Embracing EdTech post-lockdown
The lockdown has been driving an increasing focus on educational technology, or EdTech, creating new opportunities in teaching, learning, and investing. Collaboration with MENA governments -- who spend an average of 19% of their budgets on education versus 14% globally -- is an additional new frontier.
We believe EdTech growth in MENA will come from online training and lifelong learning trends, from women, and from special needs education. This could provide an impetus for new start-ups, and for more funding to existing entrepreneurial ventures.
Going forward, we expect e-learning to become more of a necessity rather than a simple option. Requisite business models and financing, including public funds, should follow.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Senior Analyst
Mehdi Chaoudri, Analyst
The Regional Views series are thematic papers aimed at identifying and analysing factors behind medium to long-term economic trends shaping the region. Our analysis draws conclusions that help businesses and investors get ahead of the curve. As a firm staffed by Middle Easterners, we focus on insight rather than standard analysis.
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