How the Respublica group is improving access to affordable student accomodation in south Africa
published in February 2024
With almost 10,500 beds spread over 9 campuses, Respublica group is one of South Africa’s leading student accommodation providers. Its residences are renowned for the quality of their buildings, their affordability and the range of additional services provided through the dedicated Res Life Program.
To partner its expansion, Proparco along with IFC and Bopa Moruo Private Equity – together with RMB Ventures via Bopa Ventures – completed a combined equity investment of 516 million rand (approximately USD 36 million) in 2022. This deal will enable Respublica to add almost 9,000 new beds on campuses across the country by 2028 (including 5,000 from 2025).