WHAT WE DO
Africa’s population is young and growing, aging into the workforce faster than jobs are being created. Entrepreneurs with SME (small-to-medium sized enterprises) businesses are best positioned to create jobs, but lack the skills and resources needed to do so. AEC offers practical services focused on sustainable business growth leading to improved lives and communities.
To date, AEC has worked with more than 3,400 entrepreneurs who have generated 5,400 new jobs in their communities.
FOCUS ON EXISTING ENTREPRENEURS
Entrepreneurs who have already demonstrated viability are most prepared to take the next step of growth and job creation. AEC supports entrepreneurs with micro, small, and medium-sized enterprises (MSMEs).
REMOVE BARRIERS TO GROWTH
As businesses grow to scale, entrepreneurs face additional challenges of management, access to expensive capital, and navigating new regulations. AEC offers access to affordable capital, networks, and technology tools to entrepreneurs.
DEVELOP ENTREPRENEUR CAPACITY
The skills it takes to start a business aren’t always the skills it takes to grow a business. AEC provides strategic consulting and practical training to equip entrepreneurs with the skills needed for growth.
Sub-Saharan African hosts more than 26% of the world’s refugee population, millions of refugees in Africa have been displaced from the workforce. AEC supports refugee entrepreneurs according to their business development stage (micro, small, or medium-sized), and creates training cohorts integrated with refugee and host community entrepreneurs. AEC refugee entrepreneurs not only contribute to a more financially self-sufficient livelihood for their families, but also contribute to a better economy in the host community.
MILLION USD Increased revenues for entrepreneurs
AEC ANNUAL REPORT 2018
The 2018 Annual Report shares updates on AEC’s progress, finances, and impact. Last year, AEC doubled our impact over the previous year.
This report also shares the powerful stories of entrepreneurs who are brave enough to work together to transform their lives, and the lives of others.
AEC’s 2019 Annual Report will be available in Spring 2020.
AEC is proud to be working with East Africa’s young leaders to build their nations through private sector development. From our early days in Rwanda, here are the voices of young entrepreneurs we have supported in this video.