Cairo 31 Oct 2024:
In a new step toward enhancing innovation and supporting digital education in the Arab world, Edafa Venture Capital announced its acquisition of a 25% strategic stake in Bonyan, an Arab educational platform specializing in teaching programming to children. This move is part of the company’s efforts to expand its investments in the educational sector, considered vital for guiding future generations toward innovation.
Bonyan’s platform, through its diverse educational programs, targets children aged 6 to 17, providing them with a strong foundation in programming and computer skills using advanced and enjoyable methods. The platform’s vision is to cultivate minds capable of creativity and development, emphasizing the importance of programming in our daily lives and its practical applications. Thus, it empowers children with the skills needed for the future job market.
This step embodies Edafa Venture Capital’s commitment to achieving its future vision aimed at developing Arab talents, in line with the Kingdom’s Vision 2030. Investments in the educational sector play a vital role in building a generation that contributes to technological and knowledge advancement in the region.
This acquisition follows a series of partnerships that Edafa has established with various startups across different sectors, coinciding with the exclusive event organized by Edafa Venture Capital titled “Startup Sync,” which will take place in November.
This event represents an exceptional opportunity for networking and exchanging ideas with thought leaders across various fields and sectors. It will be a wonderful occasion to share experiences and build strong business relationships that contribute to achieving the company’s goals and expanding its collaborative network.
Through these investments and partnerships, Edafa Venture Capital affirms its leading role in shaping the future of education and technology in the Arab world.
