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United States African Development Foundation (Usadf) Tenders

United States African Development Foundation (Usadf) Tenders

The U.S. African Development Foundation (USADF) is an independent U.S. government agency established by Congress in 1980 to invest directly in African grassroots enterprises and social entrepreneurs. USADF's investments increase incomes, revenues, and jobs by promoting self-reliance and market-based solutions to poverty. USADF creates pathways to prosperity for marginalized populations and underserved communities in the Sahel, Great Lakes, and the Horn of Africa. It partners with African governments, other U.S. government agencies, private corporations, and foundations to achieve transformative results. The U.S. African Development Foundation measures grant success in terms of jobs created and sustained, household and enterprise incomes increased, and grantee organizations strengthened. For Fiscal Year 2021, Congress provided USADF $33 million to carry out activities. By the time of its 40th anniversary in December 2020, USADF had invested over $265 million via nearly 4,000 grants to African enterprises and impacted over 10 million lives. A study by Foreign Policy Analytics in 2020 determined that for every $10,000 in USADF grant funding in Africa, 25 workers are hired in the agriculture sector and 19 by youth-led enterprises, while 79 people are connected to electricity.

501171 Live Notices for United States African Development Foundation (Usadf)

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