Sh131.8mn Fund Seeking To Support Entrepreneurs Using Renewable Energy In Kenya Unveiled

The African Enterprise Challenge Fund has launched a US$1.2 million or Sh131.8 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities in Kenya.

Through the fund, businesses and entrepreneurs in Kenya can apply for funding to strengthen market readiness of emerging innovations, as well as secure financial, technical, and networking support for taking existing proven prototypes to scale.

The Innovation Fund will also launch in Burkina Faso, Ethiopia, Liberia, Mali, Mozambique and Zimbabwe.

Read more: Capital Business



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