OMAI Invests USD4.5m for the Development of Two New Schools in South Africa
Source(s): OMAI
OMAI, through its Education Investment Impact Fund of South Africa, invested ZAR68m (~USD4.5m) for the development of two new schools in South Africa in partnership with education operator Edinvest. OMAI provided ZAR54m (~USD3.5m) in debt and ZAR14m (~USD900k) in equity, while Edinvest invested ZAR15m (~USD1m) in equity. Read more