Connect with us

Education

Africa’s $50bn Private Higher Education Sector Set for Accelerated Growth

Published

on

Private Higher Education Sector Dorian Maillard

By Dorian Maillard

The world is hurtling headlong into a digital future, and one crucial resource is in short supply: tech talent. Projections paint a stark picture. By 2030, the global tech talent shortage could soar to 85 million, translating to $8.5 trillion in potential lost annual revenue, and there’s no viable solution at scale to fill this looming deficit.

Yet, amidst this intensifying scramble for tech talent, a paradox unfolds. Africa, a continent brimming with potential, stands as a vast, untapped, and overlooked goldmine of tech talent that will be home to over 200 million digital natives by 2030. While the reasons for Africa’s underrepresentation in global tech are complex and multifaceted, innovative solutions are emerging, countless initiatives are underway, and the potential for further progress is enormous.

Navigating critical challenges in Africa’s higher education

Quality of education

African universities face challenges in delivering high-quality education, impeding the development of tech talent. Outdated curricula often fall short of meeting the dynamic demands of the tech industry, leaving graduates with skills misaligned with practical job requirements and the latest technologies. In addition, inadequate infrastructure and resources hinder hands-on training, limiting students’ ability to acquire necessary expertise.

Access to education

Ensuring broader access to higher education is imperative. Doing so involves tackling challenges related to affordability, enhancing infrastructure, and facilitating access to online education, which has gained heightened significance in light of the COVID-19 pandemic.

Despite notable strides in extending education across all age groups and internet access and smartphone penetration exceeding 80% in most developed African countries, many individuals struggle to access education. Over 20% of primary-age children and nearly 60% of youth aged 15 to 17 remain excluded from education, whether in the digital realm or the physical world.

Affordability is a primary barrier. Soaring tuition costs, coupled with constrained financial resources, often prevent talented individuals from pursuing advanced studies. This burden disproportionately affects students from low-income households, who struggle to afford basic tuition fees, let alone additional expenses like accommodation, textbooks, and transportation. The scarcity of financial aid and scholarships exacerbates the problem, leaving many deserving individuals without the means to pursue their educational goals.

Inadequate infrastructure, particularly in rural areas, poses another significant obstacle to educational access. Shortages of classrooms and libraries hinder the learning process, limiting opportunities for higher education. Furthermore, insufficient technology resources, such as computers, internet connectivity, and educational software, contribute to a widening digital divide that intensifies educational disparities and prevents individuals from meeting the demands of the 21st-century tech workforce.

Economic, political stability, and industry engagement

A robust and stable economic and political environment is the cornerstone for fostering a thriving tech talent ecosystem. It provides a fertile ground for businesses to invest in R&D, creating opportunities for tech professionals to learn, innovate, and refine their skills. This fuels technological advancements, propelling the sector forward and attracting further investment.

Development Finance Institutions (DFIs) like the World Bank, IFC, BII, Unicaf, DEG, SwedFund, Norfund, IDC, and OPIC, in collaboration with governments, universities, and businesses, have a vital role to play in fostering a more prosperous business environment, which directly and indirectly benefits the education sector. These organisations can identify skills gaps, develop training programs, and catalyse new partnerships to generate employment opportunities for graduates.

Governments and DFIs have already made notable achievements by implementing sound policies. Seychelles now ranks among the top 50 education systems globally, surpassing countries like Ukraine, Hungary, Russia, and the United Arab Emirates. The country has achieved an impressive 99% literacy rate among its 15-24-year-old population by implementing free, mandatory education and partnering with DFIs to help fund infrastructure expansions, enhance teacher training, and develop innovative programs.

Tunisia is another success story. Despite grappling with political and economic instability, the country has positioned itself as an educational leader in Africa, boasting the second-best education system on the continent. This achievement can be attributed to the Tunisian government’s allocation of 12-20% of GDP to education.

These examples, drawn from two small countries with a combined population exceeding 12 million, provide compelling evidence of the transformative potential inherent in effective policymaking and collaboration. Implementing similar policies in larger countries like Nigeria, Egypt, or South Africa would amplify the impact, potentially addressing a significant portion of the global shortage of skilled tech workers.

The time to make a strategic bet on African edtech

Africa is home to the world’s largest untapped pool of potential talents capable of addressing the growing global shortage of tech workers. Given the rapidly evolving nature of technology and the continent’s complex operating landscape, realising this potential will require a concerted effort from governments, DFIs, and the private sector.

Despite its considerable size, the market for specialised tech higher education is primarily controlled by entities in developed countries, creating an artificial barrier for tech talent in developing nations. However, forward-thinking companies are beginning to break through these barriers, garnering support from reputable private equity investors.

As global markets rebound, we expect Africa’s $50bn private higher education sector to accelerate. Industry leaders are poised to emerge, capitalising on the continent’s affordable supply of teachers and real estate and advancing AI-driven tools to speed up content generation and performance assessments. These factors will create a virtuous cycle of growth whereby lower costs fuel innovation, which attracts more students and investors, leading to further expansion and cost reduction. This will give rise to “high-risk, high-reward” opportunities that offer above-market returns in an environment constrained by demographic challenges in developed countries.

Dorian Maillard is the Vice President of DAI Magister

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Education

Tinubu Renames PTDF College After Shehu Musa Yar’Adua

Published

on

ptdf college kaduna

By Adedapo Adesanya

President Bola Tinubu has approved the renaming of the Petroleum Technology Development Fund (PTDF) College of Petroleum and Energy Studies, Kaduna, in honour of the late statesman, General Shehu Musa Yar’Adua, in a move aimed at preserving his legacy while strengthening Nigeria’s specialised energy education framework.

The PTDF announced that, following a presidential directive, the institution will now be known as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology.

