Botswana university deal Curro’s tertiary education entry
The private schools company acquires a 50% stake in BA Isago University in Botswana via its Embury subsidiary
Fast-growing private schools company Curro Holdings has taken its first steps to building a tertiary education platform. On Monday Curro announced the acquisition of a 50% stake in BA Isago University in Botswana for an undisclosed amount of money. The deal was executed via Embury, the Curro subsidiary that focuses mainly on teacher education in SA. The deal follows rumours that Curro is planning to start a private university in Namibia. BA Isago operates from four campuses — Gaborone, Fancistown, Serowe and Maun — and has four facilities covering education, arts and science, commerce and law and paralegal studies. It has about 3,000 students, but plans are afoot to expand facilities to double student numbers. Curro’s listed rival Advtech has a presence in the specialist tertiary education market in SA, owning brands such as Varsity College FLB, Oxbridge Academy, Rosebank College, Capsicum Culinary Colleges, The Design School Southern Africa and Vega. Curro CEO Chris van der Merwe s...
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