Nigerian edtech startup AltSchool expands into Europe
AltSchool, an edtech startup, has announced its expansion into Europe, marking a significant step forward in its mission to provide accessible educational opportunities globally, according to TechPoint.The announcement was made at the SuperCharger Ventures Demo Day on Monday, December 2, 2024, following the company's completion of the prestigious accelerator program.
After establishing a strong presence in over seven African countries, AltSchool is now focussing on Europe, hoping to expand its impact beyond the African continent. CEO Adewale Yusuf described the company's growth strategy, saying, "At AltSchool, we believe that talent is everywhere, but opportunity is not. Our mission is to provide individuals with accessible pathways to transform their lives while also assisting businesses in building the teams they require to innovate and grow. Expanding into Europe allows us to bring this vision to a region that faces its own unique workforce challenges."
SuperCharger Ventures, one of the world's largest edtech accelerators, has provided AltSchool with valuable resources, mentorship, and access to a network of partners.
The startup intends to use this funding to accelerate its expansion in Europe, a market where it has already seen promising results, particularly in the United Kingdom, which ranks third in registered users after Nigeria and Kenya.
Since its inception, AltSchool has enrolled over 100,000 students in programs such as engineering, business, creative industries, and cybersecurity. As part of its European expansion, AltSchool is looking into new business models, such as business-to-business and business-to-business-to-consumer, to increase revenue streams.
Unlike its primarily online model in Africa, the European operations will take a hybrid approach, with Malta acting as a hub for in-person engagements. The initial focus will be on in-demand fields like cloud engineering, cybersecurity, artificial intelligence, and data science.
AltSchool's primary goal since its inception in 2021 has been to provide not only skills training but also recognised certifications. In line with this, the Accreditation Service for International Schools, Colleges and Universities granted the company full accreditation in February 2024.
Yusuf revealed that AltSchool is in talks with the Maltese Ministry of Education, Sport, Youth, Research, and Innovation about replicating this accreditation in Malta.
Although AltSchool does not typically guarantee jobs to its graduates, Yusuf stated that the company's career team is actively working on initiatives to assist students in finding work after completing their programs.
AltSchool's expansion into Europe is expected to have a significant impact on the region's workforce development and educational landscape.
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