Press

African education group Enko Education acquires the West African College of the Atlantic (WACA) in Dakar, Senegal

Dakar, 23 February 2018

African international schools group Enko Education, founded by Cyrille Nkontchou and Eric Pignot, has taken a new step in its development, acquiring the West African College of the Atlantic (WACA) in Dakar, Senegal.

Created in 1996 by Danielle Louise and Dr Ian Hill, WACA is widely recognised in Dakar as being an excellent international school. “We have reached a stage where we believe it is important that WACA takes a new step towards growth. We have devoted a great deal of energy and passion to bringing the school to where it is today. We must now prepare for the future, and make sure that the next twenty years are as good as, if not better than, the last twenty”, said Danielle Louise Hill.

Dr Ian Hill, a renowned expert in international education, who for ten years held the position of deputy CEO of the International Baccalaureate Organisation, added: “We decided to transfer the school to Enko Education as it is a solid, well-established organisation that places quality at the heart of its education system. Like WACA, Enko schools offer International Baccalaureate programmes, emphasising bilingualism and developing international awareness among their students at the same time as keeping them in touch with their African roots. We have followed the development of the group very closely since its creation; its results have been spectacular”.

This acquisition marks a turning point in Enko Education’s development. “Many owners of schools want to ensure the continuity of their establishments. Enko Education can now welcome into its family schools that are seeking to provide an international education and that share our values”, explained Eric Pignot, CEO and founder of the group.

Enko Education now operates ten primary and secondary schools in Cameroon, Ivory Coast, Senegal, South Africa and Mozambique, and aims to establish a presence across the entire continent. Its schools offer programmes accredited by the International Baccalaureate Organisation, for the most part. Enko Education’s first cohorts of graduates have gained admission to some of the most prestigious universities and colleges, such as Yale University (USA), Stanford University (USA), the University of Toronto (Canada), Ecole Polytechnique (France), Sciences Po Paris (France), the African Leadership University (Rwanda), Wits University (South Africa), and others.

About Enko Education

Enko Education is a fast-growing network of international schools in Africa, which aim to prepare their students across the continent for admission to the best universities in the world. Enko Education has developed an innovative model, based on the globally recognised International Baccalaureate Diploma Programme (IBDP). Enko Education’s tuition fees generally amount to a fifth of those applicable for other establishments offering the IBDP in Africa. The group opened its first school in September 2014 and now operates 10 schools in five countries (Cameroon, Ivory Coast, Senegal, Mozambique and South Africa). Enko aims to open 30 more schools in the next five years. Enko Education is financially supported by international financing institutions, including Proparco, I & P, Oiko Credit and LiquidAfrica.

Press contact: Fanny MORAL – fanny.moral@enkoeducation.com – +27 84 802 7164

By |February 23rd, 2018|Categories: Press, Press releases|0 Comments

Le groupe éducatif africain Enko Education acquiert l’école West African College of the Atlantic (WACA) à Dakar, Sénégal

Dakar, 23 février 2018 – Le groupe d’écoles internationales africaines Enko Education, fondé par Cyrille Nkontchou et Eric Pignot, franchit une nouvelle étape de son développement en acquérant l’école West African College of the Atlantic (WACA) à Dakar au Sénégal.

Créée en 1996 par Danielle Louise et Dr Ian Hill, l’école WACA est une école internationale d’excellence unanimement reconnue à Dakar. “Nous arrivons à un moment de notre vie où il nous a semblé important que WACA prenne un nouvel essor. Nous avons consacré beaucoup d’énergie et de passion à l’amener où elle se trouve aujourd’hui. Il faut maintenant préparer l’avenir, et s’assurer que les vingt prochaines années soient aussi voire plus belles que les vingt dernières”, explique Danielle Louise Hill.

Dr Ian Hill, expert reconnu de l’éducation internationale ayant occupé pendant dix années la fonction de directeur général adjoint de l’Organisation du Baccalauréat International, renchérit : “Nous avons choisi de transmettre l’école à Enko Education car c’est une organisation sérieuse, solide qui place la qualité au coeur de son système éducatif. Tout comme WACA, les écoles Enko offrent les programmes du Baccalauréat International, mettent l’accent sur le bilinguisme, développent à fois l’esprit international et l’ancrage africain de leurs élèves. Nous avons suivi le développement du groupe depuis sa création : leurs résultats sont spectaculaires”.

Cette acquisition marque un tournant dans le développement d’Enko Education. “De nombreux propriétaires d’écoles souhaitent assurer la pérennité de leur établissement. Enko Education peut aujourd’hui accueillir en son sein les écoles désirant offrir une éducation internationale et partageant nos valeurs”, explique Eric Pignot, directeur général et fondateur du groupe.

