Telecom
Classera Raises $40m in Biggest Series A funding in EdTech, Set to Deepen Footprints Across Africa
Classera, a global edutech learning management platform focused on emerging markets, has successfully raised $40 million in a Series A round, the largest in EdTech globally for a company with no prior funding.
The impressive Series A round, which represents the largest funding round ever in Edtech in the Middle East and North Africa (MENA) region and most of Africa, is expected to advance Classera’s Learning Super Platform (LSP), affirm its position of leadership in e-learning and EdTech, in addition to further deepening its global expansion into new markets, especially in Africa.
The round was led by the Public Investment Fund (PIF)-owned Sanabil Investments, a Saudi-based investment giant, accompanied by Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and Seedra Ventures. Also involved in the round were other investors from Silicon Valley, emerging markets, and global family offices.
Crucially, the investment will see Classera accelerate on its global trajectory and target more growth in MENA, the rest of Africa, and to fast-track its expansion, especially into Asia Pacific (APAC) and elsewhere. These strategic expansionary plans will be driven by direct sales of its cutting-edge learning solutions, through channel partners, and via acquisitions.
Similarly, proceeds of the investment will also help Classera – via its specialized platform for corporate e-training – LeadXera – to expand faster into that huge sector – which is one of the primary targets of the investment.
As part of its growing footprints in Africa, Classera recently partnered with TD Africa, Sub-Saharan Africa’s leading distributor of tech, services, and lifestyle products.
The partnership will see Classera leverage TD Africa’s growing database, network of resellers/partners as well as its considerable reach to grow the adoption of its bouquet of e-learning solutions among millions of users across Nigeria and Ghana.
Specifically, through TD Africa, Classera will gain access to and introduce a range of smart learning tools to clients in the education sector, including schools at every level.
Also, in line to benefit are large corporate organizations, as well as Small and Medium Enterprises (SMEs) desirous of adopting a digital learning platform to provide training for their employees.
Consequently, its strategic partnership with TD Africa, arguably the biggest distributor of Microsoft’s products and services in Nigeria and beyond, will undoubtedly aid Classera to gain significant footholds across a wide range of target audiences in Nigeria and Ghana.
‘‘We are delighted to be associated with Classera, particularly in the light of this landmark fund raise and in view of the massive potential in boosting e-learning for a variety of key users across Nigeria and Ghana,’’ disclosed Coordinating Managing Director, TD Africa, Mrs. Chioma Chimere.
‘‘Leveraging our army of resellers in these markets, we are confident that this strategic partnership will go a long way in expanding access to the suite of cutting-edge solutions from Classera for millions of new users.’’
Also commenting was Mahmoud El Gabry, Strategic Partnerships Director of Classera Inc.
“As we just completed one of the largest funding rounds a company with no prior funding had done in the EdTech industry, we are determined to extend our worldwide presence focusing on Africa to accomplish our vision.
“Today, I am very excited about our new partnership with TD Africa to empower the learning journey of our clients in Nigeria and Ghana benefiting from the innovation brought by Classera and its globally recognized and awarded learning solutions spearheaded by its state of art Learning Super Platform (LSP).’’
Equally important, Classera, last year, launched a co-branded solution alongside HP under the name “HP-ClassEasy by Classera” which is now offered in several countries globally, with an eye on accelerating its growing adoption in Africa as well.
The solution is an Education Super App for K12 and Higher Education that leverages AI, gamification and social learning to bring new levels of learner engagement to life, break through the challenges of increasingly difficult online student engagement and go beyond ordinary learning management systems.
“The HP ClassEasy is much more than a Learning Management System. It puts into perspective virtually everything you would want to do in a real-life educational institution. The ease of maneouvering through is exceptional and it is a delight seeing several institutions adopt it,” enthused Lanre Phillips, HP Enterprise Sales Manager – Central Africa.
