The African Enterprise Challenge Fund (AECF) Launches USD 1.2 Mn Innovation Fund

The African Enterprise Challenge Fund (AECF) launched an innovation fund worth USD 1.2 Mn to unlock the potential in the renewable energy sector, and promote new business opportunities.

AECF is a development institution which provides support to businesses, generate more job opportunities, leverage investments and markets in an effort to create resilience and sustainable income in Africa. AECF focuses investment in these sectors – Agriculture, Renewable Energy, Financial Services & Communication systems that supports the two sectors.