We are honoured to have assisted The Sovereign Fund of Egypt (“TSFE”) with the structuring, negotiations and closing of this landmark transaction. Education and investment in human capital have always been the key priority in making a change in any community. As part of Egypt’s vision of transforming the school education system, TSFE is driving a revolutionary model for expedited scaling of high-quality education offerings at affordable prices for the underserved middle class across all governorates.

“We strongly believe in the role of the Sovereign Fund of Egypt in creating wealth to future generations by building sustainable business models that serve the well-being of the Egyptian people and support the development and growth aspirations of all Egyptians in a manner that ensures the integration and bolstering of private investments,” said Ragy Soliman, Adsero Managing Partner.

“The partnership between the Sovereign Fund of Egypt and the prominent and successful education investors at CIRA and El Sewedy Capital confirms the business viability of the new model and promises imminent future scaling with all industry players” added Mohamed Abdelgawad, Adsero Partner heading general corporate, commercial and regulatory practice.

For more information, you can check Ministry of Planning, and Economic Development coverage here.