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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