2. Mission
Vision
To be Africa’s largest and most trusted online education brand.
Mission
To provide young Africans with access to the highest quality
education at affordable prices.
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3. What
What we do
do
Fora is an online marketplace for young Africans looking to enroll in accredited
online courses and degree programs from the world’s best Universities and
professional organizations. Thus, allowing them to advance in their careers or find a
job without having to leave the country to study.
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4. Our Model
1) Educational partners supply online
courses and resources to Fora
2) We provide a technology platform
with online courses to students
3) We Distribute to young professionals
and students across Africa
Direct to End User
Online Education Providers
What we offer
• Online courses
• Virtual Labs
• Professional Exams
• Fully Online Degree,
&
Students
Young Professionals
Certificate and Diploma
Programs
and more...
Open Education Resources
Our Technology
Online
Mobile
and more...
4
Offline
University students and
young professionals can
buy online programs
directly from us through
our marketplace at Fora.co
5. Marketplace
Students can easily search through and enroll in any one of our 500 courses
Fora Online Marketplace
N20,000
STUDENTS PAY US DIRECTLY ONLINE IN
THEIR CURRENCY
6. Our Products
Fora is an online marketplace that connects young African students and professionals with
accredited online courses and degree programs from the world’s best Universities and
professional organizations.
Online
Mobile
Learn on the go from a tablet or mobile phone through Fora’s mobile learning environment.
Offline
Fora Hub
The Hub enables multiple devices within a defined area to stream high quality educational
content from a Raspberry Pi hosted Media Server without any need to connect to the
internet. This offline solution is for individuals and educational institutions who wish to
provide their students with access to high quality open educational content also available
online without bearing high bandwidth costs
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7. The Opportunity
E-Learning is now an attractive and rapid growing option for many African
students due to costs and obligations with leaving the country to study.
Young professionals want to gain new credentials that will help them get ahead in
their careers don’t want to risk leaving their comfortable jobs and their young
families to do so.
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8. Why Now: eLearning Opportunity
5-Year
CAGR
23.3%
Revenue Forecasts for Self-paced eLearning in Africa
600
512
450
438
In Million $
300 328
Nigeria
Africa
380
150
0
2013
43
77
59
2014
2015
96
2016
Africa is the world's fastest growing market for self paced e-learning products
Source : Ambient Insight Regional Report : The Africa Market for Self Paced E-Learning Products
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9. Revenue Model
0.5%
19.5%
Revenue
$30,000
in 2014
80%
Fora
Educational Partner
EDC
500 Students
Fora earns between 15-20% on every course
that is sold through our marketplace.
Content Partner Insurance
Export Development Canada (EDC) insures 90% of our total
revenues up to $4.5m against political risks that might affect
payments so everyone involved can feel rest assured.
Payments
We allow students to purchase courses in their local currency to
help them avoid complicated transactions.
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10. Corporate Profile
Iyinoluwa Aboyeji
Ian Carnevale
Nadayar Enegesi
CEO
COO
Director of Engineering
CEO, Bookneto Inc (acquired)
Ex UN Youth Policy Advisor
Former President, Imprint Pub.
WEF Global Shaper
Founder, Nightkeys (acquired)
Co-founder, CHG
Founder, GettingSocial.ca
Founder, Learnville.com
Yvonne Johnson
Business Development
BSc. CS University of Toronto
BSc. CS University of Waterloo
Enterprise software experience at MBA, Kellog School of Management
OpenText, MKS, BBS Securities, Head of Corporate Strategy, First Bank
Ex Merrill Lynch, Diamond Consultants
BNotions.
Advisor
Investors
Obiageli Ezekwesili
Former Minister of Education,
Federal Republic of Nigeria
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11. "Education is the most
powerful weapon to
change the world."
-Nelson Mandela
