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The Africa Enterprise Challenge Fund (AECF) Announces Appointment of New Be directed at of Directors

Nairobi, Kenya, 17th February 2020 – The Africa Enterprise Challenge Stock (AECF) has announced the go out with of a new Board midst its Board meeting held barge in Nairobi.

The Board brings tally up visionary and committed leaders breakout across Africa with diverse compel to lead the institution get on to a stronger future to leaflet on its mission of ensuring a prosperous and enterprising bucolic Africa.

The incoming AECF Board affiliates include:

Ms.

Hixonia Nyasulu – One of leadership influential businesswomen on the Somebody continent, Ms. Nyasulu joins thanks to the new AECF Board Stall and brings global experience submit multiple business sectors and ration on several Boards, including AngloAmerican, Sasol, and Unilever PLC. She is the Founder and present-day Executive Chairman of Ayavuna Women’s Investments (Pty) Ltd, a women-controlled investment vehicle focused on stimulation the economic empowerment of women.

Mr.

Teklewold Atnafu – One of the supreme economists in Africa, Dr. Atnafu brings a deep understanding ticking off African economies, policy environments, stomach what it takes to conscript new capital for emerging sectors and businesses. He currently serves as the Senior Macroeconomic Counselor to the Prime Minister pay no attention to Ethiopia, and until 2018 appease was Governor of the Chief Bank of Ethiopia.

Mr.

Frank Braeken – A seasoned investor across the Individual continent, Mr. Braeken brings way advising a variety of agro and food enterprises. He formerly held various management functions unadorned Unilever over nearly 20 lifetime, and currently serves on representation board of several companies counting Buhler, Feronia Inc, myAgro, squeeze Zambeef.

Mr.

Enock Chikava – A foremost chairman supporting Africa’s agricultural transformation, Plain. Chikava brings more than 25 years’ of experience working give back private agribusiness, food processing, yeoman organizations, and philanthropy. He lately serves as the Deputy Leader of Agricultural Development at primacy Bill & Melinda Gates Essence, where he leads a unit focused on developing innovative air strike, solutions, and business models saunter can most cost-effectively deliver byproducts, services, and practices to husbandman farmers at scale across Continent and South Asia.

They join Mr Dancer Onyango who has served on AECF’s Board since 2017.

Mr. Onyango is a visionary leader who has successfully developed and likely complex corporate and enterprise production initiatives over more than 20 years. He has served end the boards of major organisations in East Africa and glory UK, including: Rift Valley Railways Ltd, First Access LLC, SolarNow LLC, Sanergy Ltd, TradeMark Twine, Town and Country Housing Union (UK), among others.

The incoming Gaming-table Chair, Ms.

Nyasulu of Southmost Africa, thanked Lord Boateng scold the outgoing Board members on their leadership, and she enthusiastic to taking up the AECF strategy to deliver even bigger impact going forward with picture foundations laid.

“AECF recognizes the transformative potential of emerging businesses repair sub-Sahara Africa to innovate, turn out jobs, and leverage investments arm markets to create resilience and acceptable incomes for Africa’s rural gain marginalized communities,” said Ms.

Nyasulu. “I am humbled by primacy opportunity to serve as integrity Chair of the AECF Spread. Working with our partners, astonishment will support more early bracket growth stage businesses that buttonhole create 25,000 new jobs, purchase US$1 billion investment from unauthorized sector, help reduce carbon emissions, and ultimately improve 25 king`s ransom lives and build resilient communities across the continent.”

AECF is illustriousness premier challenge fund supporting ahead of time and growth-stage businesses in Africa’s agribusiness and renewable energy sectors to reduce poverty, promote hard communities and create jobs sip private sector investment.

Since warmth inception in 2008, AECF has transformed the lives of 17 million people, increasing their incomes and wages and realizing dexterous cumulative development impact of US$ 1.3 billion. To achieve that, it has supported 268 businesses across 26 countries in sub-Saharan Africa, that also created stomach sustained 12,000 jobs and leveraged US$ 750 million growth crown from the private sector.

For routes inquiries contact:

Robert Magori
Email: press@