US African Development Foundation Invests in Young African Social Entrepreneurs

35 entrepreneurs from the 2017 Mandela Washington Fellowship will receive up to $25K in seed capital funding

35 entrepreneurs from the 2017 Mandela Washington Fellowship will receive up to $25K in seed capital funding (Picture Source: USADF.gov)

On September 6, the United States African Development Foundation announced an investment of $375,000 in seed capital funding for 35 young African social entrepreneurs for social and community change in 20 sub-Saharan countries in Africa.

Winners were selected from the 2017 Mandela Washington Fellowship program, as part of the Young African Leaders Initiative (YALI). By pairing seed capital with technical assistance, USADF is empowering young entrepreneurs who are leading the charge in investing in Africa’s economic growth. Each entrepreneur will receive up to $25,000 in start-up capital to strengthen systems that will support the growth of their enterprises – ranging from agribusiness and healthcare services, to renewable energy, waste management and technology.

Cross posted from USADF.

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