Africa Enterprise Challenge Fund (AECF) logo

Africa Enterprise Challenge Fund (AECF)

Africa, Nairobi Area, Kenya, Westlands

Description

Africa Enterprise Challenge Fund is a development institution which supports businesses to innovate, create jobs, leverage investments.

Investor Profile

Africa Enterprise Challenge Fund (AECF) has backed more than 1 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant rounds (top funding stages).
  • Majority of deals are located in Kenya.
  • Strong thematic focus on Energy, Environmental Engineering, Renewable Energy.

Stage Focus

  • Grant (100%)

Country Focus

  • Kenya (100%)

Industry Focus

  • Energy
  • Environmental Engineering
  • Renewable Energy
  • Solar
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Africa Enterprise Challenge Fund (AECF) frequently co-invest with?

Kenya Off-Grid Solar Access Project
Africa, Nairobi Area, Kenya, Nairobi
Co-Investments: 1
Synovus
North America, Georgia, United States, Columbus
Co-Investments: 1
Netherlands Enterprise Agency
Europe, Drenthe, The Netherlands, Assen
Co-Investments: 1
EA
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1
S
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 1

What are some of recent deals done by Africa Enterprise Challenge Fund (AECF)?

Pawame

Nairobi, Nairobi Area, Kenya

A UAE based off-grid solar start-up.

EnergyEnvironmental EngineeringRenewable EnergySolar
GrantJun 8, 2021
Amount Raised: $1,700,000