Enko Education opère maintenant dix écoles primaires et secondaires au Cameroun, Côte d’Ivoire, Sénégal, Afrique du Sud, Mozambique et vise à se développer sur l’ensemble du continent. Ses écoles offrent pour la plupart les programmes accrédités de l’Organisation du Baccalauréat International. Les élèves des premières promotions Enko Education ont été admis dans des universités et écoles aussi prestigieuses que Yale University (USA), Stanford University (USA), University of Toronto (Canada), Ecole Polytechnique (France), Science Po Paris (France), African Leadership University (Rwanda), Wits University (Afrique du Sud), et bien d’autres.

A propos d’Enko Education

Enko Education est un réseau d’écoles internationales africaines en plein essor, qui prépare les élèves à travers l’Afrique à l’admission dans les meilleures universités du monde. Enko Education a développé un modèle innovant, basé sur le Programme du Diplôme du Baccalauréat International (IBDP), mondialement reconnu. Enko Education propose des frais de scolarité qui s’élèvent généralement à un cinquième des frais de scolarité des autres établissements proposant l’IBDP en Afrique. Le groupe a ouvert sa première école en septembre 2014 et compte désormais 10 écoles dans 5 pays (Cameroun, Côte d’Ivoire, Sénégal, Mozambique en Afrique du Sud), avec l’ambition de lancer 30 écoles supplémentaires dans les 5 prochaines années. Enko Education est soutenu financièrement par des institutions internationales de financement incluant Proparco, I & P,  Oiko Credit et LiquidAfrica.

Contact Presse : Fanny MORAL – fanny.moral@enkoeducation.com – +27 84 802 7164

By |February 23rd, 2018|Categories: Press, Press releases|0 Comments

Enko Education raises 1.5 million euros with Oikocredit to finance its development in sub-Saharan Africa

4th December 2017 – After the investment by Proparco and Investisseurs et Partenaires in August 2016, Enko Education has entered into a new phase of growth, raising 1.5 million euros with Oikocredit, a cooperative and social investment company based in the Netherlands.

Since 2014, Enko Education has been instrumental in revolutionising access for African students to a top-quality international education and the best universities in the world. Enko Education has nine schools in five Sub-Saharan African countries, offering a launchpad to the best universities in the world for young African people, and providing prestigious international programmes and a unique university admission counselling programme.

The Africa-wide group, with a presence in Senegal, Ivory Coast, Cameroon, Mozambique and South Africa, has just announced its first debt raising for 1.5 million euros with Oikocredit. “This loan will fuel the growth of Enko Education, particularly by financing the acquisition of existing establishments and the opening of new ones”, said Eric Pignot, Founder and CEO of Enko Education.

We launched our first school in Senegal in September of this year, and are now looking to continue our development in the countries where we already have a presence, as well as in all the countries in the region where there is a need for more accessible international schools”, added Mr Pignot. The Enko Education model is already generating brilliant results; students from the first graduating class are all now studying in universities as prestigious as Yale College in the United States, Sciences Po in France, the University of Toronto in Canada, the African Leadership University in Rwanda, or the Capital University of Economics and Business in China.

Oikocredit is glad to start an exciting and fruitful partnership with Enko Education. We recognise the added value of Enko’s business and we align with the mission to widen the opportunities for high-quality education to the African population”, said Lygia Cesar, investment manager at Oikocredit.

 

About Enko Education

Enko Education is an Africa-wide fast-growing network of international secondary schools, preparing learners across Africa for admission to the world’s best universities. Enko Education developed an innovative education model relying on an internationally-recognized curriculum, the International Baccalaureate Diploma Programme (IBDP). By adopting an asset-light strategy and relying on extensively trained local teachers, Enko Education is able to charge schools fees which are, on average, only a quarter of those charged by other IBDP schools in Africa.

The group opened its first school in September 2013 and now comprises 9 schools, located in Cameroon, Ivory Coast, Senegal, Mozambique and South Africa, and shares the ambition to launch further 30 schools in the next five years. Enko Education is financially supported by international development institutions and private equity funds including Proparco, I&P and now Oikocredit.

About Oikocredit

Oikocredit has over 40 years’ experience in funding partner organisations active in inclusive finance (including microfinance), agriculture and renewable energy. Oikocredit’s loans, investments and capacity building aim to enable people living on low incomes to sustainably improve their living standards. Oikocredit finances around 800 partners in 70 countries, with total outstanding capital of €1,047.2 million.

By |December 5th, 2017|Categories: Press, Press releases|0 Comments