Subscribe

WCape initiative to fuel education innovation

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 27 Oct 2023
Edu Invest aims to position the Western Cape as a gateway for investment opportunities in the education sector.
Edu Invest aims to position the Western Cape as a gateway for investment opportunities in the education sector.

The Western Cape Education Department, in collaboration with Wesgro, has unveiled Edu Invest, an initiative to establish the province as an innovation powerhouse.

A public-private partnership, Edu Invest seeks to drive investment in the education sector and ignite innovation throughout the region, according to a statement.

Edu Invest will position the Western Cape as a gateway for investment opportunities in the education sector, shaping the future of education in the province and generating a robust skills pipeline.

It will focus on attracting investments in new private schools, including those that serve learners in poor communities, to create more classrooms and alleviate overcrowding in schools, reads the statement.

Western Cape education minister David Maynier points out that the future of SA hinges on a strong education system that works hand-in-hand with the private sector and integrates smart solutions to address learning setbacks.

“We are actively collaborating with businesses to improve teaching and learning outcomes and expand access to education in our province. We are wholeheartedly embracing innovative teaching and learning methods.

“We need to all work together to build a world-class education system. Edu Invest promises to be a game-changer, promoting education innovation, collaboration and driving investments in the Western Cape's education sector,” says Maynier.

“This initiative demonstrates the commitment of public and private sectors to reshape the educational landscape and create a brighter future for the region.”

Wesgro is the official tourism, trade and investment promotion agency for Cape Town and the Western Cape.

CEO Wrenelle Stander comments on the critical role of education innovation to drive competitiveness: “Education is the cornerstone of a thriving economy, essential for economic prosperity and social well-being.”

Private sector investments, according to Stander, will enhance academic achievements and overall competitiveness.

Stander also highlights the importance of pioneering methods, state-of-the-art technology, contemporary curricula, indispensable teacher training, as well as a complete overhaul of the perspective on education.

“We are amidst global competition, racing to secure new markets, investments, skills and technology. To not only survive but flourish on the global stage, we must craft a fresh growth narrative with education as its linchpin.

“For businesses, it's not just a strategic move; it's an investment in the young talents who will shape our economic future.”

Share