Investisseurs & Partenaires Invests in Enko Education, Baraji and Africa Radio (Sub-Saharan Africa)
Source: Investisseurs & Partenaires, Africa Capital Digest
Sub-Saharan Africa-focused impact investment group Investisseurs & Partenaires (I&P) and development finance institution Proparco have participated in a US$2.2 million Series A round for South Africa-based private school network Enko Education. Each investor committed US$1.1 million. Enko will use the new capital to fund the operation of its existing schools, as well as launch new schools. Separately, I&P invested in Ethiopia-based water and fruit juice producer Baraji and Côte d’Ivoire-based independent broadcaster Africa Radio. Financial details of the transactions were not disclosed. I&P invested in all three companies through I&P Afrique Entrepreneurs.