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Great Business Ideas deserve serious investment |
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The Africa Enterprise Challenge Fund provides grants and interest free loans to businesses who wish to implement innovative, commercial viable, high impact projects in Africa.
The AECF supports businesses working in agriculture, financial services, renewable energy and technologies for adapting to climate change. We also support initiatives in media and information services where they relate to these sectors.
Applications are assessed during competitive rounds which each have their own entry criteria. Winners can receive up to US $ 1.5 million.
The competition is open to companies from anywhere in the world provided the business idea is implemented in Africa.
The AECF is a special partnership initiative of AGRA, the Alliance for a Green Revolution in Africa. |
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Why is this challenge fund different? |
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- It focuses exclusively on supporting the private sector
- It provides an open and transparent "competition" for donor funds
- It is based in, and run from, Africa
- It is focused on funding practical projects that are both commercially viable and will have a broad developmental impact on the rural poor
- It is structured and governed along private sector principles with strong and sustained business engagement to ensure a flexible, responsive, results-orientated approach that the private sector can understand
- It leverages private sector and donor money to help fund successful projects and enterprises
- It is able to support cross-border, regional and pan-continental projects, as well as national ones
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News & Events |
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| | REACT Mozambique
On 18th March 2013, AECF launched its latest round REACT Mozambique in Maputo. To participate you need to apply now
read more ... | | REACT Newsletter
This issue features AECF's exciting Renewable Energy and Adaptation to Climate Technology (REACT) portfolio. Some of the highlights include: - REACT Mozambique 18th March 2013 - 31st May 2013
read more ... | | Spotlight on Tanzania
In this Issue, we focus on some of our projects in Tanzania. Read more about: - 4 new potato varieties in 30 years in Tanzania – Mtanga Farms Limited
read more ... |
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Past News & events Articles |
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