Kibo Capital invests in Mozambican education group
Private equity firm Kibo Capital Partners has acquired a majority stake in a Mozambican tertiary education group, Transcom S.A. This marks Kibo’s eleventh and final deal from its second fund.
The capital will go towards the construction of a new campus enabling the university to broaden its course offering and address the current capacity constraints. Transcom offers courses across engineering and business management areas. The university is seen as the leader in the Mozambican private education segment in the area of engineering.
Transcom was founded in 1998 by five reputable shareholders, comprised of both private and public Portuguese and Mozambican companies.
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