Sub-Saharan Africa

IB Policies Around the World

Africa has a great potential for inclusive business models and the region is gaining more and more attention. National governments are increasingly recognizing the potential of inclusive business to reduce poverty and strengthen the economy, The African Enterprise Challenge Fund (AECD) has been implemented in 2008 in order to ease access to finance for African businesses. Since then, the fund has steadily increased and is now with USD 250m one of the largest challenge funds in Africa. AECF awards grants and repayable grants to businesses, which are not only profitable but also have social impact.