Promising African development fund collapses

by Barry Meier and Ron Nixon

The initiative began two decades ago, with the best of intentions, after apartheid fell and southern Africa’s future brightened.

Today that program, the Southern Africa Enterprise Development Fund, is in its death throes, apparently victimized by mismanagement, insider dealings and a lack of oversight by federal officials. Current and former fund officials are fighting over money, and the eventual cost to American taxpayers of the fund’s missteps could run into the tens of millions of dollars, public filings indicate.

  • World Hunger Education
    Service
    P.O. Box 29015
    Washington, D.C. 20017
  • For the past 40 years, since its founding in 1976, the mission of World Hunger Education Service is to undertake programs, including Hunger Notes, that
    • Educate the general public and target groups about the extent and causes of hunger and malnutrition in the United States and the world
    • Advance comprehension which integrates ethical, religious, social, economic, political, and scientific perspectives on the world food problem
    • Facilitate communication and networking among those who are working for solutions
    • Promote individual and collective commitments to sustainable hunger solutions.

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