The AECF (Africa Enterprise Challenge Fund) (www.aecfafrica.org), is the leading African-based development organization that supports innovative commercial businesses in the agribusiness and renewable energy sectors with the aim of reducing rural poverty, promoting resilient communities and creating jobs. The AECF has raised over US$495 million to date and provides catalytic funding to enterprises in 27 countries in Sub-Saharan Africa by investing in businesses that struggle to meet traditional risk-return standards for commercial investors.
The Renewable Energy and Climate Technologies (REACT) 2.0 Regional Programme– Digital Innovation Fund for Energy & Climate (DIFEC) is a regional programme designed to catalyse private-sector–led digital innovations that accelerate clean energy access and strengthen climate resilience across Sub-Saharan Africa. The programme targets early-stage and growth-stage enterprises developing digital solutions for distributed renewable energy (DRE), clean cooking, productive use of energy, e-mobility, digital agriculture, and circular economy systems.
Window 1: Growing Digital Innovation Funding Window
Objective: To provide catalytic early-stage financing and venture-building support to enterprises. The objective of this window is to de-risk digital solutions at an early stage, support product development and market validation, and enable enterprises to demonstrate product–market fit. In addition, early-stage enterprises will be supported to build foundational capabilities in digital risk awareness, secure-by-design development, and responsible data practices, reflecting the increasing reliance on digital components in DRE and climate solutions.
To read more about the programme, access the term sheet by clicking on this link.
The Renewable Energy and Climate Technologies (REACT) 2.0 Regional Programme– Digital Innovation Fund for Energy & Climate (DIFEC) is a regional programme designed to catalyse private-sector–led digital innovations that accelerate clean energy access and strengthen climate resilience across Sub-Saharan Africa. The programme targets early-stage and growth-stage enterprises developing digital solutions for distributed renewable energy (DRE), clean cooking, productive use of energy, e-mobility, digital agriculture, and circular economy systems.
Window 2: Scaling Digital Innovation Funding Window
Objective: To provide scaling financing and specialised technical assistance to enterprises that have demonstrated successful commercial deployment of digital solutions and are ready to scale operations across multiple African markets. The objective of this window is to accelerate regional expansion, strengthen operational performance, and enhance investment readiness for scalable digital innovations supporting clean energy access and climate resilience.
To read more about the programme, to access the term sheet click on this link.