Victoria Chelangat Sabula is CEO of the Africa Enterprise Challenge Fund (AECF), a private sector-focused challenge fund that supports innovative commercial businesses in agribusiness and renewable energy sectors across the continent.
AECF has raised $383m to date and provides funding to enterprises in 26 countries in sub-Saharan Africa by investing in businesses that struggle to meet traditional risk-return standards.
The organisation’s aim is to reduce rural poverty, promote resilient rural communities and “create jobs through private sector development.” One of the most recent projects is the #REACTReliefFund, which helps clean energy companies in #Kenya continue to reach #offgrid households during #COVID2019, with a deadline of 11 June 2020.
Sabula’s career has always been focused on green growth. Previously, she was General Counsel and Corporation Secretary for the Alliance for a Green Revolution in Africa (AGRA), providing advice on a wide range of legal and strategic issues critical to the organisation’s mission and achieving programme objectives in 18 countries in Africa.
Prior to that, she rose through the ranks as legal support at the KCB Bank Group, eventually becoming head of the Legal Credit Unit and then Company Secretary, managing the affairs of the Board and ensuring efficient management of stakeholders including Banque de la Republique du Burundi.
She studied Law at Moi University in Kenya, and then an MBA at Nazarene University, also in Kenya.Tags: Africa, Green Growth, Kenya, renewable energy, Women in VC