Mount Meru Hotel, Tanzania, refurbished

The SAEDF was established in 1994 by former US President Bill Clinton, former President Nelson Mandela, and the US Congress for the specific purpose of providing funding to stimulate the creation and expansion of small- and medium-sized indigenous businesses throughout southern Africa.

SAEDF provides wholesale and retail long-term risk capital to promising enterprises from indigenous groups that might otherwise have been ignored by potential investors in the general marketplace. It also co-invests with other institutions or organisations that share the same investment objectives.