Africa Enterprise Challenge Fund (AECF) logoAfrica Enterprise Challenge Fund (AECF)

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AECF empowers African businesses to accelerate clean energy access, inclusive financial services, and SME growth. As grant investors, we provide seed funding, technical assistance, and networking opportunities to promising entrepreneurs. Our portfolio boasts game-changers like Kazang Solar and Easy Solar. AECF stands out for its unwavering commitment to grant-only funding in high-impact sectors driving inclusive growth across Africa.

Africa Enterprise Challenge Fund (AECF)'s Portfolio in Africa

Africa Enterprise Challenge Fund (AECF) has made over 2 notable investments in African startups. Their most recent investment was in Easy Solar, announced on December 6th, 2019.
Africa Enterprise Challenge Fund (AECF)'s Latest news
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Africa Enterprise Challenge Fund (AECF)'s Investment activity in Africa

With over $2.4M invested in African startups, their latest investment was a Grant round in Easy Solar, announced on December 6th, 2019, closing at $850K.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Grant
Kazang Solar
ZambiaAug 09, 2018$ 1,600,000
Grant
Easy Solar
Sierra LeoneDec 06, 2019$ 850,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Africa Enterprise Challenge Fund (AECF)'s Investment Distribution in Africa.

Africa Enterprise Challenge Fund (AECF)'s currently has Startuup investments spread across the following location(s)

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