Enko Education, the education division of asset manager Enko Capital, co-founded by Cameroonian financiers Alain and Cyrille Nkontchou, announced on February 17, 2026, that it had completed a $46 million fundraising, equivalent to 25.5 billion FCFA. This financial operation aims to finance the expansion of the group's international school network in sub-Saharan Africa.
The financing includes a $22 million loan (12.2 billion FCFA) granted by Standard Bank, a South African bank. According to Enko Education, these additional funds will accelerate the expansion of its network and support an ambitious growth trajectory.
The main objective is to triple the number of students, reaching 20,000 learners by 2029. Cyrille Nkontchou stated that Enko Education is the ideal partner for school owners who wish to pass on their institution to a group that respects their vision and legacy, while providing them with the resources necessary to develop and prosper.
To date, Enko Education has 16 schools spread across 10 countries in sub-Saharan Africa, including Cameroon, Côte d'Ivoire, Senegal, Mali, Burkina Faso, Togo, Zambia, Botswana, Mozambique and South Africa. In Cameroon, the network includes the La Gaité school complex in Yaoundé.
The group promotes a selective program preparing for the International Baccalaureate. Its educational model, focused on academic excellence, aims to improve the quality of education in Africa and facilitate students' access to the best universities and colleges in the world. Enko Education claims that more than 80% of its network's graduates have joined more than 600 universities around the world, including Sciences Po, the University of Toronto, the University of Cape Town and the Hong Kong Polytechnic University.
With this fundraising, Enko Education intends to consolidate its position as a major player in international education in Africa and offer a growing number of African students the opportunity to access quality education and promising future prospects. The expansion of the Enko Education network could help bridge the gap in quality education in sub-Saharan Africa, where less than 20% of countries allocate at least 20% of their national budget to education.
