The African Development Bank (AFDB), the Academy for Scientific Research and Technology (ASRT), and Egypt’s entrepreneurial development project “Tanmia wa Tatweer” have all invested in Egypt-based online legal education startup Kouncel, in $1.2 million pre-Seed round led by Zaldi Capital. The whole cash raised will be divided into two parts: $280,000 in banknotes and the remainder in in-kind services.
“Education forms a key part of Egyptian Economic Vision 2030, and law plays an important role in creating a healthy environment for businesses and pushes FDIs forward. and we aim to provide a highly sophisticated education experience to everyone in the legal field which will positively impact the ecosystem,” said Ibrahim Saleh, founder and CEO of Kouncel. “Legal education has never been easier — discover various topics in the legal field and master law with Mena’s top counsels.”
A Look At What The Startup Does
Kouncel is an online video education platform for lawyers founded in 2022 by Ibrahim Saleh. It offers classes on areas such as arbitration, legal drafting, and intellectual property depending on different jurisdictions.
Kouncel is Mena’s first online legal education platform, designed to provide lawyers and businesses in the Mena region with a unique training experience based on their various jurisdictions. Kouncel.com’s initial goal was to reach thousands of students, but it quickly grew to include premium customized courses for individuals and businesses in Egypt and the Gulf area.
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The portal offers a variety of weekly learning sequences in areas such as arbitration, legal drafting, corporate law, intellectual property, banking and non-banking law, and law for entrepreneurs. Each learning sequence is made up of short films interwoven with interactive learning exercises that allow students to put what they’ve learned in the videos into practice right away. Tutorial videos, which are analogous to small on-campus discussion groups, an online textbook, and an online discussion forum where students can submit and review questions and comments to each other and teaching assistants are all common features of the courses.
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Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer