News Article
The AECF has managed close to 40 Challenge Funds since its inception across 26 countries in Africa. We have supported over 343 enterprises, raising US$ 392 million in funding for programmes, that have created 25,000 jobs and impacted 28 million lives. The businesses and investees we have supported have co-invested substantially more than the AECF initial investments totaling to US$ 751 million with an average impact ratio of US$ 8.7 to every US$1 invested.