Abwaab acquires Egyptian edtech Eduact, its second Egyptian buy of 2026

AMMAN — Abwaab has acquired Eduact, the Egyptian SaaS for teachers and learning centres founded in 2020 by Adham Hamed and Ali Hisham. Terms were not disclosed. Wamda reports it is Abwaab’s second Egyptian acquisition this year, following Apex Education. Abwaab was founded in 2019 by Hamdi Tabbaa, Sabri Hakim and Hussein AlSarabi.

Undisclosed stays undisclosed. The pattern is disclosed enough: consolidation has arrived in MENA edtech, and the buyer is a Jordanian platform rolling up Egyptian products to move from consumer learning into business tooling for the educators who run the classes.

What it prices in: Egyptian software assets are cheap in dollar terms, and a regional distribution engine can reprice them. That is a repeatable playbook, and two acquisitions in a year says Abwaab intends to repeat it.

Who wins: Abwaab, which buys product and customers instead of building them; and Egyptian founders, who now have a regional acquirer to name in their exit slides. Watch for the third deal.

Source: Wamda