Actis, the private equity firm that has over $3 billion in investments across Africa, is investing an undisclosed amount in Mundiapolis University. The investment will support the private Moroccan university’s plans to expand its offering, accelerate its internationalization and strengthen its contributions to the African continent.
Mundiapolis was established 20 years ago, initially offering degrees in business, law and engineering. Since then it has emerged as one of Morocco’s leading institutions of further education, offering 38 accredited degree programs earning some of the highest academic credentials in region. The University is based in Casablanca and has a strong international profile with 30% of its enrollment coming from a range of foreign countries.
Commenting on the investment, Hichem Omezzine, a Director at Actis said “Mundiapolis has a proven track record in the provision of quality education and is well positioned to educate the next generation of African professionals and leaders. The Actis investment will bolster Mundiapolis’s quality proposition, cementing its position as a leader in the provision of African education.”
Actis has extensive domain knowledge in the education sector and has backed education businesses in growth markets to the tune of almost $400 million in recent years, capitalizing on the trend for emerging market families to secure their own and their children’s future quality of life by investing in their education.