AECF - The Africa Enterprise Challenge Fund is a US$150m private sector fund, backed by some of the biggest names in development finance and hosted by the Alliance for a Green Revolution in Africa (AGRA). It aims to encourage private sector companies to compete for investment support for their new and innovative business ideas. Where does the AECF work? The AECF is open to proposals from all countries in Africa. Multi-country and regional projects are also eligible. It operates from three regional hubs (Nairobi, Accra and Johannesburg). What is the relationship between AGRA and the AECF? Alliance for a Green Revolution in Africa (AGRA) is an alliance jointly created in 2006 by The Rockefeller Foundation and the Bill & Melinda Gates Foundation aimed at improving agricultural productivity and small holder farmer well-being throughout sub-Saharan Africa. AGRA is registered as a non-profit entity in the United States, but operates out of Nairobi, Kenya, where it is registered as the branch of a foreign corporate entity. From Kenya, AGRA is managing programs supporting agricultural development across sub-Saharan Africa. The AECF is a special partnership initiative of AGRA that supports AGRA's mission.