African Foundation for Development
African Foundation for Development (AFFORD) is a UK-registered charity founded in 1994 that mobilizes the African diaspora for African development through SME incubation, diaspora finance and remittance instruments, policy advocacy, heritage restitution, and a global membership community across the UK, Europe, and West and Central Africa.
- Company typePrivate
- Founded1994
- HeadquartersShoreditch, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What African Foundation for Development does
African Foundation for Development (AFFORD) is a UK-registered charity (Charity Number 1104682; Company Number 04772972), founded in 1994 and headquartered at the Rich Mix Building in Shoreditch, London, with additional offices in Brussels and Freetown, Sierra Leone. Its mandate is to expand and enhance the contributions of Africans in the diaspora to African development through financial, intellectual, and political mobilization, organized around five programme pillars: the AFFORD Business Centre (ABC), AFFORD Diaspora Finance (including the RemitAid™ and RemitPlus™ remittance instruments), the Return of the Icons heritage campaign, the AFFORD Institute for policy and research, and the AFFORD Connect membership community.
AFFORD's core operating model is community-led and event-driven, anchored by flagship annual convenings such as African Diaspora and Development Day (AD3) and the Diaspora Engagement Forum (DEF). It delivers diaspora entrepreneurship programming through ABC West Africa (a €3 million Swiss-funded 2021–2025 programme covering Benin, Ghana, Nigeria, and Senegal with a €400,000 match-fund) and the ABC-DRC: BRIDGE FCDO-funded SME accelerator (January–March 2026). The organization also pioneered the AFFORD Diaspora Direct Investment (DDI) Index for The Gambia, a measurement framework with stated intent to scale across African countries, and maintains co-secretariat status for the APPG on Afrikan Reparations and the APPG on Diaspora, Development and Migration.
Funding is primarily grant-based, sourced from institutional donors including the Swiss Agency for Development and Cooperation (SDC), UKAid/Comic Relief via CGI, the Pharo Foundation, the Noel Buxton Trust, FCDO, Enabel (Belgian Development Agency), and Friedrich-Ebert-Stiftung. Commercial revenue is minimal, generated from paid AFFORD Connect memberships (£8/month Changemaker tier) and Resource Centre room hire. AFFORD states it has helped unlock more than £100 million for diaspora causes through its advocacy work, and the organization operates with a team of 11–50 staff across the UK, Europe, and West/Central Africa.
African Foundation for Development firmographics
Firmographics- Name
- African Foundation for Development
- Legal name
- African Foundation for Development (AFFORD)
- Website
- https://afford-uk.org
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- African Foundation for Development (AFFORD) is a UK-registered charity founded in 1994 that mobilizes the African diaspora for African development through SME incubation, diaspora finance and remittance instruments, policy advocacy, heritage restitution, and a global membership community across the UK, Europe, and West and Central Africa.
- Ownership category
- akta.pro rank
African Foundation for Development industry classification
Industry- Product category
- Diaspora Development Services
- NAICS
- Grantmaking and Giving Services (81321), Grantmaking Foundations (813211), Social Advocacy Organizations (8133), Other Grantmaking and Giving Services (813219)
- SIC
- Services-Social Services (8300), International Affairs (9721)
- akta.pro primary industry
- International Grantmaking & Development Foundations (BPAGAKAH)
- akta.pro secondary industries
- Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building) (BPAGALAJ), Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB), Social Justice & Human Rights Grantmaking Foundations (BPAGAKAN), Rural Livelihoods & Economic Empowerment (BPAGABAA)
Keywords
Where African Foundation for Development is headquartered
LocationHeadquarters
- HQ city
- Shoreditch
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
African Foundation for Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Technology or R&D
Revenue model
- Grants and Donor Funding: AFFORD is a registered charity (Charity Number: 1104682) funded primarily through grants from institutional donors and foundations. Major funders include Swiss Agency for Development and Cooperation (SDC), UKAid/Comic Relief through CGI, Pharo Foundation, Noel Buxton Trust, FCDO, European Commission, Belgian Development Agency (Enabel), and others. The organization discloses having helped unlock more than £100 million for diaspora causes and activities.
