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Washington, D.C. - July 4, 2008 Camel Herders in Mauritania to Receive Support from New US Government Programs
-- The United States African Development Foundation (USADF) has announced the launch of two special programs for Mauritania. The foundation will provide funding for two economic development projects valued at $500,000. Listen to interview on new Mauritania projects -(WMA)
BUJUMBURA, BURUNDI - June 24, 2008 Burundi’s flower industry has been given a much needed helping hand in the form of a US$250,000 interest free loan from the United States of America African Development Foundation (USADF).
MAYANGE, RWANDA - April 22, 2008 ... it is quite clear that an investment need not be in the billions to have a very real and potentially far-ranging impact...
(Additional information and photos of this USADF project can be viewed at Rwanda Projects (see project number 1794 - Turwanyubukene Farmers Cooperative -TFC).
DAR ES SALAAM, Tanzania - March 10, 2008 Africa's potential seen lost on U.S. -- "The kind of companies that are experiencing rapid growth, well beyond the possibilities in any other geography, are cell phone companies, regional banks and infrastructure related companies," said Jon Halverson, the Tanzania representative for the U.S. African Development Foundation (ADF), which provides seed grants to growing African entrepreneurs.”
DAR ES SALAAM, Tanzania - March 10, 2008 Tanzania embraces an entrepreneurial, capitalist spirit - Most of ADF's $30 million annual budget goes toward grants and loans for small businesses in Africa. Grants are given to help entrepreneurs with good ideas and marketable products get their business off the ground.
WASHINGTON, D.C. - February 26, 2008 President Bush Discusses Trip to Africa at Leon H. Sullivan Foundation and expresses appreciation to Lloyd Pierson, President and CEO of the African Development Foundation.
DAR ES SALAAM, Tanzania - February 18, 2008 "They need to take ownership of these efforts or it's not sustainable," Mr. Brehm said. "You want to create opportunity for people and then that's their springboard to social and financial independence. The only thing they need is capital."
CONAKRY, GUINEA - December 7th, 2007 Linking Local SMEs to Mining Sector Growth -- The Guinea Alumina Corporation (GAC) and the United States African Development Foundation (USADF), an independent United States Government agency, announced at a signing ceremony the investment of $1 million USD in six Guinean Small and Medium-sized Enterprises (SMEs) in order to deliver employment and social benefits to the communities affected by the bauxite industry.