Actis announced today, 11 July 2017, a major pan-African higher education initiative – Honoris United Universities (www.Honoris.net).
Honoris United Universities is the first African private higher education network bringing together the leading tertiary education institutions in North and Southern Africa for the first time.
Honoris United Universities will harness the collaborative intelligence and the pioneering efforts of these institutions to educate Africa’s next generations of leaders and professionals.
Actis began with beacon markets in Francophone Africa. In December 2014, it made an investment in Université Centrale Group, the leading post-secondary education group in Tunisia. In 2016, the platform expanded to Morocco, creating a Northern Africa Hub through its investment in Université Mundiapolis. Mundiapolis is renowned for its international approach and focus on employability.
Actis announces a further commitment to Francophone Africa through an investment, subject to regulatory approvals, in EMSI, Ecole Marocaine des Sciences de l’Ingénieur the largest private institution in Morocco and the leading private engineering school.
Actis is today also announcing the expansion of Honoris United Universities to South Africa, an important Anglophone beacon market that will anchor the platform in Southern Africa.
“I am proud to introduce Honoris United Universities, a unique platform providing international quality education. It is rooted in the vision of the founders of the member institutions. Aware of the vital need for their communities to develop human capital, they have each worked for decades to build relevant and demanding academic models with the dual objectives of developing the employability and the life skills of their graduates. We believe our key values – collaborative intelligence, mobility and agility – unite us in the purpose of securing a successful impact for our students, their families and their communities,” says Luis Lopez, Honoris United Universities CEO.
“Actis has been operating in Africa for over seven decades. Through the businesses in which we invest we employ over 100 000 people. We understand not only what students are looking for in terms of quality and access but what their prospective employers are looking for when they graduate. Businesses are looking for applicants with internationally accredited levels of education. Employers in Africa have ambitions across the continent and beyond – they need candidates with global perspectives but who understand the diversity of Africa and their local markets and can demonstrate the skills to operate successfully,” says Rick Philips, Actis Partner.
“We have developed extensive domain knowledge in the education sector by backing the trend for emerging market consumers to secure their own and their children’s future quality of life by investing in their education. This has given us the credibility and experience to identify and to work with world class institutions to support their growth ambitions. We are absolutely thrilled to expand our partnership with Université Centrale and Université Mundiapolis to MANCOSA, REGENT and EMSI – three incredibly impactful market leaders,” says Hichem Omezzine, Actis Co-Lead Global Education Sector.