S. 1295 would amend the African Development Foundation Act to change the name of the Foundation, and it would modify the administrative authorities of the Foundation.
Detailed Summary
African Development Foundation Act of 2007 - Amends the African Development Foundation Act to rename the African Development Foundation as the United States African Development Foundation.
Increases individual project funding limits.
Authorizes the Foundation to make awards to qualifying small- or medium-sized entities that are not wholly owned or controlled African entities.
Authorizes (currently, requires) the Foundation's Board of Directors to establish an advisory council.
Status of the Legislation
Latest Major Action: 5/3/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Foreign Relations.
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Points Against
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