New Investments
Sanari Capital Invests $4.4 Million in EduLife Group to Fuel Education Expansion Across South Africa
Sanari Capital, a private equity firm focused on African growth companies, announced an R80 million (approximately $4.4 million) follow-on investment in EduLife Group, a network of independent schools in South Africa.
This investment aims to fuel EduLife’s expansion plans across the country.
The funds will be used to solidify the company’s presence in its existing regions – Free State, Eastern Cape, and Western Cape – with the potential to enter Gauteng province as well.
Additionally, part of the funding will go towards increasing capacity at EduLife’s existing schools due to rising demand for affordable quality education.
“We’re thrilled to support EduLife Group’s ambitious growth strategy,” said Moushmi Patel, Partner at Sanari Capital.
“Our focus is on sustainable value creation, not just for investors, but for the communities we partner with. EduLife exemplifies this perfectly. Together, we’re providing accessible and relevant education to students of all backgrounds, achieving both growth and positive impact.”
“Our mission is to deliver inclusive, modern, and tailored education that empowers all students to flourish, reach their full potential, and prepare for the future,” said Hansie Engelbrecht, CEO of EduLife.
EduLife Group offers diverse and tailor-made educational programs catering to various economic backgrounds.
The company’s commitment to affordability makes it a valuable resource for families seeking quality education options.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Standard Chartered and BII Partner on $350 Million Agreement to Boost Trade in Africa and South Asia
Standard Chartered Bank and British International Investment (BII), the UK’s development finance institution, have signed a $350 million risk participation agreement aimed at supporting the trade finance needs of small and medium-sized enterprises (SMEs) and corporates in Africa and South Asia.
AfDB Backs Nigeria’s Digital Push with $200 Million to Deploy 90,000km of Fibre and Create 2.8 Million Jobs
The African Development Bank Group has approved a $200 million loan to Nigeria to support a major national programme aimed at expanding broadband infrastructure, improving digital skills, and creating jobs.
Nigeria’s Winich Farms Secures $3 Million in Pre-Series A Funding to Revolutionize Agricultural Supply Chain
Winich Farms, a Nigerian agritech startup, has announced the successful completion of a $3 million pre-Series A funding round aimed at addressing the challenges faced by smallholder farmers in Nigeria.