Nigeria: Edusko provides access to education finance

By : Adoni Conrad Quenum

Date : vendredi, 23 septembre 2022 12:21

Guaranteeing quality education to children is probably the ambition most common to parents worldwide. However, the task can be challenging without access to the right information. In Nigeria, an edtech startup wants to assist in the process. 

Edusko is a digital solution developed by Nigerian startup Edusko Africa founded in 2017. It is an education marketplace that lists and rates educational institutions, allowing parents to make “informed decisions.”  By founding Edusko Africa, the two co-founders -Jide Ayegbusi and Bukola Owobello- wanted to set up a platform to help parents provide decent and affordable education to their children. 

Thanks to the platform, “schools recruit more than 70 percent of their students with less than 10 percent of their marketing budget on our platform. Parents get as much as a 40 percent school fees discount, and can access low-interest education loans and stationery with ease,” Jide Ayegbusi indicates. 

To access its services, the parents or guardians need to create an account by providing some personal information including their name, surname, email, and phone number. With its search bar, the platform allows parents to filter educational institutions depending on their desired criteria. It also helps users access financial support, whose interest is one of its income sources. 

Edusko Africa currently claims partnerships with over 4,500 private schools while more than 50,000 parents in Nigeria’s 36 states have used the digital platform to select a school for their children. It also claims to have already collected over $150,000 in equity and grants. For the time being, the startup operates in Nigeria but, it intends to scale to other parts of the African continent, including Ghana, Kenya, Uganda, South Africa, and Egypt, in the next five years.

Adoni Conrad Quenum


Please publish modules in offcanvas position.