Established in Silicon Valley with an Emerging Markets Focus, Classera is the largest Edtech company in MENA and most of sub-Saharan Africa, educating millions of learners in more than 30 countries. Its LSP is a fully integrated eco-system that includes a gamified learning management platform based on AI and social learning, an augmented reality learning app known as C-Reality, a full ERP for educational institutions – C-Smarter, an integrated e-payment gateway – C-Pay – for pocket money, tuitions payments and financing, as well as a specialized educational marketplace for Edtech and educational supplies products tagged Edumalls. These platforms are housed under one umbrella to ease the process and boost learning engagement and thus the overall learning experience.
Classera’s growing range of customers include Ministries of Education, schools, universities, and corporates for e-training. It has developed over 100 strategic partnerships with global and regional players including Microsoft, Zoom, Amazon, Intel, Udemy, and HP, among others.
At the onset of the coronavirus pandemic which disrupted learning across the world, Classera launched its Learning Never Stops solution to over five million classrooms in less than two weeks. By working day and night with Microsoft, Classera ensured a seamless transition to virtual classrooms at scale during one of the most critical periods in global history.
In addition, the company delivered one of the highest engagement metrics in the e-learning industry globally in the last academic year. In the journey, the engaging gamified platform enabled the company to secure close to 70% market share in several markets, generating high engagement – leading to over 10 billion page-views. Classera has received several global awards in the Edtech industry including Bett, The Learning Award, GESS, Microsoft best global partner award and many more.
More details on Classera’s remarkable e-learning solutions can be accessed here: https://youtu.be/nOehGxNEYZ4
Localised, industrial-grade artificial intelligence (AI) data centre infrastructure will be delivered across Africa and the Global South, following a strategic alliance between sovereign AI infrastructure company Amini, electronics manufacturing giant Hon Hai Technology Group (Foxconn) and French digital firm Bull.
The three-way partnership aims to close the sovereign compute gap by allowing governments, telecommunications operators, financial institutions and energy companies to acquire and operate computing systems domestically.
Africa’s digital economy is projected to reach $1.5 trillion by 2030, which is driving regional demand for AI-enabled services across public administration, energy and finance, the parties say.
However, advanced cloud and AI processing capabilities have historically remained concentrated within a small number of external providers. The partnership seeks to establish locally anchored infrastructure, enabling domestic organisations to retain control over data and digital sovereignty.
Under the agreement, Amini will drive local market engagement and deployment, leveraging its existing platforms for locally anchored data capacity.
Foxconn will provide specialised hardware, server architecture and modular data centre technologies in its first dedicated infrastructure initiative focused on African markets.
Bull integrates its expertise in high-performance computing, quantum computing and emerging-market digital capacity. By operating independent systems, critical national sectors can bypass reliance on external platform architectures.
Financial entities can deploy independent credit, risk assessment and financial inclusion algorithms, while energy providers can implement localised machine learning for predictive maintenance and national grid optimisation.
“AI is becoming foundational infrastructure for every economy, yet most of the world still lacks the compute capacity required to participate on its own terms,” said Kate Kallot, founder and CEO of Amini. “This partnership ensures that Africa and the Global South can acquire, own and operate AI infrastructure locally, with sovereignty and long-term economic value at its core.”
Alexandre Jouys, chief commercial officer and head of Southern Europe, Middle East and Africa at Bull, added that Africa and more generally the Global South have the potential to emerge as a global-scale AI hub, by continuing to build regional computing capacity and supply chain independence.
The organizing committee of the 2026 Nigeria DigitalSENSE Forum (NDSF) on Internet Governance for Development (IG4D) is proud to announce Dr. Olusola Teniola as the Chairman for this year’s landmark event.
A seasoned leader with over 32 years of global experience in the telecommunications and technology sectors, Dr. Teniola brings a wealth of strategic expertise to the forum.
The Convener of NDSF and Group Executive Editor, ITREALMS Media group, Ogbuefi Remmy Nweke, welcomed the appointment, noting that Dr. Teniola’s leadership comes at a pivotal time for Nigeria’s digital economy.
Dr. Teniola currently serves as the Director of Strategic Business Initiatives at ipNX Nigeria, where he leads market expansion across West and Central Africa.
