AECF launches US$1.2m Innovation Fund for renewable energy business opportunities

AFRICA – The African Enterprise Challenge Fund (AECF), has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities. The fund is aimed at strengthening market readiness of emerging innovations, as well as secure financial, technical, and networking support for taking existing proven prototypes to scale. Businesses and entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for funding. The fund will also aim to find solutions that reduce the negative impacts associated with the use of traditional…

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