Maputo, 3 September – The Africa Enterprise Challenge Fund (AECF) is today
holding its second annual meeting in Maputo, Mozambique.
The event brings together over 150 representatives of businesses, financial
institutions, NGOs, academia and other stakeholders to share best practice
on how to grow businesses that benefit Africa’s rural poor. At this year’s
annual meeting there is a particular focus on poultry, mobile banking,
seeds and potatoes.
Participants will also focus on business-to-business partnerships between
AECF supported businesses and new partners, including impact investors and
multinational companies.
“We will encourage active networking among all the participants with a view
to forging stronger partnerships and cooperation amongst themselves –
leading to clear-cut letters of intent to form businesses,” says André
Dellevoet, Executive Manager, AECF.
Recognizing the importance of effective and strategic market in overall
business success, Mr. Jan Flamend, Managing Director of Valueselling will
share his insights with the meeting participants on the importance of
marketing for business success.
The second annual meeting of the AECF takes place just ahead of the 2013
Africa Green
Revolution Forum, which is being held in Maputo 4th – 6th September.
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About AECF
The Africa Enterprise Challenge Fund (AECF) is a US$200m private sector
fund, backed by some of the biggest names in development finance and hosted
by the Alliance for a Green Revolution in Africa (AGRA). A challenge fund
such as the AECF is designed to stimulate investment by the private sector
in new and innovative business ideas with potential for wider social
benefit. AECF does this by reducing the financial risks related to pursuing
those ideas. The fund manager of the AECF is KPMG Development Advisory
Services. For more information see: www.aecfafrica.org