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Guest Post: Africa Enterprise Challenge Fund’s Competitions Focusing on Agribusiness, Climate Change
November 17, 2011 Editor 0
Authored by: Namanga Ngongi and Hugh Scott
The Africa Enterprise Challenge Fund (AECF), which invests in businesses wishing to implement commercially viable and high development impact projects in Africa, is launching three new competitions to spur business innovation and investment in: agribusiness development across Sub-Saharan Africa; renewable energy and adaptation to help small farmers in East Africa to adapt to climate change; agri-business development in South Sudan.
Through an open and transparent “competition” for investment support in the form of grants and interest free loans, AECF co-invests alongside companies looking to implement innovative business ideas that are both commercially viable and also create opportunities for the rural poor.
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