Nigerian startup Edusko is a one-stop solution that matches African students with the right K-12 private schools, which in just two years has helped more than 5,000 children access and finance quality education.
Founded in 2021 by Jide Ayegbusi, Bukola Owo-bello and Ademola Babatunde, Edusko allows parents to find and apply to vetted and suitable schools via its digital platform, and also offers access to low interest tuition financing as well as tuition discounts.
“Over one billion children will be born over the next three decades in Sub-Saharan Africa. Sadly, parents are unable to provide quality education for their children because many of the public schools suffer from overcrowding, underfunding, outdated curricula, poorly trained teachers, and inadequate facilities,” Ayegbusi told Disrupt Africa.
“Parents often opt for private schools because they can provide higher-quality education with better resources, modern teaching methods, and well-qualified teachers. However, the choice between public and private schools often depends on affordability.”
This is where Edusko comes in, matching parents and students with the right schools and then providing affordable financing options to help them manage the cost. In just two years, the startup has listed over 8,000 top-rated schools, and matched more than 5,000 children.
Ayegbusi said that Edusko, which earns commission on tuition fees and loans, had raised a pre-seed round of funding and also received a US$100,000 grant from the Mastercard Foundation.
“We are currently raising seed capital to ramp up sales in Nigeria and expand to Ghana and Kenya,” he said.