Somaliland sun – The Africa Enterprise Challenge Fund -AECF is now receiving applications for Tanzania Agribusiness Window Competition -TZAW Round 4
The applicant can be from anywhere in the world as long as your project is commercially viable and will be implemented in Tanzania.
The AECF is a US$ 244m challenge fund capitalized by multilateral and bilateral donors (the AECF donors) to stimulate private sector entrepreneurs in Africa to innovate and find profitable ways of improving access to markets and the way markets function for the poor, particularly in rural areas. The Fund awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial services. Its purpose is to improve incomes of smallholder farmers and the rural poor. The AECF is supported by the governments of Australia, Denmark, Netherlands, Sweden and the United Kingdom, as well as the International Fund for Agricultural Development (IFAD).
Funding is awarded through competitions, with applicants judged on the commercial viability, innovation, and potential development impact of their projects. Since the AECF’s inception in 2008 up to the end of 2014, a total of 202 projects spread across 23 countries in sub-Saharan Africa have been approved for funding, directly benefiting nearly 7 million rural people in 2014 alone.READ MORE
The TZAW Round 4 competition will close on 15 December 2015 and to find out more and to apply for those interested please log on to: www.aecfafrica.org/windows/tanzania-window/rounds/apply
keep watch of this site for news about activities of local Somaliland courtesy of an AECF Grant