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30th June 2009.

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To improve the livelihoods of small-holder farmers in East Africa

AAC's Mission

To be a leading agribusiness-focused investment fund in Africa that delivers positive financial returns to its investors, supports its investees through the provision of affordable and flexible capital, and has a high social and development impact on smallholder farmers and rural economies, thereby encouraging greater investment in the agriculture sector.
AAC appoints new Chairman
Wednesday, 07 April 2010 00:00

After nearly six years as AAC’s first Chairman, Hatim Karimjee retired from the AAC Board following the company’s Annual General Meeting in Kampala on 7th April 2010.  Mr Karimjee provided outstanding leadership to AAC in guiding its development from a concept to a fully-fledged Investment Company, and laid the foundation for AAC’s future growth.


Mr Karimjee is succeeded as Chairman by Dr William Kalema, who joined the AAC Board in 2007 and brings with him a wealth of relevant experience. Until recently Chairman of the Kilimo Trust, Dr Kalema’s other directorships include DFCU, East African Breweries and Multichoice Uganda .

Most recently, Dr Kalema has led the formation and establishment of the major international audit and accountancy firm BDO’s offices in Uganda.