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Africa’s biggest company sees education as new growth market

Naspers plans to expand in education software as Africa's biggest company by market value searches for a repeat of the profitable bet it made on Tencent Holdings Ltd of China.

The owner of Africa's biggest pay-TV service is seeking to build on investments in US education-technology companies Udemy and Brainly that it made earlier this year, adding a new limb to a growth strategy that has taken the Cape Town-based company into Indian online retail and Russian social networks.

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