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Investing in Women in Benin and Burkina Faso - Window 1: Investments in SMEs and FIs
Africa Enterprise Challenge Fund (AECF)

Grants

Open

About

Provides non-repayable grants and soft/repayable loans to women-owned or women-led SMEs and financial institutions operating in Benin and Burkina Faso. The programme targets climate-smart agriculture and climate-friendly business models that enhance economic opportunities for women.

women-ledwomen-ownedclimate-smartagribusinessSMEBeninBurkina Faso

Eligibility

  • Be a local private sector company or financial institution operating or intending to operate in Benin and/or Burkina Faso.
  • Private sector companies must be at least 51% owned by women OR have majority female management and majority female representation among employees, suppliers, or distributors.
  • Have been in business for at least two (2) full financial years at the time of application.
  • Demonstrate clear integration of climate change mitigation or adaptation into their product or service offering.
  • Be able to demonstrate a commitment to match the AECF contribution based on specified ratios.
  • Be legally registered and physically located in Benin and/or Burkina Faso at the time of contract signature.

How to apply

  • Submit a funding application justifying the need for the business and/or idea to be funded, the requested amount, and project duration.

Stage

Funding amount

CAD 50,000 to CAD 750,000 for SMEs; CAD 100,000 to CAD 1,000,000 for Financial Institutions

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