African Development Partners II Invests US$20 Million in Université Privée de Marrakech (MENA)

Source: Development Partners International

Africa-focused private equity firm Development Partners International will invest US$20 million in Morocco-based private university Université Privée de Marrakech (UPM). The investment, which will be structured through African Development Partners II, will be used to support UPM’s growth plans in Morocco and Sub-Saharan Africa. UPM provides undergraduate, graduate and doctoral degree programs in fields that include tourism, engineering, health sciences and sports management.