Enko Education enters SA, competing with the likes of Curro and Advtech
A new private education company has launched its first international school in SA. Enko Education, which has a presence in number of African countries, unveiled its first school in Ferndale, Randburg, on Tuesday. The company joins the likes of Curro, Advtech and more recently, Sizwe Nxasana’s Future Nation Schools, which have moved to fill the education gap, by providing schooling to SA’s middle class. Enko Ferndale comes after Enko received a $2.2m investment from Proparco, a private-sector focused subsidiary of the French Development Agency and Investisseurs & Partenaires (I&P), an impact investment group dedicated to African small and medium enterprises. Enko Ferndale is also Proparco’s first direct investment in education in sub-Saharan Africa. Regional director for the agency Denis Sireyjol said the initiative illustrated Proparco’s strategy to invest in SA and the rest of the continent. Enko Education, which is an investment management company, has about seven international sc...
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