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An R45 million Investment by Naspers in The Student Hub online learning platform 

credit: Naspers (Medium)

TechInAfrica – The global pandemic brought up many of South Africa’s disadvantages in the education system, in particular, its relationship to building the right technology skills. To overcome this problem, lately, Naspers announced that it invested R45 million in the local online learning platform, The Students Hub. 

It becomes the fourth announcement under the Naspers Foundry, that attempt to discover an early technology investment to help the maintenance and growth. Since launching in 2019, the total investment of Naspers Foundry is R200 million. 

For those who are not familiar with The Student Hub platform, the platform can be used to increase the access to vocational education for many students while reducing the delivery fee of education and training.

The online platform also helps to resolve the limited physical infrastructure and the related resource by working together with Technical and Vocational Education and Training (TVET) that has been accredited by the government. The Students Hub will help them deliver their courses online, which speaks directly to some obstacles that COVID-19 has set off for the local education industry.

Phuthi Mahanyele-Dabengwa, South African CEO of Naspers said that tech companies become the primary key to increase the growth of South Africa’s economy. The companies also want to uplift the big potential they have. One of the example to help South Africa is the investment by Naspers in The Student Hub and as the example of how digitalization can direct unequal access to education, produce local opportunities, and allows increased participation towards a more inclusive economy.



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