CDC backs education group UNICAF

CDC backs education group UNICAF with $11.5mln

UNICAF, an Africa-focused provider of University-level programs, is receiving an $11.5 million equity investment from CDC, the UK’s development finance institution. University Ventures and Savannah Fund also participated in the round. As part of the deal, former CDC Board Member Jonathan Kydd, a development economist and higher education expert, joins UNICAF’s Board of Directors. The…

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