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Africa Enterprise Challenge Fund
Africa Enterprise Challenge Fund deploys venture and venture debt capital into African agribusiness and off-grid energy.
Africa Enterprise Challenge Fund
The AECF is an African development funder that supports innovative commercial businesses with the aim of reducing rural poverty, promoting resilient communities, and creating jobs through private sector development.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Africa
Country
Kenya
City
Nairobi
Corporate office
Nairobi, Kenya
Principals
Victoria Sabula
Chief Executive Officer
Frank N. J. Braeken
Board Chair
Ada Osakwe
Board Member
Enock Chikava
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Africa Enterprise Challenge Fund?
Victoria Sabula serves as Chief Executive Officer. The board includes Frank N. J. Braeken as Chair along with Ada Osakwe and Enock Chikava.
How is Africa Enterprise Challenge Fund related to the Alliance for a Green Revolution in Africa?
The fund was established as a special initiative of AGRA and maintains an ongoing strategic partnership with the organization.
What asset classes does Africa Enterprise Challenge Fund target?
The firm focuses on venture investments and venture debt. Activity centers on agribusiness and off-grid solar sectors.
Which regions does Africa Enterprise Challenge Fund cover?
Investments target markets across Africa.
Which organizations fund Africa Enterprise Challenge Fund?
Support comes from the Bill & Melinda Gates Foundation, Foreign Commonwealth & Development Office, Rockefeller Foundation and Swedish International Development Cooperation Agency.
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