Media Development Investment Fund

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Group.png Media Development Investment Fund  
(FunderWebsiteRdf-entity.pngRdf-icon.png
Formation1996
Founder• Saša Vučinić
• Stuart Auerbach
Sponsor ofRappler, Daily Maverick, B92
Sponsored byAdessium Foundation, Fritt Ord, King Baudouin Foundation, Luminate, Open Society Foundations, Swedish Postcode Foundation

The Media Development Investment Fund (MDIF) is an investment fund giving financing to a large number of "independent" news and information businesses around the world. Formed with money from international financier George Soros and his Open Society Foundations and financed by other suspected CIA cutouts, MDIF has given low-cost loans, sophisticated management training and other assistance to organizations in Eastern Europe, the Balkans, Africa, Southeast Asia and Latin America.[1]

It is part of a large network of similar interconnected "philanthropic]]" foundations. The large number of donor foundations serves to confuse the origins of the money and the total size of the financing.

Penetrating South African media

In 2017, the Open Society Foundations acquired a majority stake in the newspaper Mail & Guardian through its Media Development Investment Fund.[2]

It also finances the Daily Maverick.


Funding

MDIF funders and investors include a wide range of organizations and individuals.[3]


 

Sponsors

EventDescription
Adessium FoundationA secretive Dutch foundation that donates to projects backed by Western governments.
Fritt OrdNorwegian grant giving foundation with Cold War origins.
King Baudouin FoundationThe Belgian royal family, which made its fortune from hand-chopping in the Congo and created the first stooge NGO the International African Association, feels the urge finance new ventures. Coordinates with of a number of similar foundations owned by billionaires or NATO countries , financing select projects.
LuminatePierre Omidyar's foundation for financing global media and civil society groups. It is unknown how close it coordinates with certain deep state US government agencies.
Open Society FoundationsA NGO operating in more countries than McDonald's. It has the tendency to support politicians (at times through astroturfing) and activists that get branded as "extreme left" as its founder is billionaire and bane of the pound George Soros. This polarizing perspective causes the abnormal influence of the OSF to go somewhat unanswered.
Swedish Postcode Foundation
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References


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