Friday, June 27, 2008

The Africa Enterprise Challenge Fund - AECF

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The Africa Enterprise Challenge Fund (AECF) is a US$50-100m private sector fund, backed by some of the biggest names in development finance and hosted by the Alliance for a Green Revolution in Africa (AGRA). Our aim is to encourage private sector companies to compete for like-for-like investment support for their new and innovative business ideas.

The AECF is open to proposals from all countries in Africa. However it will focus initially on 13 countries (Kenya, Uganda, Tanzania, Rwanda, Burundi, Ghana, Nigeria, Mali, Burkina Faso, South Africa, Mozambique, Malawi and Zambia) operating from three regional hubs (Nairobi, Accra and Johannesburg). Multi-country and regional projects are also eligible.

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