At a Glance
- ADvTECH opens Ghana campus as valuation nears $1 billion, enrolment tops 100,000 across Africa
- New Accra campus offers diplomas to doctorates in high-demand business and tech fields.
- Ghana expansion supports ADvTECH’s goal of becoming Africa’s leading private tertiary network.
ADvTECH Ltd., Africa’s largest private education provider, has launched its first tertiary institution outside South Africa with the opening of Rosebank International University College (RIUC) in Accra, Ghana. This milestone marks a key step in the company’s continental expansion as it approaches a $1 billion valuation.
Currently ranked as the 88th most valuable stock on the Johannesburg Stock Exchange (JSE), ADvTECH holds a market capitalization of R17.2 billion ($967.17 million), representing approximately 0.077 percent of the JSE’s total equity market.
The new campus, located in Accra’s upscale Airport Residential Area, will begin student registrations on June 15, 2025, with academic programmes commencing September 1.
RIUC has secured accreditation for 15 qualifications in high-demand fields including Business Administration, Digital Marketing, Information Technology, Service Management, and Hospitality. Programmes will span from diplomas to doctoral degrees.
ADvTECH eyes West Africa in cross-border expansion push
The move into Ghana signals a bold step in ADvTECH’s strategy to build a pan-African education network. The group, which already operates in Kenya, Botswana, and Ethiopia, is leveraging its successful Rosebank College brand to serve Ghana’s vibrant private tertiary market—home to more than 120 accredited institutions within a broader ecosystem of roughly 145 universities.
“We are delighted to launch our highly successful Rosebank International brand in Ghana, expanding our tertiary education footprint outside South Africa for the first time,” said Geoff Whyte, CEO of ADvTECH Group. “We look forward to delivering the superior academic outcomes and excellent student experiences we are known for in South Africa in Accra.”
In the 2024 fiscal year, ADvTECH’s revenue rose 8 percent year-on-year to R8.52 billion ($479.1 million), with profit up 15 percent. Free operating cash flow before capex grew 20 percent to R1.52 billion ($85.46 million), achieving a cash conversion of 132 percent of annual profit.
Ghana debut deepens regional footprint as ADvTECH scales
The Ghana launch extends the group’s tertiary division, which includes IIE Rosebank College and spans nine brands across 34 campuses. The new RIUC campus is designed with advanced student support infrastructure, including academic advisory services, digital and financial literacy programmes, and facial recognition security systems.
With rising demand for globally competitive academic programmes in West Africa, ADvTECH’s entry into Ghana positions it to serve an education market increasingly aligned with private sector investment. The company is also seeking full university status for RIUC, further enhancing its appeal to local and international students.
ADvTECH edges toward $1 billion valuation as student enrolment tops 100,000
The Ghana launch comes as ADvTECH posts strong enrolment growth, recently crossing the 100,000-student mark across its network. Strategic investments in digital infrastructure, campus development, and cross-border expansion continue to drive shareholder value, with the group steadily advancing toward a $1 billion valuation on the Johannesburg Stock Exchange.
Founded in 1993, ADvTECH is Africa’s largest private education provider, operating more than 118 institutions—including leading brands like Crawford International and IIE Rosebank College—across both basic and higher education segments in multiple African countries.
Under the leadership of CEO Geoff Whyte, the group has prioritized academic quality, geographic diversification, and operational scale to strengthen its position in Africa’s rapidly evolving private education landscape.
The Ghana expansion reinforces ADvTECH’s ambition to redefine tertiary education across the continent, blending localized expertise with the academic standards that underpin its South African success.
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