# Africa Enterprise Challenge Fund

Africa Enterprise Challenge Fund is an Asset Manager based in Nairobi, Kenya.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Nairobi, Kenya
- **Region:** Africa
- **Address:** Nairobi, Kenya
- **Founded:** 2008
- **Assets under management:** Undisclosed
- **Website:** www.aecfafrica.org
- **LinkedIn:** https://ke.linkedin.com/company/africa-enterprise-challenge-fund
- **Wikidata:** Q104899524

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Venture Capital
- AgriTech

## People

- Victoria Sabula — Chief Executive Officer
- Frank N. J. Braeken — Board Chair
- Ada Osakwe — Board Member
- Enock Chikava — Board Member

## 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.

## Related profiles

- [Africa Development Capital](https://altss.com/profile/africa-development-capital)
- [Africa Lighthouse Capital](https://altss.com/profile/africa-lighthouse-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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