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September 4, 2023

Ä¢¹½ÊÓÆµ»ÆÆ¬ signs MoU with AfricInvest

Ä¢¹½ÊÓÆµ»ÆÆ¬ has entered into a Strategic Investment Agreement with AfricInvest, a prominent pan-African private equity firm. Under this agreement, US$40 million will be invested to support the University's expansion and transformation plan.  

The signing ceremony took place at the premises of the Ministry of Higher Education and Scientific Research, graced by the presence of its esteemed Minister, HE Professor Mohamed Ayman Ashour. The signatories to the agreement were Ms Farida Khamis, Chair of the Board of Trustees at Ä¢¹½ÊÓÆµ»ÆÆ¬, Professor Mohamed Loutfi, President and Vice-Chancellor of the University, and Mr Ismail Talbi, Senior Partner and Managing Director of AfricInvest Egypt. 

At the core of this investment endeavour lies the fundamental objective of enhancing the learning experience for our students. This will be achieved through the design and delivery of innovative research and development initiatives, as well as the implementation of modern, cutting-edge educational technologies and methods. It will enable the University to provide students with a world-class education and the skills they need to succeed in the modern world. This agreement is a milestone that will significantly contribute towards achieving this goal, ensuring that our University continues to be a prominent institution not only in Egypt but also in the wider region.