Enko Education Secures $46 Million to Expand Pan-African School Network

Enko Education, a pan-African network of international schools, has secured $46 million in financing to fuel its expansion across sub-Saharan Africa. The funding, announced on February 17, 2026, includes a $22 million loan from Standard Bank [1] and builds upon a $24 million equity round completed in January 2025 led by Africa Capitalworks and Adiwale Fund I [1].

Expanding Access to International Education

The financing will support Enko Education’s “buy-and-build” strategy, focusing on acquiring and developing existing schools throughout sub-Saharan Africa. The company aims to reach 20,000 learners by 2029 [1]. Currently, Enko Education operates 16 schools across 10 countries [1].

Strong University Placement Rates

Enko Education highlights that over 80% of its graduates gain admission to more than 600 universities worldwide [1], demonstrating the quality of education provided by the network.

Leadership and Vision

Enko Education was co-founded by Cyrille Nkontchou and Eric Pignot [1]. Cyrille Nkontchou is also the Founder and Non-Executive Chairman of Enko Education and Co-Founder and Managing Partner of Enko Capital [2]. He emphasized that Enko Education is a valuable partner for school owners looking to transition their institutions while preserving their legacy and fostering growth [3].

Financial Details and Regional Impact

The $46 million in funding equates to approximately 25.5 billion FCFA [3]. The Standard Bank loan contributes 12 billion FCFA to this total [3]. This investment reinforces the visibility of Cameroonian entrepreneurship within the strategic education sector [3]. The network secured the combined funding in under 15 months [4].