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LSDefine

Simple English definitions for legal terms

African Development Foundation

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A quick definition of African Development Foundation:

The African Development Foundation (ADF) is a nonprofit organization that helps poor people in African countries by providing grants and loans to support their self-help efforts. The foundation was established in 1984 and operates under the African Development Foundation Act. ADF supports peaceful activities that enable African people to develop more fully.

A more thorough explanation:

The African Development Foundation (ADF) is a non-profit federal foundation that provides support to poor people in African countries. It does this by making grants and loans to African entities that engage in peaceful activities that help African people develop more fully.

The ADF was established in 1984 by the African Development Foundation Act. Its mission is to promote economic and social development in Africa by empowering local communities and individuals to take charge of their own development.

For example, the ADF might provide a grant to a group of farmers in a rural village to help them purchase new equipment and improve their farming techniques. This would enable them to increase their crop yields and generate more income for their families and community.

Another example might be a loan guarantee to a small business owner in a city, allowing them to expand their business and create new jobs for local residents.

These examples illustrate how the ADF works to support self-help efforts in African countries, helping people to improve their lives and build stronger communities.

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