The African private tertiary education space is hotting up. Last week global investment firm Actis showed its intention to capitalise on the potential growth of private education in Africa with the launch of its Honoris United Universities, a Pan-African investment vehicle targeting tertiary opportunities. This followed a decision by Actis, which has been investing in African private education since 2014, to make a strong foray into the South African market through the acquisition of distance learning specialists the Management College of Southern Africa (Mancosa) and the Regent Business School for an undisclosed sum. Actis kicked off its African education ventures in late 2014 when it made an investment in Université Centrale Group, a post-secondary-education group in Tunisia. In 2016, the platform expanded to Morocco, creating a Northern African hub through its investment in Université Mundiapolis. Coinciding with the acquisition of Mancosa and Regent was the announcement that Act...
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