African Development Foundation

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African Development Foundation
Not to be confused with African Development Bank or African Development Fund. The African Development Foundation (ADF or USADF) is an independent United States Government agency and corporation that provides African-owned small enterprises in  Sub-Saharan Africa with investment capital to expand their production; develop new, high-value products; achieve profitability and sustainability; and trade in the global marketplace. Created by an Act of Congress in 1980, ADF began program operations in 1984. It has since provided financing to more than 1,600 businesses and community-based organizations.
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African Development Foundation
ADF provides economic assistance to groups and institutions involved in
development projects at the local level. The foundation's assistance,
designed as a complement to the U.S. foreign aid program, is awarded only
to native African organizations and individuals. ADF is a U.S. public
corporation which was established by Congress in 1980 (became operational
in 1984); headquarters are in Washington, D.C.


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