The Abraaj Group, a leading investor in global growth markets, has partnered with Tiba Group, a leading education service provider in Egypt, to focus on enhancing Tiba’s curricula and brand to improve enrolment, facilities and job placement services.

Tiba operates across three verticals and through seven educational institutions in Egypt, serving approximately 20,000 students. The Group also announced the formation of an Education Management Company that provides management support services to educational institutions in Egypt.

Abraaj invests in resilient sectors such as education, and Tiba marks Abraaj’s second investment in the education sector in Egypt, and its fifth globally. In 2014, Abraaj announced its investment in CIRA, the largest K-12 private schools group in Egypt with over 20 owned and operated schools under the widely recognized ‘Future Schools’ brand.

The education sector in Egypt is experiencing rising demand, driven by favourable demographics and a growing aspirational population keen to invest in high quality education for their children. Egypt is the most populous nation in the Mena region with a population of 87 million, and as evidenced by its current academic year, there are over 20 million enrolled students nationwide, 18.3 million of whom are in K-12 schools.

Ahmed Badreldin, partner and regional head of Mena for the Abraaj Group, said: “Our collaboration with Dr Seddik Afifi and Tiba represents a unique partnership with Egypt’s leading education group who share our vision of providing high quality, relevant and accessible education to a growing student body in Egypt. We look forward to applying our global experience in the education sector to expand the company into new markets and augment quality and educational standards for the benefit of students, faculty and parents.”

Dr Seddik Afifi, founder of Tiba Group, said: “Affordable, accessible and high quality education should be the right of every child as it is the single greatest catalyst to growth and holistic development.”

“The Tiba Group has been single minded in the achievement of this goal for the past 25 years and today we are delighted to announce our partnership with Abraaj who share our vision for excellence in education.  We are confident that their sector experience, global platform and unique operating skills will enhance our offerings and enable us to offer a greater value proposition to our students,” he added. – TradeArabia News Service