Startups
Enko Ed Limited is the holding company of the Enko Group, whose mission is to develop and run affordable private K-12 schools in Africa and increase access in Africa to the world’s leading universities through high quality international education.
Enko Education has designed an innovative cost-effective model of secondary international schools, offering the International Baccalaureate (IB), providing the local students with a launchpad to the world’s best universities.
Enko Education’s mission is to increase access for African high-school graduates to the world’s leading universities through high quality international education. The company has designed an innovative cost-effective model of secondary international schools, offering the International Baccalaureate (IB), providing the local students with a launchpad to the world’s best universities.
The middle-class segment offers the largest potential for private education in Africa. There is a gap between low-fee private schools offering a national curriculum below USD 500 per month, and unaffordable international schools above USD 6,000. Enko Education is the only one that addresses this gap, making the IB accessible to Africa’s middle-class. Moreover, it offers scholarships to between 10 and 20% of its students to increase the access of those less well-off to outstanding international education. Enko Education builds local capacity by recruiting local teachers and training them intensively.
Enko currently operates 13 secondary schools, of which 6 have a primary school division, in 9 countries (Botswana, Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Mozambique, Senegal, South Africa and Zambia) and became in 2019 the biggest network of International Baccalaureate schools in Africa. The 3 latest schools opened in 2020 in Botswana and Zambia (January) and in Burkina Faso (September). The opening of this new primary school in Ouagadougou was supported by the last tranche of BIO’s loan
Due to the COVID-19 outbreak, all Enko schools were closed between March and June 2020 (included) and distant learning was introduced. A taskforce dedicated to COVID-19 was created immediately in order to define priorities for the schools: ensure the health of staff, implementation of distance learning execution plans, communicate with all stakeholders and secure liquidity by cutting down all non-vital expenses. Distant learning was successful, with an attendance rate of 60-85%. All students were able to finish their semester correctly, after proper assessments.
The emergency financing to Enko will help the company to cope with the crisis, in particular to cover the operational costs. This additional loan will serve to cover negative cash flows as well as to build a little cash reserve and will allow Enko to stabilize and consolidate its current business.
By 2025, Enko Education foresees to employ over 870 teachers, creating considerable employment effects.
Enko Education is providing a high-quality programme at a competitive price targeting the local population.
Enko Education offers high-quality education to the local population.
Enko Education has designed an innovative cost-effective model of secondary international schools, offering the International Baccalaureate (IB), providing the local students with a launchpad to the world’s best universities.
Enko Education’s mission is to increase access for African high-school graduates to the world’s leading universities through high quality international education. The company has designed an innovative cost-effective model of secondary international schools, offering the International Baccalaureate (IB), providing the local students with a launchpad to the world’s best universities.
The middle-class segment offers the largest potential for private education in Africa. There is a gap between low-fee private schools offering a national curriculum below USD 500 per month, and unaffordable international schools above USD 6,000. Enko Education is the only one that addresses this gap, making the IB accessible to Africa’s middle-class. Moreover, it offers scholarships to between 10 and 20% of its students to increase the access of those less well-off to outstanding international education. Enko Education builds local capacity by recruiting local teachers and training them intensively.
Enko currently operates 13 secondary schools, of which 6 have a primary school division, in 9 countries (Botswana, Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Mozambique, Senegal, South Africa and Zambia) and became in 2019 the biggest network of International Baccalaureate schools in Africa. The 3 latest schools opened in 2020 in Botswana and Zambia (January) and in Burkina Faso (September). The opening of this new primary school in Ouagadougou was supported by the last tranche of BIO’s loan
Due to the COVID-19 outbreak, all Enko schools were closed between March and June 2020 (included) and distant learning was introduced. A taskforce dedicated to COVID-19 was created immediately in order to define priorities for the schools: ensure the health of staff, implementation of distance learning execution plans, communicate with all stakeholders and secure liquidity by cutting down all non-vital expenses. Distant learning was successful, with an attendance rate of 60-85%. All students were able to finish their semester correctly, after proper assessments.
The emergency financing to Enko will help the company to cope with the crisis, in particular to cover the operational costs. This additional loan will serve to cover negative cash flows as well as to build a little cash reserve and will allow Enko to stabilize and consolidate its current business.
By 2025, Enko Education foresees to employ over 870 teachers, creating considerable employment effects.
Enko Education is providing a high-quality programme at a competitive price targeting the local population.
Enko Education offers high-quality education to the local population.
Overview
Location
South Africa, Gauteng, Sandton
Total raised
$1.4M
Investors 1
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Funding Rounds 1
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Mentions in press and media 8
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| Oct 14, 2020 | Top ten finalists announced for African Business Heroes programme | The ten finalists have been announced for this year’s African Business Heroes programme. The programme is part of the Africa Netpreneur Prize Initiative (ANPI) that was established by the Chinese investor and philanthropist, Jack Ma. The wi... |
| Oct 14, 2020 | Top ten finalists announced for African Business Heroes programme | The ten finalists have been announced for this year’s African Business Heroes programme. The programme is part of the Africa Netpreneur Prize Initiative (ANPI) that was established by the Chinese investor and philanthropist, Jack Ma. The ... |
| Jul 24, 2019 | South Africa’s Enko Education secures $1.4 Million Pre-Series B Funding | Enko Education, a network of African international schools based in Johannesburg, has secured $1.4m in pre-Series B funding. They plan to utilize the funding to develop their existing schools, open new ones, acquire more and also expand its... |
| South Africa’s Enko Education secures $1.4 Million Pre-Series B Funding | Enko Education, a network of African international schools based in Johannesburg, has secured $1.4m in pre-Series B funding. They plan to utilize the funding to develop their existing schools, open new ones, acquire more and also expand its... | |
| Enko Education, a South African company, has raised $5.8 million in a Series B funding round | Enko Education, a network of international schools based in South Africa, has closed a $5.8 million Series B funding round. Adiwale Partners led the funding round, which included the Steyn Capital family office, current institutional invest... | |
| Обзор технологических стартапов в образовании за последнюю неделю | Guild Education 0 Обсудить 60 просмотров Что стало известно об инвестировании в стартапы EdTech за прошедшую неделю В порядке возрастания привлеченных инвестиций. EdSARRTHI Наставничество для конкурсных экзаменов, таких как UPSC CSE Основан... | |
| Enko Education | “Enko Education is the largest International school network in Africa. Our ambition is embodied by our teams and reflected in all our schools.” |
Reviews 0
FAQ about Enko Education
How much funding has Enko Education raised?
Enko Education has raised $1.4M in total across 1 funding round.
What has the press written about Enko Education?
Parsers VC has collected 8 articles mentioning Enko Education, among them “Top ten finalists announced for African Business Heroes programme” (Oct 14, 2020) and “Top ten finalists announced for African Business Heroes programme” (Oct 14, 2020).
Is Enko Education still active?
Enko Education is probably closed: its latest activity on Parsers VC dates from Jun 6, 2022.