Africa’s education sector continues to attract strong investor interest, with several notable transactions recorded across the continent over the past 12 months. Below are five key deals recently featured in Africa Private Equity News’ Dealmaker’s Log, a database tracking investment, exit, and fundraising activities.
1. Sanlam Private Equity Acquires Stake in Boston City Campus (South Africa)
Sanlam Private Equity, through its SPE Mid Market Fund I, has acquired a significant stake in Boston City Campus, a leading South African higher education and distance learning institution.
Boston operates 47 support centres nationwide, providing ICT infrastructure, registration, and academic support — particularly in areas underserved by traditional universities.
2. Africa Capitalworks Invests in Enko Education
Africa Capitalworks announced an investment in Enko Education, a network of K-12 (primary and secondary) schools founded in 2013.
The partnership supports Enko’s buy-and-build strategy to consolidate Africa’s fragmented private K-12 education market, expanding access to quality international-standard schooling.
3. TLG Capital Partners with Development Bank of Kenya to Back Ark Group
TLG Capital, a private credit fund focused on sub-Saharan Africa, partnered with the Development Bank of Kenya to provide $6.5 million in funding to Ark Junior School and Playstreet Kindergarten, collectively known as the Ark Group.
The Nairobi-based network currently operates two schools in Nairobi and one in Kitengela, serving more than 850 students.
4. Proparco and Admaius Capital Partners Support Senegal’s Saint Christopher Iba Mar Diop Medical School
French development finance institution Proparco and Admaius Capital Partners have invested in Saint Christopher Iba Mar Diop Medical School in Dakar, Senegal.
Founded in 2003, the institution has become one of the largest private medical schools in francophone Africa, with over 2,000 students enrolled in medicine, pharmacy, and dentistry programmes.
5. Old Mutual Private Equity Acquires Majority Stake in Honoris United Universities
Old Mutual Private Equity (OMPE), a division of Old Mutual Alternative Investments, has acquired a majority stake in Honoris United Universities, a pan-African private higher education group.
The transaction marks the exit of Actis, which had previously held a controlling interest in the company.
The recent deals highlight a growing appetite among investors for education-focused assets across Africa — driven by rising demand for quality learning, scalable delivery models, and the continent’s young and expanding population.
To access the full Dealmaker’s Log — a monthly database of African private equity and venture capital transactions.
EduTimes Africa, a product of Education Times Africa, is a magazine publication that aims to lend its support to close the yawning gap in Africa's educational development.
