African Edu Holdings

In brief

Africa Edu Holdings is a tertiary education company focused on developing a Sub-Saharan African tertiary institution network. Finnfund’s investment will support the group's existing and future operations.

Main development impact

The most significant development effect of the investment is increasing access to good-quality tertiary education in Sub-Saharan Africa.

Investment details

Name: African Edu Holdings
Project number: 80000004
Region: Africa
Country: Africa
Sector: Other sector
Signing date (month/year): July 2024
Currency: USD
Finnfund's financing (commitment): 2,000,000
Instrument: Loan
Size of the project financing: USD 2,000,000
Share of Finnfund's financing (%): 100 %
Status: Active
Website: https://maarifaeducation.com/

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Other investments

Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument
African Edu Holdings (Maarifa) Africa July 2019 USD 7,000,000 Equity
July

Key facts

Name:

African Edu Holdings

Sector:

Other sector

Region:

Africa

Country:

Africa

Currency:

USD

Finnfund's financing (commitment):

2,000,000

Signing date (month/year):

July 2024

Last update:

September 2024