In a statement, the Fund said the renaming reflects the federal government’s recognition of Yar’Adua’s contributions to national unity and Nigeria’s democratic evolution.

The late statesman, who died in 1997, was a prominent Nigerian soldier, politician, and businessman. He served as the Chief of Staff, Supreme Headquarters, under General Olusegun Obasanjo’s military administration from 1977 to 1979. He was the elder brother of former Nigerian President Umaru Musa Yar’Adua.

“This historic renaming honours the enduring legacy of the late statesman, General Shehu Musa Yar’Adua, celebrating his profound contributions to national unity and the democratic journey of Nigeria,” the PTDF stated.

The institution, established to develop high-level manpower and technical expertise for Nigeria’s petroleum and energy industries, is expected to continue its academic and research activities without disruption despite the name change.

According to the PTDF, the university will maintain its focus on delivering advanced education, research and technology-driven solutions for the country’s oil, gas and emerging renewable energy sectors.

“The institution remains firmly committed to its mandate of delivering world-class research, specialised training, and cutting-edge engineering technology solutions to power Nigeria’s oil, gas, and renewable energy sectors,” the statement added.

The Fund further assured students, academic partners, industry stakeholders and development institutions that all existing programmes, collaborations and operational activities would continue seamlessly under the university’s new identity.

“All ongoing academic programs, partnerships, and operations continue uninterrupted under this new institutional identity,” PTDF said.

The renaming comes as Nigeria intensifies efforts to build local capacity and technical expertise to support energy transition goals, deepen indigenous participation in the petroleum industry and strengthen research-driven innovation across the energy value chain.

Continue Reading

Education

Airtel Green Schools Initiative Births to Promote Sustainability Education in Nigeria

Published

on

airtel africa foundation

By Modupe Gbadeyanka

A sustainability-focused programme known as Airtel Green Schools has been launched by Airtel Africa Foundation, as part of activities to commemorate the 2026 World Environment Day, themed Climate Action.

The initiative will create environmental learning spaces in primary and secondary schools, with the spaces to be branded Airtel Garden.

Already, the company’s 10 adopted schools, located in nine states across the country’s six geopolitical zones, have been onboarded as Green Schools.

Each of the schools now features an Airtel Garden, with dedicated sections for edible crops, fruit trees and shade trees, enabling pupils to learn firsthand about food cultivation, biodiversity and the importance of increasing green cover to help mitigate the effects of climate change.

The gardens also incorporate composting stations where organic waste generated within the school environment can be converted into nutrient-rich compost. To boost circular economy practices, plastic recycling segments have also been built into repurpose common wastes such as plastic bottles and tyres.

The beneficiary schools of the programme include St. George’s Nursery and Primary School, Ipaja, Lagos; Yahaya Primary School, Zaria; Iyeru-Okin Primary School, Iyeru-Okin, Kwara; St. John Primary School, Ijebu Igbo, Ogun State, and Community Primary School, Amumara, Imo State.

Others are Presbyterian Primary School, Ediba, Cross-River; Migrant Farmers Community Primary School, Umuahia, Abia State; Gwange III Primary School, Maiduguri, Borno State; Mayflower Secondary School, Ikenne, Ogun State; and Government Day Primary School, Gombe State.

“We are excited to inaugurate Airtel Green Schools, which are designed to go beyond awareness and create real behavioural change within Nigeria’s school communities.

“Through the Restore, Reduce and Educate pillars, we are equipping young people with practical tools such as gardens, recycling awareness, and environmental learning resources.

“Our goal is to create a replicable Green School model that can be scaled and sustained over time, ensuring that environmental education becomes part of everyday learning for the children in our adopted schools,” the chairman of the foundation, Mr Segun Ogunsanya, stated.

Also speaking, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, said, “Climate action becomes meaningful when awareness is translated into action. Through the Airtel Garden, we are creating living classrooms where pupils can learn practical lessons about environmental stewardship, sustainable agriculture, waste management and the importance of protecting our planet.

“We believe that empowering young people with these experiences today will help shape a more environmentally responsible generation tomorrow.”

Continue Reading

Education

Ex-UNILAG VC Prof Ogundipe Chairs NUC

Published

on

Professor Oluwatoyin Ogundipe

By Modupe Gbadeyanka

A former Vice-Chancellor of the University of Lagos (UNILAG), Prof Oluwatoyin Temitayo Ogundipe, has been appointed as the chairman of the governing board of the National Universities Commission (NUC).

He was chosen for the role by President Bola Tinubu, according to a statement on Monday by the president’s Special Adviser on Information and Strategy, Mr Bayo Onanuga.

Prof Ogundipe succeeds Professor Olufemi Raphael Aina, who resigned his appointment after less than one year in office.

President Tinubu appointed Professor Aina in July last year, and the board members were inaugurated in November 2025.

As NUC Chairman, Prof Ogundipe will oversee the regulatory body of the Nigerian university system, focusing on funding, global competitiveness and academic stability.

He is expected to provide visionary leadership at the NUC and sustain the credibility of the Nigerian university system by advancing quality, access, and integrity in the education sector.

Prof Ogundipe headed the University of Lagos between 2017 and 2022. He is a professor of Botany with expertise in molecular plant taxonomy, biosystematics, ethnobotany, cytogenetics, forensic botany, and ecological conservation.

He holds a PhD in Botany from Obafemi Awolowo University and an MBA from the University of Lagos.

Currently, Prof Ogundipe, 66, serves as Pro-Chancellor of Redeemer’s University, Ede, Osun State.

He is a fellow of several professional bodies, including the Nigerian Academy of Science, the Linnaean Society of London, and the Royal Society of Biology, London. He has also served as President of the Botanical Society of Nigeria and Chairman of the Lagos State Science, Research and Innovation Council (LASRIC).

Continue Reading

Trending