# Enko Education

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/enko-education

- Industry: Education/Training
- Headquarters: Johannesburg, South Africa
- Website: www.enkoeducation.com
- Total disclosed funding: $10M
- Latest round: Series B (May 30, 2022)
- Investors on record: 5

## About

Enko Education is a South African company providing high-quality international education through a network of African International Schools, enabling students to access prestigious universities globally.Founded in 2013 and headquartered in Johannesburg, South Africa, Enko Education operates a network of African International Schools. The firm was co-founded by Cyrille Nkontchou and Eric Pignot, who also serves as CEO. The company has successfully completed 7 deals, with the latest funding round occurring on January 22, 2025. Enko Education raised USD 24.00 mn in this round, led by Africa Capitalworks, with participation from Adiwale Partners. The total amount raised to date is USD 24.00 mn.Enko Education specializes in providing high-quality international education through its network of African International Schools, designed to facilitate access to prestigious universities worldwide. The firm offers an inclusive curriculum following the International Baccalaureate (IB) framework, combining academic rigor with personal development. With 14 schools across nine African countries, including South Africa, Cameroon, Ivory Coast, and Senegal, Enko Education promotes both local cultural identity and global competencies among its students.Enko Education generates revenue primarily through tuition fees paid by families enrolling their children in its schools. The company operates a direct-to-consumer model, with parents making payments on an annual or semester basis. Its flagship IB curriculum is positioned as a premium offering, reflecting the firm’s commitment to high standards and successful university placements. Additional revenue may come from partnerships with educational institutions, although specific details on financial arrangements are not disclosed.In January 2025, Enko Education raised USD 24.00 mn in venture funding led by Africa Capitalworks, which will be used to expand across the African continent. The company aims to strengthen its existing market presence while entering promising new countries. Specific target markets for expansion have not been disclosed, but the funding underscores a strategic move to enhance its educational offerings and reach.

## Funding rounds

- Series B, May 30, 2022, $5.8M — Proparco, I&P, Adiwale Partners, LiquidAfrica Holdings (Pty) Ltd, Steyn Group
- Series A, Aug 2, 2018, $2.2M — Proparco, I&P
- Series A, Aug 1, 2016, $2.2M — Proparco, I&P

## Investors

- Proparco (https://capitalatlas.ai/funds/proparco) — Series A, Series B
- I&P (https://capitalatlas.ai/funds/i-p) — Series A, Series B
- Adiwale Partners (https://capitalatlas.ai/funds/adiwale-partners) — Series B
- LiquidAfrica Holdings (Pty) Ltd — Series B
- Steyn Group — Series B