Nigerian EdTech Startup Ribara Analytica Secures Mastercard Foundation Fellowship

Ribara Analytica, an early-stage Nigerian startup, has secured a place in the fourth cohort of the Mastercard Foundation EdTech fellowship. This 18-month program offers selected ventures access to up to $100,000 in equity-free funding, alongside crucial technical assistance.

The fellowship, implemented by Co-Creation Hub (CcHUB) in partnership with the Mastercard Foundation, aims to bolster innovative education technology ventures. Beyond financial support, participating startups receive structured guidance in product development, communications, and business strategy. They also gain access to CcHUB’s extensive network of sector stakeholders and a framework for demonstrating their impact.

Nissi Madu, Managing Partner at CcHUB, highlighted that the 12 founders were chosen based on the strength of their solutions and their understanding of the communities they serve. "Cohort four was designed around the belief that the most important decisions about inclusion are made at the earliest stages of innovation," Madu stated, emphasizing the program's focus on promoting inclusion from the outset.

Ribara Analytica operates within the thematic area of strengthening the connection between education and employment. The organization, founded by individuals with backgrounds from Covenant University and Harvard University, develops tools to improve labor market and higher education data. Its co-founder, Prof. Ada Peter, a Harvard graduate, also chairs the African Higher Education Curriculum Conference (AHECC), which advocates for evidence-based curriculum reform. The fellowship is expected to significantly aid Ribara Analytica in refining its technology and evidence base to help higher education institutions better align curricula with evolving labor market demands.

“

Cohort four was designed around the belief that the most important decisions about inclusion are made at the earliest stages of innovation.