Skip to content

Philanthropy Used as a Tool to Empower African Firms

The African Visionary Fund was founded in 2020 with a mission to unleash breakthrough impact by driving resources to high-impact African founders. AVFund is tackling inequities and righting the power imbalances in philanthropy by offering unrestricted, unburdensome funding to African visionaries. The African Visionary Fund has announced that it has committed over US$1 million in general operating support grants to six organizations over a three-year period. All six organizations are African-led and work across a variety of key sectors such as education, health, human rights and livelihoods. The six organizations joining the AVFund portfolio are: Barefoot Law, Dandelion Africa, Rays of Hope, SaCoDé, Shule Direct and Wezesha Impact. In the selection process, the AVFund was looking for organizations with shared values and that are taking an innovative approach in the execution of their mission and pioneering as they deliver deep, systemic, community-rooted change.

SOURCE: TRUE AFRICA