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Africa50 Announces Agreement to Invest in Holged Group

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  • Africa50’s funding in Holged Group, a number one supplier of main and secondary training in Morocco and Tunisia, will assist the growth of Holged’s community of faculties throughout Africa.

Casablanca, 5 October 2022. Africa50, the pan-African infrastructure funding platform, has entered into an settlement to put money into Holged Group (Holged) topic to approval by Morocco’s Competitors Council. The funding will additional speed up the growth of Holged’s community of faculties throughout Africa.

Holged has constructed a status for excellence, with high-quality educating and serving greater than 16,000 college students in its 16 campuses throughout Morocco and Tunisia. Since commencing operations in 1986, Holged has recorded exceptional success in offering entry to high quality main and secondary training that caters to a number of market segments via its varied group of faculties reminiscent of El Yassamine and Al Jabr in Morocco, and ISC in Tunisia.

Ahmed Benyahia, CEO of Holged, commented “We’re very proud to have Africa50 amongst our shareholders and strategic companions. This partnership will undoubtedly enable us to speed up our improvement within the area, to consolidate our management and keep a dynamic motion within the service of our ecosystem, alongside a number one continental funding platform”.

“We’re happy to collaborate with a accomplice that has a protracted observe file of educational excellence”, mentioned Raza Hasnani, Managing Director, and Head of Infrastructure Investments at Africa50, including “This partnership is aligned with our group’s technique to increase its funding scope to social sectors that generate important improvement affect whereas delivering engaging funding returns”.

About Africa50:

Africa50 is an infrastructure funding platform that contributes to Africa’s development by growing and investing in bankable tasks, catalysing public sector capital, and mobilizing personal sector funding, with differentiated monetary returns and affect. Africa50 at present has 32 shareholders, comprised of 29 African nations, the African Growth Financial institution, the Central Financial institution of West African States (BCEAO), and Financial institution Al-Maghrib. For extra data, go to: www.africa50.com.

About Holged:

Based in 1986, Holged is a number one Ok-12 training group with over 15,000 college students throughout 4 college manufacturers (notably, Ecoles Yassamine, Jouri, Al Jabr in Morocco and ISC in Tunisia) and 16 campuses. Over the previous few years, Holged has established itself as one of many main personal training group in Morocco and Tunisia, on the again of a continued natural development in addition to profitable acquisitions each in Morocco and Tunisia, go to (Ecoles Al Jabr, Ecoles Yassamine, ISC Tunisia).

Media Contacts:

Africa50: Nana Boakye-Yiadom, Senior Communications Coordinator, Tel: +212666166308, [email protected]

Holged: Fatima Zahra Rahmouni, Director of Communications, Tel: +212665767462, [email protected] 

Class: Press Launch

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