📋 Tender Overview
Sao Paulo, June 27, 2025-IFC is investing in Cogna Educacao S.A., one of the main private educational institutions in Brazil, to support the digital transformation of Krotons undergraduate and postgraduate activities, the companys Higher Education segment over the next three years. This investment will help expand access to high quality and accessible education throughout the country. IFC loan aims to increase undergraduate students engagement, reduce dropout rates and improve the overall quality of tertiary education, especially for low -income students. By focusing on the acquisition of skills, this investment seeks a transformative and inclusive agenda for young people, thus promoting the growth of Brazil. This initiative has great relevance to Brazil, where low labor productivity remains a major obstacle to sustained economic growth, especially in smaller cities and among the lowest income population. High quality and affordable education can substantially improve work productivity, better align skills with market needs, and increase job options. IFCs US 100 million loan linked to the national currency, for a period of six years, will support Cognnas efforts to modernize its technological architecture, improve its undergraduate learning platforms and expand access to hybrid and digital education models, especially to historically unattended regions and populations, benefiting millions of students. This loan reflects IFCs confidence in our management skills and our commitment to social responsibility. These resources will allow us to modernize our technological infrastructure, improve our higher education platforms and expand access to hybrid and digital learning models. Our goal is to offer a more integrated experience that meets the needs of our more than 1.2 million Higher Education students, Frederico Villa, a partner and CFO, said Cognna. Investing in quality education is essential to strengthen human capital and enable individuals to prosper and be productive in rapidly evolving economies. By collaborating with cogna, we are not only investing in the future of the educational sector in Brazil, but also facing significant challenges such as low work productivity and labor market skills maladjustments, said Manuel Reyes Retana, IFC regional director to South America. This project exemplifies IFCs dedication to using technology to improve access and quality in education, ultimately promoting economic growth and development in Brazil He added. Cogna is actively participating in the IFC pairs, equality in education and employment (E3), which brings together higher education institutions to promote gender equity in employment. Inclusion. Cogna has made commitments to strengthen its inclusion practices and expand opportunities for sub-reported groups as part of its participation in E3. To adopt similar strategies and promoting a broader innovation in the market. Cogna Educational Cogna is the largest educational services company, holding a complete portfolio of services and solutions to meet the needs of students in a personalized and flexible way. B2C and B2G, covering from basic education to postgraduate through the vertical Kroton, we are and know. Cogna meets more than 2.5 million students, being more than 1.2 million students in undergraduate and 1.5 million students through the 5,000 schools and partner institutions in basic education. - It is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, technical knowledge and influence to create markets and opportunities in developing countries.Finance of 2024, IFC has allocated a record value of US 56 billion for private companies and financial institutions in these countries, leveraging private sector solutions and mobilizing private capital to create a world -free world and a habitable planet. For more information, visit.
