The business of education in Africa
Harnessing private sector contributions to improve the quality and relevance of education in Africa
Whether or not we live in Africa, all of our futures will be affected by the success or failure of education on the continent. By 2035, the number of Africans joining the workforce will exceed the number for rest of the world combined, making it imperative that its education systems can match students with developing workforce needs.
Commissioned by Caerus Capital, Oxford Analytica worked with Parthenon-EY to produce a report looking at the current role played by the private sector in African education and the potential for leveraging its resources to improve access to quality and relevant education for all.
- The private sector is already educating one African student in five, and this will rise to one in four by 2021.
- In order to meet the education needs of their rapidly-growing populations, African governments will need to include the private sector in their thinking.
- The private sector can help address Africa’s daunting educational challenges but governments must create and ensure the enabling the regulatory context needed to support the development of high-quality and socially beneficial private sector education.
The report covers the education sector including both core delivery (the student lifecycle from pre-primary to lifetime and vocational training) and ancillary services (including for example student finance, teacher training, and education technology).
The President of Liberia, Ellen Johnson Sirleaf, contributed a foreword to the report that concludes: “If you care about the future of education in Africa, please read it.”