Continent-Wide Trade and Investment Activity
Launched in September 2021, the USAID Africa Trade and Investment activity is USAID’s flagship contribution to the Prosper Africa initiative. Through this continent-wide effort, USAID is expanding and accelerating two-way trade and investment between African nations and the United States. The activity offers targeted advisory support and complements the full suite of tools and resources of Prosper Africa’s 17 partner agencies through customized services – from business consulting and transaction facilitation to targeted policy interventions. Working in partnership with the private sector, the activity boosts exports into the U.S. market and promotes intra-regional trade and investment across the continent.
As the Agency’s first continent-wide program in Africa, the USAID Africa Trade and Investment activity is an important tool in the Prosper Africa toolkit, catalyzing the full power of the U.S. Government’s resources to support the private sector and advance Africa’s economic progress. This work will result in more resilient and self-reliant economies through increased trade, investment, access to finance, and sustainable job creation.
Unlike traditional development programming, these activities are co-created and implemented with the private sector. A robust partnership network of more than 2,000 private sector actors drives trade and investment opportunities at a sector level and delivers development impact.
To date, the Africa Trade and Investment activity has leveraged $235.4 million in private sector co-investments to further USAID’s private sector engagement strategy and accelerate job creation, economic gains, and U.S.-Africa business growth.
USAID’s Africa Trade and Investment activity is built on partnerships. Private sector partners are encouraged to apply for subcontracts and grants with USAID to solve some of the continent’s most pressing challenges. Through the partnership, USAID will access and tap into the expertise from the private sector to spur trade and investment across the African continent. For more information, contact firstname.lastname@example.org.
Grants: Explore opportunities to partner with USAID to work towards increasing trade, driving investment, or improving the business environment.
Subcontracts: Access live subcontract opportunities that aim to mobilize U.S. private capital into Africa.
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