AEC NEWS
AEC has worked with more than 24,000 entrepreneurs in East Africa, inclusive of both refugee micro-businesses and larger SMEs who are exporting globally. Below are some recent media coverage articles that highlight AEC’s work or the inspiring entrepreneurs we serve.
10 entrepreneurs contest for BK-urumuri’s interest free loans
A group of ten budding entrepreneurs have aced for interest-free loans in an intensified business pitch under the 5th Bank of Kigali (BK) Urumuri Initiative. The pitch competition took place on Friday, at the Kigali Convention Center in front of a panel of five judges...
AEC in The Economist: The world’s toughest business school
That business came under threat when the pandemic hit earlier this year. But Mr Mboniga was one of many refugees to be helped by the African Entrepreneur Collective (aec), a charity which started to disburse grants from a special covid-19 relief fund in June. Read...
AEC in BBC: The Burundian refugee soap maker who is fighting Corona
When Innocent Havyarimana started his soap-making business in Kenya's Kakuma refugee camp in early 2015, he was trying to move on from the traumatic events that had made him flee his native Burundi a year earlier. Read...
The journey of D’Amour & her Airbnb
Entrepreneur, D’Amour, dreamed one day of opening a business within the Tourism and hospitality sector after years of travelling and staying in AirBnBs herself. In October 2019, her dream came true when Virunga Palace opened; a lovely bed and breakfast in Musanze,...
Supporting Refugees to Build a Brighter Future via Mobile
Around the world today, the UNHCR estimates more than 82 million people have been forced to abruptly flee their homes, leaving everything and everyone behind due to conflict or disaster. The challenges faced by refugees do not end once they reach their new country of...
Partnership Brings Affordable Services to Local Kenyan Businesses
African Entrepreneur Collective Kenya (AEC Kenya) announces the launch of their new office and program in Garissa County, Kenya. In partnership with the Mastercard Foundation, AEC Kenya's services will support local businesses in Garissa, and over the next two years,...
Positive Impact Stories: B CORP Month
This week, as part of B Corp month, we are charged with telling a positive impact story from among our network. One of our favorites is from our partner, the African Entrepreneur Collective (AEC). This wonderful collection of business accelerators supports local...
Women refugee entrepreneurs are pushing for self-reliance in Rwanda
“I was just hoping for something to allow me to put food on the table and push through life,” recalls Angelique Rusaku on why she opened a grocery store upon arriving in Rwanda’s Kigeme Refugee Camp eight years ago. Fleeing violence in neighboring Congo with $150 USD...
One Thousand Loans for Refugee Entrepreneurs
AEC marks a major milestone in access to finance in East Africa African Entrepreneur Collective approved its 1000th loan for refugee entrepreneurs, marking a major milestone in financial inclusion of refugees in East Africa. This 1,000th AEC loan was given...