SA startup Excel@Uni is solving the problem of alarming student dropout rates

Loading player...
Less than half of South African university students complete their degrees, a stark contrast to the 30% rate seen in OECD countries. However, Excel@Uni, a pioneering South African startup, is determined to change this trend. Focused on keeping students on track throughout their academic journey and preparing them for the workplace, the company has recently received recognition from Google as a recipient of the 2023 Google for Startups Black Founders Fund. Co-founder, Lungelo Gumede, told Biznews that Excel@Uni has achieved remarkable results, boasting an impressive success rate of 90% for their students in a pilot programme, with certain years recording zero drop-outs. Gumede said that black founders often found it difficult to secure investors, but Excel@Uni adapted their business model and managed to make it more attractive for their preferred investor. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Jul 2023 9AM English South Africa Investing · Business News

Other recent episodes

The NdB Sunday Show | What Cyril knew before the Mkhwanazi presser…

In this edition of the NdB Sunday Show, Chris Steyn and independent intelligence analyst Jasmine Opperman talk about testimony at the Madlanga Commission of Inquiry that - six days before whistleblowing General Nhlanhla Mkhwanazi called his bombshell press conference - President Cyril Ramaphosa had a verbal intelligence briefing in which…
15 Nov 7AM 34 min

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min