- Membership Fees: AFFORD Connect membership programme with a Changemaker tier at £8/month providing enhanced benefits including workshops, networking events, roundtables, and priority access to programmes. Community membership is free.
- Donations: Individual donations accepted via PayPal and GlobalGiving. The organization runs an AFFORD@30 campaign targeting £300,000 over 12 months. Donations are non-refundable and sponsorships are not conditional on activity completion.
- Room Hire and Facility Rental: The ABC Resource Centre in Shoreditch offers meeting room and workshop space hire at competitive prices. The Resource Centre seats 25 theatre-style, 12 boardroom-style, and 16 classroom-style. The Small Meeting Room seats 6. Equipment including laptops, projectors, screens, and flip charts are provided free of charge.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Community Member — Free membership tier |
| Subscription | Monthly | Changemaker Member — £8/month paid membership |
Go-to-market motion2 records
Distribution channels8 records
Marketing channels13 records
African Foundation for Development product offering
Product offeringCore offering
African Foundation for Development (AFFORD) is a UK-registered charity that mobilizes African diaspora financial, intellectual, and political assets for African development. It delivers programmes through the AFFORD Business Centre (ABC) supporting diaspora entrepreneurs, AFFORD Diaspora Finance (including RemitAid and RemitPlus remittance instruments), the AFFORD Institute for policy and action research, the Return of the Icons heritage restitution campaign, and AFFORD Connect as a membership community. Services include SME incubation, training, mentorship, match-funding, policy advocacy, publications, and convening of diaspora-focused events.
Product overview
AFFORD operates as a diaspora-focused development organization with a portfolio of interconnected programmes. The core offerings include the AFFORD Business Centre (ABC) as the primary platform for diaspora entrepreneurs, AFFORD Diaspora Finance for investment and remittance instruments (including RemitAid™ and RemitPlus™), the AFFORD Institute for policy and research, and Return of the Icons for heritage advocacy. AFFORD Connect provides membership community services, while ABC West Africa delivers country-specific SME support across Benin, Ghana, Nigeria and Senegal. The Diaspora Finance Initiative (DFI) and DDI Index extend the investment focus to additional African nations.
Differentiator
Problem solved
Functional benefit
Brands
- AFFORD Business Centre (ABC): An African focused business community in the UK providing a pathway for diaspora entrepreneurs to access AFFORD's links, knowledge, programmes and networks. Offers business support, legal consultations, workshops, and networking opportunities.
- AFFORD Diaspora Finance
- Return of the Icons
- AFFORD Institute
- AFFORD Connect
- Diaspora Finance Initiative (DFI)
Products and services
- AFFORD Business Centre (ABC) African-focused business community in the UK providing a pathway for diaspora entrepreneurs to access AFFORD's links, knowledge, programmes, and networks. Offers business advisor access, workshops, legal consultations (including with Morrison & Foerster), networking events, and connections to ABC country partners in Africa.
- AFFORD Diaspora Finance Programme portfolio maximising the impact of diaspora financial and skills investment into Africa through grants, match-funding, the RemitAid and RemitPlus remittance instruments, and philanthropy/giving support for diaspora initiatives.
- Return of the Icons Initiative exploring conversations around African human remains and cultural artefacts held by UK museums, advocating for their eventual return to countries of origin. Delivered through the DPPN network, APPG-AR secretariat, publications, and community engagement.
- AFFORD Institute Policy elaboration and implementation arm providing evidence base for diaspora development interventions through action research, peer-reviewed publications, policy recommendations, and APPG secretariat support.
- AFFORD Connect Membership community connecting diaspora professionals, entrepreneurs, investors, and changemakers with curated opportunities, learning resources, networking events, and thought leadership initiatives. Offers Community (free) and Changemaker (£8/month) tiers.
- ABC West Africa Four-year programme (2021-2025) building on the ABC Benin pilot to harness diaspora investment to create jobs in Benin, Ghana, Nigeria and Senegal through SME support, training, mentoring and match-funding.
