Founded | 1980 |
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Legal status | Federal agency of the United States |
Headquarters | Washington, D.C. |
Coordinates | Coordinates: 38°54′04″N 77°01′56″W / 38.9010349°N 77.0322568°W |
Area served
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Benin, Botswana, Burkina Faso, Burundi, Democratic Republic of Congo, Guinea, Kenya, Liberia, Malawi, Mali, Mauritania, Niger, Nigeria, Rwanda, Senegal, Somalia, South Sudan, Tanzania, Uganda, Zambia, and Zimbabwe |
Methods | $30 million appropriated funds in FY 2016, $53 million invested in 500 active enterprises in 20 African countries. $80 million in new economic activities in underserved communities in Africa. |
Chair of the Board of Directors
|
Jack Leslie |
C.D. Glin | |
Slogan | Creating pathways to prosperity for underserved communities in Africa |
Mission | To support and invest in African owned and led enterprises which improve lives and livelihoods in poor and vulnerable communities in Africa. |
Website | www |
The United States African Development Foundation (USADF) is an Independent United States Government Agency that provides grants of up to $250,000 for operational assistance, enterprise expansion and market linkage to early stage agriculture, and energy and youth-led enterprises that benefit underserved communities in Sub-Saharan Africa.
The U.S. African Development Foundation measures grant success in terms of jobs created and sustained, increased income and food security levels, and improved social conditions. In 2016 The U.S. African Development Foundation was given $30 million for new project grants in 20 countries, with an active portfolio of $53 million invested in 500 enterprises. In 2016, U.S. African Development Foundation grants benefited 1,200,000 livelihoods in sub-Saharan Africa, 54% of which are women.
Created by an Act of Congress in 1980, the African Development Foundation began program operations in 1984. It has since provided financing to more than 1,700 small enterprises and community-based organizations.
The budget of the U.S. African Development Foundation is funded through annual United States government appropriations for foreign operations. The U.S. African Development Foundation is governed by a board of directors that includes seven members who are nominated by the President of the United States, confirmed by the United States Senate, and operated by a President/CEO.
The U.S. African Development Foundation operates in Benin, Botswana, Burkina Faso, Burundi, Democratic Republic of Congo, Guinea, Kenya, Liberia, Malawi, Mali, Mauritania, Niger, Nigeria, Rwanda, Senegal, Somalia, South Sudan, Tanzania, Uganda, Zambia, and Zimbabwe and has reach in over 30 countries with its grants program to youth-led enterprises.