UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-14 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (FOR REORGANIZATION OF THE CALVERT NEW AFRICA FUND INTO THE CALVERT SOUTH AFRICA FUND) [ X ] PRE-EFFECTIVE AMENDMENT NO. 7 [ ] POST-EFFECTIVE AMENDMENT NO.__ (CHECK APPROPRIATE BOX OR BOXES) CALVERT IMPACT FUND, INC. REGISTRANT'S TELEPHONE NUMBER (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) (301) 951-4800 ADDRESS OF PRINCIPAL EXECUTIVE OFFICES DATE OF EFFECTIVENESS: 4550 MONTGOMERY AVENUE February 26, 2001 SUITE 1000N BETHESDA, MD 20814 NAME AND ADDRESS OF AGENT FOR SERVICE: WILLIAM M. TARTIKOFF, ESQ. 4550 MONTGOMERY AVE. SUITE 1000N BETHESDA, MD 20814 Per Rule 481(a) of the 1933 Securities Act, please note that the registration statement for the Calvert South Africa Fund shall be offered to the public on March 29, 2001. Notice of Special Meeting of Shareholders, President's letter, Question and Answer, Prospectus, Proxy Statement, Agreement and Plan of Reorganization, Statement of Addition Information for Calvert South Africa Fund, Inc. incorporated by reference to Registrant's Post-effective N-14 Amendment No. 5 on Form N-14, dated February 23, 2001, accession number 0001121624-01-000017. Part C: incorporated by reference to Registrant's Post-effective N-14 Amendment No. 5 on Form N-14, dated February 23, 2001, accession number 0001121624-01-000017. SIGNATURES Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed on behalf of the Registrant by the undersigned, thereto duly authorized in the City of Bethesda, and the State of Maryland on the @1st day of December, 2000. CALVERT IMPACT FUND, INC. by: /s/ Barbara J. Krumsiek Barbara J. Krumsiek, President SIGNATURES Pursuant to the requirement of the Securities Act of 1933, this Registration Statement for Calvert Impact Fund, Inc. has been signed below by the following persons in the capacities indicated on December 19, 2000. ** Director 12/19/00 Rebecca L. Adamson ** Director 12/19/00 Miles Douglas Harper, III ** Director 12/19/00 Joy V. Jones ** Director 12/19/00 Barbara J. Krumsiek ** Director 12/19/00 D. Wayne Silby ** Signed by Ivy Wafford Duke pursuant to power of attorney. /s/Ivy Wafford Duke