- Diaspora Finance Accelerator Programme Blended finance programme offering grants and alternative financing (loans and equity) to diaspora and local entrepreneurs, combined with technical support, business counselling and mentorship in Benin.
- RemitAid Remittance match funding and remittance tax relief instrument designed to transform diaspora and migrant remittances into a sustainable form of international development finance.
- RemitPlus Second remittance project designed to transform diaspora and migrant remittances into a sustainable form of international development finance, complementing RemitAid.
- AFFORD Diaspora Direct Investment (DDI) Index First-of-its-kind index measuring and tracking diaspora direct investment into African countries, initially launched for The Gambia, with plans to roll out across all African countries as an annual exercise.
- Diaspora Finance Initiative (DFI) Initiative enabling and facilitating diaspora investment in Africa, assisting potential investments in Nigeria, Rwanda, Sierra Leone and Zimbabwe through grants and business development services.
- ABC-DRC: BRIDGE Programme Incubator and accelerator programme for Democratic Republic of Congo SMEs mobilising diaspora participation as a strategic bridge for UK-DRC commercial engagement, delivered with MDF and funded by UK FCDO.
- ABC Resource Centre Room Hire Meeting room and workshop space hire at the ABC Resource Centre in Shoreditch, seating 25 theatre-style, 12 boardroom-style, 16 classroom-style, plus a Small Meeting Room for 6, with equipment (laptops, projectors, screens, flip charts) provided.
Companies that use African Foundation for Development
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles4 records
African Foundation for Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
African Foundation for Development partnerships and signals
Strategic signalPartnerships
29 partnerships are on record, tiered core and minor.
- Morrison & Foerster LLPcoreInternational law firm providing pro-bono legal consultations and workshops to ABC members. Offers one-on-one private sessions and group workshops addressing business legal queries including types of business organisation, contracts, employment law, tax, dispute resolution, and intellectual property. Consultations available in person or remotely.
- EDC – Nigeria (Enterprise Development Centre)coreBusiness development support agency in Nigeria within the ABC partner network. Provides on-the-ground support to ABC members seeking to do business in or with Nigeria. One of the ABC's expanding network of in-country business development partners.
- Empretec – ZimbabwecoreBusiness development support agency in Zimbabwe within the ABC partner network. Provides on-the-ground support to ABC members seeking to do business in or with Zimbabwe.
- PSF – Rwanda (Private Sector Federation)coreBusiness development support agency in Rwanda within the ABC partner network. Provides on-the-ground support to ABC members seeking to do business in or with Rwanda.
- MDF – BenincoreMDF (Managing to Develop Families / enterprise development organisation) operating in Benin within the ABC partner network. Also co-implements the ABC-DRC: BRIDGE programme alongside AFFORD UK, funded by FCDO and British Embassy Kinshasa.
- ConcreeminorListed as ABC partner on the ABC West Africa page. Provides business development support as part of the ABC West Africa partner ecosystem.
- Grdr Migration – Citoyenneté – DéveloppementcoreImplementing partner for PAMMOD Guinea project alongside AFFORD. Undertook mapping research of needs and expectations of the Guinean diaspora in France, Belgium, Côte d'Ivoire, and Senegal; matched Guinean diaspora experts to support SMEs; co-developed the Doing Business in Guinea guide.
- Directorate General of Guineans Abroad (DGGE)coreGuinea government body collaborating with AFFORD on the PAMMOD Guinea project. Co-presented the Doing Business in Guinea guide as a resource for diaspora investors in Guinea's MSME sector.
- International Centre for Migration Policy Development (ICMPD)coreICMPD, through the EU Global Diaspora Facility (EUDiF), is providing technical support to AFFORD to address SMEs' financing and skills gaps by developing the online fundraising capacity of African diaspora investors. Delivers tailored training for crowdfunding for SMEs in West Africa.
