H.R. 7164 · 110th Congress
Southern Africa Enterprise Development Fund Act of 2008
- Stage
- In committee
- Sponsor
- Donald Payne
- Introduced
- 2008-09-26
- Latest action
- 2008-09-26 · Introduced in House
Summary
Southern Africa Enterprise Development Fund Act of 2008 - Authorizes: (1) the Southern Africa Enterprise Development Fund (SAEDF) to conduct public offerings or private placements for the purpose of soliciting and accepting venture capital; and (2) financial returns on SAEDF investments that include a component of private venture capital to be distributed to the investors of such capital.