Globeducate to acquire a majority stake in International Education Group from Tana Africa Capital.

Globeducate, an education provider with 55+ premium bilingual and international schools, agreed to acquire a majority stake in International Education Group, an international network of institutions schools of excellence ranging from kindergarten to high school, from Tana Africa Capital. Financial terms were not disclosed. "We are delighted to partner with Saham to continue the development of IEG. We look forward to collaborating with all the teams of the IEG network in order to continue to offer an education of excellence to all of his community. This is an exciting development for both Globeducate and IEG. THE schools in the IEG network will benefit from access to world-renowned educational experts, exciting learning experiences and state-of-the-art teaching platforms technology," Luca Uva, Globeducate CEO.