Africa Enterprise Challenge Fund (AECF) encourages companies in the private sector to compete for investment support for new and innovative business ideas within agribusiness, renewable energy and climate change technologies. The fund has influenced the lives of over three million people in a positive way.
AECF is a 200 million dollar private sector fund started by the Green Revolution in Africa (AGRA) and is partially funded by Sida. They are focusing on financial projects, through grants and interest free loans, which will have a broad development impact on the rural poor.