- GK Partners (GKP)coreSupported the development of the AFFORD Diaspora Direct Investment (DDI) Index – The Gambia alongside FES-AMPC. GK Partners brings expertise to diaspora investment measurement and index development.
- Energise AfricaminorCo-publisher (with Energy 4 Impact) of the report 'Exploring the Potential of African Diaspora Investors in Energy Crowdfunding'. Focus on mobilising diaspora capital for sustainable energy projects through crowdfunding, particularly in Ghana, Kenya, Nigeria, and Uganda.
- Energy 4 ImpactminorCo-publisher (with Energise Africa) of the diaspora energy crowdfunding report. Partnership explores how diaspora investors can mobilise capital for clean energy projects through crowdfunding platforms.
- British Embassy KinshasacoreSupported the ABC-DRC: BRIDGE programme alongside FCDO. Provided strategic oversight and diplomatic support for the UK-DRC commercial engagement dimension of the programme.
- African Union Commission – African Institute for Remittances (AIR)corePartner for the Diaspora Engagement Forum and African Diaspora & Development Day (AD3) 2024. Collaboration with AIR highlights the intersection of diaspora finance, investment policy, and continental frameworks.
- African UnioncorePartner organisation listed on Return of the Icons programme partners page. AFFORD participates in African Union forums and contributes to the AU 2063 Agenda through diaspora activism and development work.
- UNFPA (United Nations Population Fund)minorPartner organisation listed on Return of the Icons programme partners page.
- SOAS University of LondonminorAcademic partner hosting events such as the 'In Conversation with Onyekachi Wambu' at SOAS Khalili Lecture Theatre. Professor Gibril Faal from LSE facilitated an AD3 2023 event.
- University of GhanaminorAcademic partner listed on Return of the Icons programme. One of several African universities engaged in the heritage restitution programme.
- Nnamdi Azikiwe University (UNIZIK)minorAcademic partner listed on Return of the Icons programme. Partnered with AFFORD on the restitution campaign.
- Pitt Rivers MuseumminorUK museum listed as partner on Return of the Icons programme. Part of the DPPN (Diaspora Protection and Preservation Network) working on heritage preservation and restitution.
- Ghana Museums and MonumentsminorAfrican heritage institution listed as partner on Return of the Icons programme.
- Pan African Heritage MuseumminorHeritage museum listed as partner on Return of the Icons programme.
- CIDO (African Union Citizens and Diaspora Directorate)minorAU body listed as partner on Return of the Icons programme.
- Northumbria UniversityminorAcademic collaborator on the AFFORD @30 pamphlet, produced through a collaboration between AFFORD and Northumbria University as part of a wider project documenting diasporic engagement in global development since the 1960s.
- AFRIMUHERE (African Museums and Heritage Restitution)minorContinental heritage association established by the African heritage community to safeguard, promote, and facilitate restitution of African heritage. Collaborated with AFFORD on the Laying Ancestors to Rest policy briefs presenting a continental perspective.
- Diaspora Protection and Preservation Network (DPPN)minorNetwork within the Return of the Icons programme working on protection and preservation of African heritage and facilitating restitution efforts.
- Decolonising the Archives (DTA)minorPan-African organisation facilitating heritage-based therapeutic interventions for people of African heritage. Shared insights at the Laying Ancestors to Rest policy launch event as a grassroots campaign empowering community archivists.
- COPDAT – NigeriaminorEnterprise Development Centre in Nigeria, listed as partner on ABC West Africa page. Titi Adediran serves as country manager.
- Ades Foundation – NigeriaminorBeneficiary of the ABC Benin programme, with Olushola Umar (food technician) featured preparing melon seed processing operations as part of the programme's job creation impact.
Scale indicators5 records
Recent moves11 records
African Foundation for Development competitors and assessment
Company assessmentBroad incumbents
- UK Community Foundations: Umbrella network of UK community foundations providing grantmaking and giving services domestically. Compares to AFFORD's grantmaking and giving services but focused primarily on UK local communities rather than international development.
