Funding value is down by 90 percent in the educational technology sector from global highs, forcing many companies out of business.
In the first quarter of 2024 there were about 100 venture capital transactions in educational technology, or “edtech”, with a total value of about $580 million.
Online course provider Coursera has more than 20 million users in the Middle East and Africa, with courses available in Arabic. Jeff Maggioncalda, Coursera’s CEO, tells AGBI how the company has been able to thrive in a challenging environment.
