USADF has proven small-scale grants and localized development can provide sizable direct return on investment. On average, for every $10K 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! #USADFImpacts | United States African Development Foundation
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The bank, Stanbic Foundation and United States African Development Foundation unveiled seven recipients of Ksh 33million Accelerate Grant Fund. Organic Dairies, Tropical Lush Limited, Meditrust Healthcare Services., Organic Fields Limited, Tarakwo Diaries Company Limited, and Tovuti Group Limited each won Ksh 5million in grants while SunSweet Fruit Farm Products won Ksh 3million. Watch the full video here: https://bit.ly/3nCfc8G #Accelerate #FutureNiDigital #ItCanBe #PartneringForGrowth | Stanbi
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For over 50 years, the African Development Fund has fuelled economies in Africa. It is more than a fund—it's a growth catalyst that builds comprehensive infrastructure, transforms economies, creates jobs, and develops supply chains locally and internationally. WATCH ⬇️ --- Depuis plus de 50 ans, le Fonds africain de développement stimule les économies du continent. Bien plus qu'un mécanisme de financement, il agit comme un catalyseur de croissance, en finançant des infrastructures structurantes
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This week, USADF had the pleasure of hosting Catherine Shembilu, Founder and MD of Vikapu Bomba. After completing the AWE Program in 2021, she received a US$10K USADF grant, supporting her to train over 150 rural women artisans in Iringa and Njombe, Tanzania. This empowered them to create high-quality handwoven baskets, significantly increasing their income, expanding their farming businesses, and creating jobs for reed suppliers, thus boosting Tanzania’s basket weaving industry. 🇹🇿 Building o
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