AECF Launches €12.5 Million Sudan SME Catalyser Amidst Conflict
The Africa Enterprise Challenge Fund (AECF) has launched a new initiative aimed at bolstering Small and Medium Enterprises (SMEs) in Sudan in the wake of conflict that has curtailed economic activities.
The initiative, which targets SMEs transitioning from conflict-ridden zones to more stable regions within the country, is backed by an initial €12.5 million injection from the German Federal Ministry of Economic Cooperation and Development (BMZ) via KfW.
Photo courtesy of EU/ECHO/Edward Echwalu.
Source: Business Day Africa (link opens in a new window)
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