African Visionary Fund announces $1M in grants
Only 5.2% of U.S. foundation funding for Africa goes to organizations led by Africans. Proximity matters in improving lives, and African leaders who are rooted in the communities they serve are best positioned to deliver results. Hosted at KBFUS, the African Visionary Fund aims to correct this imbalance and offers unrestricted funding to high-impact organizations led by African visionaries. The Fund announced its first $1 million in grants to six organizations in Africa.