real needs of African learners.
Day Two
Day two brought government insights into the fold, adding a crucial layer to the discourse. Western Cape Minister of Education David Maynier's address was a reality check, shedding light on the pressures faced by local governments. The growing school-going population and the need for new educational infrastructures were sobering reminders of the challenges at hand. Minister Maynier's updates on initiatives like the Apex School project and the Back on Track Programme, with their focus on digitising learning materials, illustrated the government's proactive approach in integrating technology into education. His emphasis on the inadequacy of merely providing hardware for successful EdTech implementation was a crucial insight and a call to action for more comprehensive solutions that go beyond the surface level of technology provision.
The panel discussion on day two further enriched the conversation, diving into the need for solutions that are both economically viable and educationally meaningful. The lingering impact of the COVID-19 pandemic on learners and the potential of digital technology to enhance access to education were significant topics. These discussions were not just theoretical; they were grounded in the realities of the present, reflecting the ongoing evolution of education in a post-pandemic world.
Day Three
Day three marked the culmination of the event, blending philanthropy, challenges, and innovation into a cohesive narrative. Wendy Viljoen's insights into the impact of EdTech businesses in the Western Cape provided a local perspective, while Frank Aswani's address as CEO of the African Venture Philanthropy Alliance (AVPA) offered a broader, continental view. Aswani's emphasis on the need for risk capital to drive change in African education was a critical takeaway, highlighting the importance of investment and innovation in the sector.
The discussions on the final day underscored the importance of execution, the potential of innovative funding sources, and the promising returns of investing in the education sector. These conversations were not just about addressing the present challenges but were forward-looking, focusing on the long-term impact and sustainability of EdTech initiatives.
The challenges are many, but the opportunities and the will to seize them are even greater. The discussions were not just about technology and funding; they were about shaping the future of education in Africa, about empowering the next generation with the tools and knowledge to thrive in an increasingly complex world. Let's dive into some of the key takeaways from the event, each one a crucial piece in the intricate puzzle of EdTech in Africa.
The Diversity of Challenges Across Africa
- Insight: Africa's diversity is profound. Each country has unique educational challenges and needs, debunking the myth of a monolithic Africa.
- Action: Tailoring EdTech solutions to cater to specific regional and national requirements is crucial.
The Importance of Local Representation
- Insight: Having local representation in each target country is vital for understanding and addressing specific educational needs effectively.
- Action: Establish strong local networks and partnerships to ensure relevance and impact.
Value-Driven Technology Development
- Insight: Technology must address well-understood needs to be of real value.
- Action: Conduct thorough market research to identify and understand these needs before developing tech solutions.
Identifying the Role of Your Solution
- Insight: Distinguish whether your tech solution is additive (enhancing existing systems) or essential (a fundamental necessity).
- Action: Adapt your solution to the market you are targeting, ensuring it aligns with their specific stage of educational development.
Navigating the Funding Landscape
- Insight: A range of funding options exists, but choosing the right type for your business’s life stage is key.
- Action: Balance grant funding with venture capital to build a sustainable, scalable business.
Innovative Funding Approaches
- Insight: Global investment capital is abundant, but its flow into Africa is limited. Alternative sources like diaspora remittances and faith-based funding can be tapped into.
- Action: Explore unconventional funding sources to unlock new opportunities.
The Need for Catalytic Funding
- Insight: Catalytic funding can unlock a range of benefits, like job creation and business sustainability.
- Action: Seek funding that not only supports your business but also contributes to broader societal benefits.
Monetisation and Growth
- Insight: Developing a clear monetisation strategy is essential for reinvesting in your business’s growth.
- Action: Innovate in how you generate revenue, ensuring a sustainable business model.
Exploring B2B Opportunities
- Insight: Adding a B2B element can be beneficial for B2C-focused EdTech firms.
- Action: Explore partnerships and collaborations in the B2B space to expand your reach and impact.
Collaboration and Expansion
- Insight: Collaborating with other EdTech businesses can facilitate expansion into new markets.
- Action: Leverage partnerships for mutual growth and market penetration.
Engaging with Government
- Insight: Governments are open to private EdTech solutions but expect them to meet real educational challenges.
- Action: Align your solutions with government objectives and avoid relying on government funding.
Utilizing Government Data
- Insight: Governments possess valuable educational data and are willing to share it.
- Action: Utilize this data to inform your strategies and solutions.
Beyond Grant Funding
- Insight: Sole reliance on grant funding can limit business credibility in later funding stages.
- Action: Diversify funding sources to build a more robust financial foundation.
The journey of revolutionizing education in Africa through technology is complex and multifaceted, requiring a balance of local understanding, innovative funding, collaborative efforts, and a focus on value and sustainability. SA Edtech Week highlights the immense potential that lies within Africa, not just in its technology but in its people — their ideas, their resilience, and their aspirations. As attendees depart, they carry with them not just the memories of a conference but the seeds of change that, with the right nurturing, can blossom into an educational renaissance.
Images courtesy of: Injini and SA Edtech Week 2023
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