Holged Tunisie

Tunisia Education

We are invested in Holged Tunisie through SPE Capital Africa Industrialisation Fund, which is managed by SPE Capital.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

Holged Tunisie is the leading operator of K-12 level education in Tunisia, owning and managing the International School of Carthage (‘ISC’), and with the ambition to build a group of schools across the country under the ISC brand name.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, North Africa
Countries:
Tunisia
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Education
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
SPE Capital Africa Industrialisation Fund
Fund Manager:
SPE Capital
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
September 2019
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Tunisia