AfricInvest, Tunisian businessman acquire majority stake in ISGA

MOROCCO – Private Equity firm AfricInvest has announced that it has made a new investment in Morocco’s education sector. The investor has acquired jointly with the Tunisian businessman Tawhid Chtioui, 80% of the Moroccan Higher Institute of Applied Engineering (ISGA). Shares were acquired from the Diouri family which was until now the majority shareholder of the ISGA group. The operation…

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