Nexford University has raised $4 million in its first seed round to build a next-generation university in Nigeria.
The US-based institution seeks to provide students access to high quality, affordable, dynamic education that prepares them for the global workplace.
The seed investment will be used to build the university’s underlying technology which uses artificial intelligence (AI) to offer students a personalised, engaging and yet affordable learning experience.
It also includes designing and building a curriculum from scratch, based on global employer needs.
Specific details are yet to be disclosed, however, the university has indicated that Nigeria, Egypt, and Philippines are among its primary targets.
“We as founders believe that lack of education remains the single largest root cause of most world challenges. Our mission is to enable greater social and economic mobility across the world, through education,” said Fadl Al Tarzi, CEO, Nexford University.
“We are determined to create an innovative learning experience with student interests at the forefront, one that better prepares students for today’s workplace.”
Olamidun Majekodunmi, Nexford University’s country ambassador for Nigeria, welcomed the proposed move, saying it will ensure higher education success stories emerge from the continent.
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