US$219,530,000+
*Data updated daily at 18:00 EAT
Enko Education, a leading African international schools network, has raised USD 24 M in equity funding, led by Africa Capitalworks (ACW) with continued support from Adiwale Fund I. The investment will fuel the group’s acquisition strategy, aiming to triple its student body to 20,000 learners by 2029.
Founded in 2013 by Eric Pignot and Cyrille Nkontchou, Enko Education focuses on increasing access to world-class university pathways for African students. With 16 schools in 10 countries, the network has educated over 7,000 students and boasts more than 1,700 graduates admitted to top universities like Yale and Sciences Po.
The new funding will drive acquisitions of schools aligned with Enko’s African International School of Choice model, which emphasises quality, global university preparation, and maintaining local identities. Recent acquisitions exemplify its growth strategy.
ACW’s investment supports Enko’s goal of consolidating Africa’s fragmented K-12 market, while Adiwale Fund I reaffirms its commitment to fostering education in West Africa. “This partnership accelerates our mission to expand access to quality education for African learners,” said co-founder Cyrille Nkontchou.