Fanisi Capital acquires stake in Kenya's St Bakhita Schools

Private equity firm Fanisi Capital bought a minority shareholding in Kenya's St Bakhita Schools for $2.5 million, according to a Business Daily report.

St Bakhita Schools, founded in 2003, is considered one of the best schools in Kenya and has expanded to several branches.

Fanisi Capital is a fund which makes direct investments in East African businesses with potential for substantial growth. Fanisi's other Kenyan education investments include Hillcrest International Schools and Kitengela International Schools.

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