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Oasis Capital Ghana Makes First Exit

Staff writer
Oct. 16, 2023, 5:54 p.m.
2062

Word count: 256

Oasis Capital Ghana, an SME growth equity investor in West Africa, has announced the successful exit of its holdings in Legacy Girls College (LGC), aan educational institution based in Ghana catering exclusively to female students.

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Oasis Capital Ghana, an SME growth equity investor in West Africa, has announced the successful exit of its holdings in Legacy Girls College (LGC), aan educational institution based in Ghana catering exclusively to female students.

This achievement marks a significant milestone as it represents the first complete exit from the Oasis Africa Fund I. 

Matthew Boadu Adjei, Chief Executive Officer at Oasis, said: "During the investment period, we have supported the promoters in actualizing their vision for the school. We have helped strengthen corporate governance and significantly expanded both digital and physical infrastructure, all of which are critical for sustained business success.” 

“We are proud of the school's strides in the past five and a half years, and we look forward to their continued success".

Starting operations in 2015, LGC has firmly established itself as a respected name in the education sector in Ghana, fulfilling its commitment to empowering young women to become ethical and dynamic leaders. 

Throughout the partnership with Oasis, the school has experienced remarkable growth with the student population having grown more than ten-fold. 

The institution has also chalked success with student academic results in both WASSCE & Cambridge curricula, and with its community engagement.

 The Founders of the school, Dr. Mrs. Ellen M Hagan & Mrs. Essie Anno Sackey, highlighted: “Our partnership with Oasis Capital, enabled us to expand Legacy Girls’ College to reach a critical mass rapidly. We are indeed very grateful for this assistance, received in a timely manner, which was required to aid the growth of the school.”

 

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