United States African Development Foundation (USADF) logoUnited States African Development Foundation (USADF)

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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+.

Type
Impact Investor

United States African Development Foundation (USADF)'s Portfolio in Africa

United States African Development Foundation (USADF) has made over 1 notable investments in African startups. Their most recent investment was in Energy+, announced on August 13th, 2020.
United States African Development Foundation (USADF)'s Latest news
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United States African Development Foundation (USADF)'s Investment activity in Africa

With over $1M invested in African startups, their latest investment was a Venture round in Energy+, announced on August 13th, 2020, closing at $1M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Venture
Energy+
MaliAug 13, 2020$ 1,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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United States African Development Foundation (USADF)'s Investment Distribution in Africa.

United States African Development Foundation (USADF)'s currently has Startuup investments spread across the following location(s)

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