The Abraaj Group Invests US$100 Million in Egypt-based Tiba Group (MENA)

Source: The Abraaj Group, Infrastructure Investor  |  Author(s): Chase Collum

Global growth markets investor The Abraaj Group has invested a reported US$100 million in Egypt-based education service provider Tiba Group. The transaction was structured through Abraaj North Africa Fund II. The company will use the funds to enhance its curricula, upgrade its facilities, increase enrollment and expand its partnerships.