Enko Education, a South African-based network of international schools, has completed a Series B funding round with a total amount of $5.8 million.
The funding round was led by Adewale Partners, and it included significant players in international education and African entrepreneurship. Liquid Africa, Investisseurs et Partenaires , Current institutional investors Proparco and Steyn Capital family office were also participants.
The international education offered by Enko Education schools is of a very high standard. It emphasizes African culture while also providing students with the opportunity to earn an International Baccalaureate diploma.
By the year 2030, there will be 750 million adolescents living in Africa who are of school age; Enko Education is working to ensure that these students are exposed to the world’s top universities. Enko Education hopes to assist students from African countries in realizing their full academic potential by providing access to some world-class universities.
Enko Education’s long-term goal is to establish itself as Africa’s preeminent provider of international educational opportunities. The organization has racked up a significant amount of experience in establishing and managing educational institutions across the continent. According to Eric Pignot, the company’s founder and CEO, “Enko Education has become the first network of schools on the African continent to offer the International Baccalaureate program.”
Real estate developers, non-governmental organizations (NGOs), and individuals can benefit from our ability to build, acquire, and operate schools with national and international programs.
They will channel the newly acquired funds toward expanding the number of students participating in the network; the target is to reach 10,000 by 2025.