Old Mutual Private Equity has agreed to acquire a majority stake in pan-African higher education network Honoris United Universities, marking an exit for Actis.
Target Information
Honoris United Universities is a prominent pan-African higher education network that operates multiple institutions across several countries on the continent. The organization aims to enhance educational access and quality by offering a diverse range of programs specifically tailored to meet the demands of the African job market.
Founded with the vision of providing high-quality education, Honoris has accelerated its growth through strategic partnerships and innovative educational methodologies. The network primarily focuses on the sectors of business, technology, and health sciences, thereby aligning its offerings with the dynamic needs of African economies.
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Industry Overview
The higher education sector in Africa is witnessing a significant transformation, driven by increasing demand for skilled professionals and a rising youth population
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Old Mutual Private Equity
invested in
Honoris United Universities
in
in a Buyout deal