ADvTECH acquires 9 new schools as it expands further into Africa
JSE-listed private education provider, ADvTECH has continued its expansion into Kenya and Uganda, with new acquisitions adding 9 schools, 5 campuses, boarding facilities and approximately 4,100 students to its portfolio.
The expansion follows the establishment of a new partnership with Scholé Ltd, which has managed various schools throughout Sub-Saharan Africa since 2012.
The partnership is part of a strategy to acquire schools across the continent and build a network of institutions known for their academic excellence in the mid-fee segment.
ADvTECH holds a majority stake, with the remaining shareholding held by the original founders of Schole International and Caerus Capital, a leading international education consultancy group.
In Kenya, ADvTECH is acquiring, subject to the fulfilment of conditions, the prestigious Makini group of schools. Makini is well-known for academic excellence in the region, has 8 schools on 4 campuses in Nairobi and Kisumu and caters to 3,200 students from kindergarten to Grade 12.
In Uganda, the partners will continue to manage Kisubi High School, a co-ed mid-fee boarding school in Kampala, which provides a child-centred learning experience for its more than 900 students.
Scholé has managed the school since 2015.
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