- Ford Foundation: Large US-based philanthropic foundation with global programmes including migration, inequality and African development. Operates broadly in the same philanthropic space as AFFORD but with significantly larger resources and a wider thematic portfolio.
- Open Society Foundations: Major global foundation funding migration, governance, and rights initiatives, including African diaspora work. Comparable philanthropic mission and grantmaking approach, but at far greater scale and across more thematic areas.
- Mastercard Foundation: Large foundation focused on education and financial inclusion in Africa. Overlaps with AFFORD's SME and enterprise development work but operates at a much larger scale and with a primarily pan-African rather than diaspora-led framing.
- IOM - International Organization for Migration: UN-related intergovernmental organisation leading global migration policy and programmes. Operates broadly in diaspora and migration-development space, with overlapping concerns in diaspora finance and policy advocacy at a far larger institutional scale.
Direct peers
- African Development Foundation (US ADF): US government independent agency providing grants to African enterprises and community-based organisations. Comparable mission of catalysing African development through targeted grants and diaspora-linked investment, with similar SME-support programme design.
- International Centre for Migration Policy Development (ICMPD): Intergovernmental organisation working on migration and diaspora policy. ICMPD is also an active partner of AFFORD through EUDiF, but as a peer it shares the diaspora-development policy niche with overlapping programmes in capacity-building and policy advice.
- Migration Policy Institute (MPI): Think tank producing policy research on migration and diaspora engagement globally. Comparable to AFFORD's AFFORD Institute policy work, including migration-development linkages, diaspora investment analysis, and government advisory outputs.
- Trust Africa: Pan-African foundation that provides grants and capacity-building support to African civil society. Directly comparable to AFFORD as a grantmaking foundation focused on African development, with similar donor base and grantmaking mechanisms.
- European Centre for Development Policy Management (ECDPM): Thinks tank focused on EU-Africa policy, including diaspora engagement for development. Comparable to AFFORD's policy elaboration and research outputs, with similar convening role in European development policy discussions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
African Foundation for Development social profiles
Digital presenceAfrican Foundation for Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
African Foundation for Development leadership team
Management profileNumber of profiles
Profiles8 records
African Foundation for Development funding detail
Funding detailFunding overview
Funding rounds
Investors
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African Foundation for Development M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about African Foundation for Development
What does African Foundation for Development do?
African Foundation for Development (AFFORD) is a UK-registered charity that mobilizes African diaspora financial, intellectual, and political assets for African development. It delivers programmes through the AFFORD Business Centre (ABC) supporting diaspora entrepreneurs, AFFORD Diaspora Finance (including RemitAid and RemitPlus remittance instruments), the AFFORD Institute for policy and action research, the Return of the Icons heritage restitution campaign, and AFFORD Connect as a membership community. Services include SME incubation, training, mentorship, match-funding, policy advocacy, publications, and convening of diaspora-focused events.
Is African Foundation for Development a public or private company?
African Foundation for Development is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was African Foundation for Development founded?
African Foundation for Development was founded in 1994. It employs 11 to 50 people.
Where is African Foundation for Development based?
African Foundation for Development is headquartered in Shoreditch, United Kingdom, in the Europe region.
How does African Foundation for Development make money?
Four revenue lines are on record. Grants and Donor Funding is the primary driver. The others are membership Fees, donations and room Hire and Facility Rental.
Who are African Foundation for Development's main competitors?
Broad incumbents on record are UK Community Foundations, Ford Foundation, Open Society Foundations, Mastercard Foundation and IOM - International Organization for Migration. Direct peers are African Development Foundation (US ADF), International Centre for Migration Policy Development (ICMPD), Migration Policy Institute (MPI), Trust Africa and European Centre for Development Policy Management (ECDPM).
Does African Foundation for Development have an API?
No public API is recorded for African Foundation for Development.
What industry is African Foundation for Development in?
African Foundation for Development's product category is Diaspora Development Services. Its primary akta.pro industry code is BPAGAKAH, International Grantmaking & Development Foundations, with a secondary code of BPAGALAJ, Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building). Its NAICS code is 81321 and its SIC code is 8300.