IFLR1000

African Enterprise Challenge Fund (AECF)

4/2/2016
Fund formation
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$ 200 million

Completed

4/2/2016

Overview:

  • The UK Department for International Development (DFID) has formed a $200 million African Enterprise Challenge Fund (AECF).
  • The fund will invest in innovative ideas in relation to the development of agribusiness and green energy.

Kurt Stumpo - Journalist

Jurisdictions:

Mauritius
United Kingdom

Deal type:

Fund formation

Practice area:

Investment funds

Governing law:

England and Wales

Industry sectors:

Energy
Agriculture

Firm:
Uteem Chambers

Party: Department for International Development (DFID) (Fund manager)

Lawyer: Muhammad Reza Cassam Uteem

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