Online Learning

Online learning

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Online learning

Country
Sector
Most major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Education
Sub Sector
Most major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Education Technology
Indicative Return
Describes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment Timeframe
Describes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market Size
Describes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
2.37 million learners impacted due to school closures
Direct Impact
Describes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4)
Indirect Impact
Describes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8)

Business Model Description

Develop and operate online and blended learning tools and platforms

Expected Impact

Facilitate access of students to education during remote learning and in remote areas

How is this information gathered?

Investment opportunities with potential to contribute to sustainable development are based on country-level SDG Investor Maps.

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Country & Regions

Explore the country and target locations of the investment opportunity.
Country
Region
  • Jordan: Countrywide
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Sector Classification

Situate the investment opportunity within sustainability focused sector, subsector and industry classifications.
Sector

Education

Development need
Sustainability Development Report 2019: score of 78 on SDG 4 (Quality Education), with 'Significant challenges remain'; and score 62.5 on SDG 8 (Decent Work and Economic Growth), with 'Challenges remain'; with “Major Challenges Remain” subscores prevalent across indicators (1). The unemployment rate reached 23% in Q2 2020 (2).

Policy priority
The Education Strategic Plan 2018 – 2022 targets an increase in KG1 enrollment rate from 35% to 52% and for KG2 from 59% to 80% by 2022 (6).

Gender inequalities and marginalization issues
The influx of more than 1.3 million Syrians has placed extra demands on the education system and labor market. In 2019, the unemployment rate reached 25.6% among males, and 78% among females holding undergraduate or higher degree (4).

Investment opportunities introduction
The COVID-19 pandemic has set a need to adapt and to develop online and blended learning solutions. Strong and significant policy momentum for investment in online learning in schools and universities: national strategies and current government plan emphasize education as a priority sector (5).

Pipeline Opportunity

Discover the investment opportunity and its corresponding business model.
Investment Opportunity Area

Online learning

Online and blended learning tools and platforms
Business Model

Develop and operate online and blended learning tools and platforms

Business Case

Learn about the investment opportunity’s business metrics and market risks.

Market Size and Environment

Critical IOA Unit
Describes a complementary market sizing measure exemplifying the opportunities with the IOA.

2.37 million learners impacted due to school closures

Rise in school population will continue to generate demand for education. School closure due to COVID-19 has impacted 2.37 million learners, including 230,900 school-age Syrian refugee children (7)

Strong potential to develop solutions and Arabic content for MENA region. Several successful businesses in this space have expanded to other MENA countries (10)

There are about 8.7 million internet users in Jordan. Internet penetration was 85.3% in 2019. The average internet penetration reached 64.5% in the region (11)

Indicative Return

IRR
Describes an expected annual rate of growth of the IOA investment.

10% - 15%

10-15% returns annually, based on sector statistics (3)

Investment Timeframe

Timeframe
Describes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.

Short Term (0–5 years)

Based on consulted benchmark projects, the projected investment timeframe is expected to be below 5 years

Market Risks & Scale Obstacles

Business - Supply Chain Constraints

Connectivity of internet and limited acccess to WIFI in schools and homes

Regulation

Accreditation of online learning

Impact Case

Read about impact metrics and social and environmental risks of the investment opportunity.

Sustainable Development Need

In Jordan, universal access to education has not yet been achieved. Over 16% of students in Jordan lack internet access, 16 percentage points below the OECD average, while one-third do not have a computer that can be used for schoolwork, 25 percentage points below the OECD benchmark. (13)

School closure due to COVID-19 has impacted 2.37 million learners, including 230,900 school-age Syrian refugee children (7)

Gender & Marginalisation

The digital gap is found mostly in low-income households: less than 30% of students from the lowest economic status groups have a computer for schoolwork, and only about 50% can access the internet. (13)

The digital gap is more prevalent among the migrant populations and for those living in the camps.

Expected Development Outcome

Improvements in access and quality of education including for students in remote areas and camps

Gender & Marginalisation

Improve girl's access to technology and online learning

Develop teachers capacity -especially of those female and living in remote rural areas- to use digital technologies and e-learning tools for education delivery

Primary SDGs addressed

Quality Education (SDG 4)
4 - Quality Education

4.1.1 Proportion of children and young people (a) in grades 2/3; (b) at the end of primary; and (c) at the end of lower secondary achieving at least a minimum proficiency level in (i) reading and (ii) mathematics, by sex

4.2.2 Participation rate in organized learning (one year before the official primary entry age), by sex

4.3.1 Participation rate of youth and adults in formal and non-formal education and training in the previous 12 months, by sex

4.4.1 Proportion of youth and adults with information and communications technology (ICT) skills, by type of skill

Secondary SDGs addressed

8 - Decent Work and Economic Growth

Directly impacted stakeholders

People

There are 3.8 million children under 18 in Jordan, equivalent to about 40% of the population (2)

Gender inequality and/or marginalization

Girls with better access to technology and online learning Teachers with strengthened digital technology capacity

Impact Classification

C—Contribute to Solutions

What

Education technology can facilitate access to millions of lower/lower-medium-income students particularly during remote learning (due to COVID-19) and in remote areas

Risk

The poor often lack access to the internet and a computer/ tablet/ smartphone

Impact Thesis

Facilitate access of students to education during remote learning and in remote areas

Enabling Environment

Explore policy, regulatory and financial factors relevant for the investment opportunity.

Policy Environment

The impact of COVID-19 has focused attention on online learning platforms for schools and universities.

Ministry of Education has been piloting distance learning through lessons via television, a website and smartphone app

Financial Environment

Fiscal incentives: Sales tax and customs duty exemption for all services linked to software development, mobile applications, website portals, outsourcing, digital content and electronic games, IT training and e-learning.

Other incentives: Government lifted all minimum capital requirements for foreign investors eyeing the ICT sector

Marketplace Participants

Discover examples of public and private stakeholders active in this investment opportunity that were identified through secondary research and consultations.

Government

Ministry of Education, Ministry of Digital Economy and Entrepreneurship

Private Sector

Mawdoo3, Edraak, Abwaab and JoAcademy

Target Locations

See what country regions are most suitable for the investment opportunity. All references to Kosovo shall be understood to be in the context of the Security Council Resolution 1244 (1999)
country static map
semi-urban

Jordan: Countrywide

Educational solutions apply acraoss the country

References

See what sources were used to establish the investment opportunity’s data and find resources that could be consulted to explore more.
    • (1) Sustainable Development Report 2019.
    • (2) Department of Statistics, 2020, Unemployment Rate (http://dosweb.dos.gov.jo/19-0-the-unemployment-rate-during-the-second-quarter-of-2020/)
    • (3) Ministry of Education, 2018, Education Strategic Plan 2018 – 2022.
    • (4) Human Rights Watch,2017, Jordan: Secondary School Gap for Syrian Refugee Kids.
    • (5) Prime Ministry of Jordan. Official Reports. (2020). Available online at: http://www.pm.gov.jo/category/7603/?????.html
    • (6) Ministry of Education, Education Strategic Plan 2018-2022. 6a) Sarayreh, Raghad (2020). Using blended learning during COVID-19: The perceptions of school teachers in Jordan. Cypriot Journal of Educational Sciences. Volume 15. 6b) USAID (2020). Final Report: USAID/Jordan Gender Analysis and Assessment, page 8.