The Africa Ecosystem Catalysts Facility (AECF), a USD 4M facility established to invest in startups developing context-specific solutions that enhance economic mobility and climate resilience in Ghana, Nigeria, and Tanzania. The AECF, managed by Village Capital with support from FMO and RVO, has partnered with FATE Foundation as a Venture Partner to leverage the organization’s deep local expertise to identify and evaluate high-impact startups.
Eligibility:
Locally-led and have raised less than USD 2M to date
Healthy unit economics with a path to financial sustainability
Post-MVP with early revenue
Currently raising between USD 75K and USD 500K
Developing context-specific solutions that advance economic mobility and climate resilience
Driving innovation through process improvements, business model innovation, or disruptive products
The Facility will leverage innovative finance to structure investments to align with startups’ growth strategy and capital needs, including the use of debt-like instruments.
The Facility targets finalizing investment decisions in November 2025. The review and selection process will take place in four stages, occurring over the course of the next few months and culminating in November: (1) Shortlisting, (2) Evaluation, (3) Due Diligence, and (4) Investment Committee.
