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October 16, 2025 | 2 days ago

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Initial public offering: INSAG Education Group's application reviewed

The Commission for the Organisation and Supervision of Stock Exchange Operations (COSOB) reviewed INSAG Education Group's application for an initial public offering during a meeting of the financial market's one-stop shop, the commission stated on Tuesday.

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This meeting was held on Monday at the Cosob headquarters, chaired by its president, Youcef Bouzenada, in the presence of representatives from all financial market stakeholders: the Algiers Stock Exchange, the Central Depository, stock market intermediaries, and approved promoters.

It was devoted to "examining the application submitted by INSAG Education Group, a major player in private higher education in Algeria, which has expressed its desire to open up its capital to the public through an initial public offering," the same source said, adding that this move "is part of an overall strategy of restructuring, financial transparency, and consolidation of the group's growth ."

 

Founded in Algiers over thirty years ago, INSAG Education Group comprises three subsidiaries with nearly 900 students enrolled in institutes specializing in management, marketing, finance, and technology.

Among these institutions is the IFAG Higher Institute, accredited by the Ministry of Higher Education and Scientific Research. The Group achieved a turnover of more than 250 million dinars in 2024, recording a fivefold increase in growth over the last five years, according to Cosob.

Through the planned IPO, the INSAG Education Group " aims in particular to raise new capital to finance the creation of new campuses in Oran and Constantine and strengthen its academic and digital infrastructure, notably through the development of online training and innovation laboratories," according to the press release.

October 16, 2025 | algeria-logo

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