To change educational landscape, Egyptian businessmen launched $42 M NextEra
With over EGP2 billion in investments, NextEra Education, a revolutionary educational initiative, proudly announces its founding with the goal of fundamentally altering Egypt’s educational system. A strategic collaboration between EYouth, prominent businessmen Mohamed Farouk and Ahmed Tarek, and forward-thinking businessmen Mustafa Abd Ellatif and Mokhtar Ahmed produced this large-scale project. Egypt will soon be able to access top-notch education thanks to NextEra Education’s integration of cutting-edge AI technologies, revamping of conventional curricula, and partnerships with esteemed foreign universities.
With the goal of equipping students with the knowledge and abilities required to thrive in a global economy that is changing quickly, NextEra Education aims to address the serious issues with Egypt’s current educational system. In order to provide students with individualized, state-of-the-art learning experiences that equip them for the workforce of the future, the initiative will concentrate on integrating AI into educational processes.
“NextEra Education is more than just an educational institution; it represents a bold step forward in redefining the future of education in Egypt,” said Mustafa Abd Ellatif, CEO of NextEra Education and EYouth. “Our significant investment, coupled with AI integration and global partnerships, ensures that our students will not only meet the demands of today’s job market but will also be the leaders of tomorrow.”
Mohamed Farouk, CEO of Mobica and Chairman of NextEra Education, highlighted the transformative potential of this initiative. “Our goal is to build an educational ecosystem in Egypt that bridges the gap between traditional methods and modern economic needs. Through these investments and AI integration, we are setting a new benchmark for educational excellence in Egypt.”
Ahmed Tarek, Chairman of Swiss Co. and Allianz Logistics & Services Holding and Board Member of NextEra Education, emphasised the strategic importance of this collaboration. “By combining expertise from both business and education sectors, NextEra Education will equip the next generation of Egyptian leaders with the tools they need to compete on a global stage.”
NextEra Education will be able to offer internationally recognized accredited programs thanks to these partnerships, including bachelor’s degrees in subjects like business administration, data science, analytics, cybersecurity, artificial intelligence, and programming systems.
Mokhtar Ahmed, COO of NextEra Education, shared his enthusiasm about the initiative. “We are committed to creating an educational environment that not only meets international standards but also fosters innovation and creativity among our students. This is just the beginning of a transformative journey for education in Egypt.”
