RVO, in partnership with the Dutch Entrepreneurial Development Bank (FMO) and Village Capital, has launched the Africa Ecosystem Catalysts Facility (AECF) – a $4M initiative designed to support impact-driven startups in Ghana, Nigeria and Tanzania.
Startups tackle critical local challenges, such as economic mobility, financial inclusion and climate resilience. However, many struggle to access capital due to limited funding options, perceived risks and structural barriers. Locally-led Entrepreneur Support Organisations (ESOs) play a crucial role in bridging these gaps by identifying promising businesses and addressing local ecosystem challenges. Yet, their expertise is often overlooked in the investment process.
AECF aims to change this by building on the groundbreaking work from Orange Corners and the Orange Corners Innovation Fund (OCIF). AECF will partner directly with local ESOs to identify high-potential startups, conduct due diligence and make strategic investment decisions. By leveraging local expertise, the facility creates a clear pathway for startups to move from early revenue to product-market fit and scalable growth, ultimately positioning them for larger funding rounds. At the same time, it strengthens the role of ESOs in the investment landscape, fostering a more inclusive and sustainable pipeline
“We are excited to embark on this new strategic partnership with FMO and Village Capital,” shared OCIF Coordinator Kars Gerrits. “This collaboration marks an important step forward, with two Dutch development organisations working together to address critical funding gaps in Ghana, Nigeria and Tanzania.” Claire Nyambori, TA Officer at FMO, adds “we are excited to be joining forces with RVO and ensuring that we are able to leverage our various organisational strengths in creating impact in the focus countries”.
With AECF, RVO, FMO and the Netherlands reaffirm their commitment to fostering private sector development in Ghana, Nigeria and Tanzania. By supporting social and impact-driven startups, we aim to drive long-term economic resilience, sustainable development and job creation. With a strong focus on empowering youth and women entrepreneurs, this initiative ensures some of Africa’s most promising startups will have the resources and capital needed to create lasting impact.