His recent contributions as a Digital Development Consultant to the World Bank Group for the May 2025 Country Private Sector Diagnostic report further underscore the high-level expertise he brings to the 2026 forum.
Dr. Teniola’s career is defined by high-impact leadership and infrastructure development:
- He previously served as COO for Oodua Infraco Resource Limited, overseeing the deployment of 870km of digital infrastructure in Southwest Nigeria.
- He is the past President of the Association of Telecommunications Companies of Nigeria (ATCON) and succeeded Dr. Ernest Ndukwe as the National Coordinator for the Alliance for Affordable Internet (A4ai).
- His background includes executive roles at global giants such as British Telecom, Vodafone, Cisco Inc, and Alcatel-Lucent Technologies.
- He has been a vital contributor to the Nigerian Broadband Plan (2012-2013 and 2020-2025) and currently serves on the IPv6 Council.
Dr. Teniola holds a B.Eng (Hons) in Computer & Information Engineering from South Bank University, an MBA from the University of Bath School of Management, and an Honorary Doctorate (DBA) from Prowess University.
He is a Fellow of the MSME Institute of Management & Professional Studies and a member of the Chartered Institute of Directors (IoD) Nigeria.
Nigerian Communications Commission (NCC) says ongoing investments and regulatory interventions in the telecommunications sector are expected to address persistent quality of service challenges across the country.
NCC
In a statement signed by the Head of Public Affairs, Nnenna Ukoha, on Wednesday, the commission acknowledged public concerns over dropped calls, slow internet speeds, unstable data services and service disruptions affecting consumers.
The commission said telecommunications services had become central to work, education, business, access to essential services and social connectivity, adding that consumers deserved reliable services and value for money.
According to the NCC, improving quality of service has remained a major regulatory priority over the past two years.
It said the commission had intensified monitoring of Mobile Network Operators, Internet Service Providers and Tower Companies, while strengthening data-driven oversight and stakeholder engagement to address structural challenges affecting service delivery.
The commission disclosed that the sector was undergoing one of its largest network expansion and modernisation phases in recent years following a prolonged period of under-investment.
It said Mobile Network Operators invested more than N2.13 trillion in network infrastructure and upgrades in 2025, while Tower Companies invested an additional N373.8 billion.
According to the NCC, the investments supported the addition and upgrade of more than 2,800 telecommunications sites nationwide to improve network coverage and capacity.
The commission said interventions included deployment of additional 4G and 5G infrastructure, fibre backhaul expansion, targeted deployments in high-demand urban areas, expansion into underserved communities and equipment upgrades.
It added that operators had committed to adding or upgrading more than 12,000 sites in 2026, with nearly 3,000 already completed.
The NCC also said over 730 additional 5G sites had been deployed across 27 states in 2026.
The commission noted that 4G penetration rose from 45 per cent in January 2024 to 54 per cent currently, while national median download speeds improved from 16.5Mbps to 20Mbps within the same period.
It further said power availability at telecom towers improved from a national average of 99.3 per cent in January 2025 to 99.7 per cent.
According to the commission, spectrum reallocation among major operators and spectrum block rearrangements were also being implemented to improve network efficiency and service performance.
The NCC, however, acknowledged persistent external challenges affecting service quality, including vandalism, theft of telecom equipment, fibre cuts, power disruptions and access denial for maintenance.
It disclosed that more than 27,000 avoidable fibre-cut incidents linked mainly to road construction and vandalism were recorded in 2025.
The commission said it was collaborating with the Office of the National Security Adviser and other stakeholders to implement the Presidential Order on Critical National Information Infrastructure.
It added that operators had been mandated to notify consumers of major service outages promptly and restore services within specified timeframes.
The NCC said enforcement of the updated Quality of Service Regulations 2024 commenced in November 2025, including consumer compensation measures for poor service quality and additional investment obligations on Tower Companies.
It warned that regulatory action would continue against operators that fail to deliver measurable improvements.
The commission reaffirmed its commitment to ensuring affordable, reliable and high-quality telecommunications services for all Nigerians.
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