Kuraztech

Kuraz Technologies PLC is an Ethiopian edtech company that provides a learning management system through its platform, Kuraztech. Founded in 2020 by Biruk Mamo, Biruk Fekade, and Bisrategebriel Fisseha with an initial capital of 2.1 million birr, the company launched its online platform in September 2022. The founders scaled a previous free virtual lecture program called Kuraz Engocha, which was conducted on Telegram and a website, into the current platform. The name "Kuraz" is a tool once used as a lamp in Ethiopia, symbolizing the company's mission to illuminate Ethiopia's technology sector.

The company aims to address the lack of local language content in Ethiopia's education sector, making technology-related courses more accessible. It offers a wide range of video-based courses in local languages, primarily Amharic with plans to include Affan Oromo and Tigrigna, covering subjects from high school exam preparation to university-level topics, skill-oriented classes, and personal development. The platform serves university students seeking supplementary courses or career changes and also partners with content creators and instructors, allowing them to host courses and earn passive income.

Kuraztech's business model involves selling individual courses, with prices ranging from 200-300 birr, and a marketplace for tutors. It offers two payment models for its instructors: an hourly rate plus a percentage of course sales, or a higher percentage of sales without an initial payment. The platform supports multiple payment gateways, including Telebirr, Chapa, and PayPal, as well as direct bank deposits. In addition to courses, the platform has a feature for publishing and selling e-books, magazines, and other digital media.

Keywords: edtech, Ethiopia, online learning, learning management system, local language courses, professional development, skill development, Addis Ababa, digital education, e-learning platform, Amharic, Affan Oromo, Tigrigna, exam preparation, corporate training, educational content, instructor marketplace, passive income, digital literacy, secure e-book platform