“When I dare to be powerful—to use my strength in the service of my vision—it becomes less and less
important whether I am afraid.”
AUDRE LORDE
Social Enterprises and Nonprofits
Helping Social Enterprises Increase Their Impact
In 2024, we represented Kenya’s leading education technology (edtech) company, Eneza Education, in a corporate transaction with a leading Asian edtech company that led to the formation of an African-Asian edtech venture. The transaction expanded Eneza’s ability to deliver low-cost, accessible education solutions to learners in under-resourced communities.
Eneza seeks to improve learning outcomes for 3 billion young people through the use of low-tech solutions that are not dependent on access to high-speed internet. Eneza started out as a portfolio company of FINCA Ventures, the impact investing arm of the poverty-alleviation charity FINCA International. FINCA Ventures chose to invest in Eneza because it delivers affordable, government-accredited curriculum to underserved learners using low-tech mobile phones (as opposed to smartphones, which are not widely used by very-low-income people). Eneza’s curriculum supplements in-person education by serving as a digital textbook that can be used at home.
Upon the successful conclusion of the representation, Eneza’s CEO shared this kind note:
Photo courtesy of Eneza Education
Thank you so much for providing us with much-needed legal support over the period of [the transaction]. . . . Working with . . . your team has been the best experience I’ve ever had with a U.S. lawyer. By far. Thank you for being consistently available, for your patience with all my questions, for your generosity with your time and expertise, for taking the time to grapple with and understand our specific circumstances, and giving practical, actionable advice. Working with Lowenstein Sandler on this made the process a lot easier than I had originally feared that it would be. Asanteni sana. (Swahili for “Thank you all very much.”)