# Ed Partners Africa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ed-partners-africa

- Industry: Financial Services
- Headquarters: Nairobi, Kenya
- Website: www.edpartnersafrica.com
- Total disclosed funding: $1.9M
- Latest round: Seed (Jun 15, 2021)
- Investors on record: 3

## About

Ed Partners Africa Ltd., based in Nairobi, Kenya, provides innovative financial solutions designed to enhance the educational landscape, focusing on improving access and quality of education in the region.Ed Partners Africa Ltd. specializes in financial services for educational institutions, aiming to improve infrastructure and learning environments. Founded in 2018 in Nairobi, Kenya, the company has successfully conducted 3 deals, with its most recent funding round occurring on November 22, 2023. The company secured USD 10 mn in VENTURE DEBT funding, bringing the total amount raised to USD 1.90 mn. The CEO is Amos Mwangi.Ed Partners Africa Ltd. offers a variety of financial products tailored to the educational sector in Kenya. Their core offerings include School Development Loans, School Transport Loans, and Technology Solutions, addressing key challenges in education. These services are aimed primarily at primary and secondary schools seeking to enhance their facilities and operational capabilities, facilitating improvements in infrastructure, transportation logistics, and technology integration.The company generates revenue through direct lending agreements with educational institutions for various projects and needs. The terms of these agreements are structured around the operational cash flows of the schools. The pricing of flagship products, such as the School Development Loan and School Transport Loan, is determined based on the scope of the project and the financial position of the borrowing institution, ensuring a sustainable revenue model while supporting the educational infrastructure in the region.Following a recent funding round that raised USD 10 mn on November 22, 2023, from the U.S. International Development Finance Corporation, Ed Partners Africa Ltd. plans to enhance access to quality education for underserved populations. The company aims to expand its product offerings and explore new markets within East Africa, potentially reaching neighboring countries to further improve education access. The new funding will support these initiatives, underpinning their commitment to evolving the educational landscape.

## Funding rounds

- Seed, Jun 15, 2021, $1.9M — Zephyr Management, Acumen, I&P

## Investors

- Zephyr Management (https://capitalatlas.ai/funds/zephyr-management) — Seed
- Acumen (https://capitalatlas.ai/funds/acumen) — Seed
- I&P (https://capitalatlas.ai/funds/i-p) — Seed
