Kibo School Raises $2 Million to Offer Online STEM Degrees to Students in Africa

Many parents immigrate to America in order for their children to have the opportunity to pursue higher education. Unfortunately, not everyone has the access to do so. To help more Africans achieve this dream, co-founder and CEO Ope Bukola and her team launched Kibo School.

According to TechCrunch, the online school has raised $2 million to offer STEM degrees targeted to students in Africa.

Capital For Accessible Education

“There are so many young people getting into the technology workforce, and I really think the continent could be the place for young technologists, if only our education system was up to the task. Our mission at Kibo is to provide a better alternative to traditional education,” said Bukola, according to the outlet.

The seed funding round was led by venture capital firm Neo. Participants also included Future Africa, Pledges, Brooklyn Bridge Ventures, Transcend Network, and several angel investors.

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SOURCE: Afrotech, Ngozi Nwanji

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