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United States African Development Foundation (USADF) is a US government agency that provides seed funding and technical assistance to African-owned businesses and social enterprises. Unlike traditional venture capitalists, USADF prioritizes impact over profit, supporting ventures that address critical development challenges and promote local economic growth. Notable portfolio company: Energy+.
United States African Development Foundation (USADF)'s Latest news
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| Round | Startup | Location | Date | Amount Raised |
|---|---|---|---|---|
| Grant | Nigeria | Jan 01, 2018 | $ 50,000 | |
| Grant | Nigeria | Feb 08, 2018 | $ 200,000 | |
| Venture | Mali | Aug 13, 2020 | $ 1,000,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 |
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