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TPG makes debut Africa investment

Image Credit: Wall Street Journal

TPG joins the ranks of U.S. private equity firms making investments in Africa by spending $25 million in partnership with Mohammed Ibrahim’s Satya Capital for a minority stake in Ecoles Yassamine, a chain of private schools in Morocco.  Six thousand students attend Ecoles Yassamine’s schools in Morocco, a number that is expected to grow as the company expands by acquiring more schools in the country and other countries in the region.

Read more at the Wall Street Journal…

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  1. Kaberuka joins TPG/Satya as Senior Advisor | Africa Capital Digest

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