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Eversheds Sutherland advises Dubai Investments on its direct investment into Africa Crest Education Holdings

  • UAE

    16-03-2018

    Eversheds Sutherland has advised Dubai Investments PJSC (DI) on its direct investment into Africa Crest Education Holdings (ACE).

    ACE was established in 2016 as an investment company promoting quality education across the African continent, through the development of SABIS® operated schools, with an initial target pipeline of projects in Kenya, Egypt, South Africa, Uganda and Morocco. Dubai Investments will join founding investors Investbridge Capital (IBC), Centum and SABIS in the project.

    The Eversheds Sutherland team was led by UAE based partner Zeid Hanania, principal associate Hani Nassef and associate Ramzi Noursi with support from South Africa based partners Tanya Pollak and Venashrie Mannar.

    Zeid Hanania commented: “We are very pleased to have advised DI on this exciting transaction which demonstrates the continued growth of investment activity in the education sector as well as the use of Dubai as a hub for investments into Africa.”

    For more information contact

    Zeid Hanania, Partner

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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