NAIROBI, Kenya, Apr 4 – Makini Schools has been acquired by Schole Limited, a UK-based education firm, through a joint venture with South Africa’s ADvTech and Caerus Capital.
Makini founder, Dr. Mary Okelo, says Schole will introduce experienced international standards with the aim of making Makini Schools centres of excellence.
“Schole is a reputable organization that has experience in the education sector in different parts of Africa. With the support of the Advtech Group they have undertaken to give new impetus to the Makini Schools by ensuring that children benefit from an enhanced quality of education and facilities. Makini will be continuing with the Kenyan curriculum,” said Okelo in a letter to parents.
The 40-year institution has over 3,000 students in eight schools spread across four campuses in Nairobi and Kisumu.
In a statement, Schorle said its schools combine academic excellence with a commitment to developing the whole child through high-quality pastoral support and rich co-curricular programmes.
Advtech, a JSE-listed private education provider with over 100 schools in South Africa and Botswana, holds a majority stake in the joint venture that is acquiring Makini.
It’s Chief Executive, Roy Douglas, told a South African publication that the company will continue to grow its mid-fee offering by ensuring that they find the “right business partners.”
Advtech and Makini will also jointly manage Uganda’s Kisubi High School as well as continue looking for investment opportunities in the region.