Wednesday, September 3, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Africa

South Africa’s Enko Education secures $1.4 Million Pre-Series B Funding

Tech Gist Africa by Tech Gist Africa
07/24/2019
in Africa, Africa News, News
0 0
1
South Africa’s Enko Education secures $1.4 Million Pre-Series B Funding
0
SHARES
Share on FacebookShare on Twitter

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 school operator model.

The school network first received an equity investment from Proparco and I&P equity investments, in August 2016. They also received a $1.1 million in credit facility from Oikocredit and Bio Invest in 2017.

The $1.4 million fund investment was raised from institutional and private investors. LiquidAfrica, an investment bank also assisted in the investment round. Enko is currently targeting to raise $11 million later this year, for the second round of its Series B.


See also: OPay Secures $50m Funding to Further Deepen Services in Nigeria


Mr. Eric Pignot, founder and CEO of Enko Education, said the funding concludes the first stage of their Series B, which will continue later in the year. These funds according to him, will grant them the opportunity to reach 60 schools and 20,000 students by 2026.

Enko Education is currently operating 14 international schools in 8 African countries. Since the inception of Yaoundè in 2014, the group has grown a network of over 2,000 students from primary to secondary sections.

The groups students benefit from quality education. They also get personalized counselling in their University applications.  Enko Education is the largest network of African schools offering International Baccalaureate programs.

 

More on TechGist Africa:

  • Oracle Appoints David Bunei as new Managing Director for Kenya
  • Why Telkom Subscribers are Kicking against Its new Roaming Partner
  • Huawei says its Hongmeng OS will not Replace Android
  • YouTube Releases Updates for Premium Subscribers
  • Visa Acquires New Payment Gateway Payworks
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Holo Fintech UAE
Funding

Holo Secures $22M Series A to Revolutionize Homeownership in UAE and Saudi Arabia

by Tech Gist Africa
09/03/2025
0

Holo, a fintech platform transforming the home-buying experience in the UAE, has closed a $22 million Series A funding round,...

Read more
GITEX Nigeria 2025

GITEX Nigeria 2025: A Landmark Event for Africa’s Digital Future

09/01/2025
Agriculture Africa

Ghana to Become Africa’s First AI-Powered Agricultural Hub with $100M Japanese Investment

09/01/2025
Munify Egypt

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

09/01/2025
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
Next Post
Farmcrowdy unifies subsidiaries

Farmcrowdy unifies all Business Subsidiaries

motorcycle hailing startups to pay licence fee

Lagos State to Slam All On-demand Motorcycle Startups with N25 Million Annual License Fee

Interswitch set to List on NSE and LSE, Plans to Raise $1 Billion

Interswitch set to List on NSE and LSE, Plans to Raise $1 Billion

Comments 1

  1. Pingback: GreenTec Capital partners Senegalese Government to Fund Entrepreneurs with up to €500,000 | NAIJA NEWS AGENCY
No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.