Prosper Africa

  • USAID is proud to be among the 17 U.S. Government departments and agencies that make up the Prosper Africa initiative, advancing two-way trade and investment between African nations and the United States.

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Africa Rising
Africa Rising
Sseko Designs, Uganda: An AGOA Success Story
Sseko Designs, Uganda: An AGOA Success Story
AGOA Madagascar Livelihoods
AGOA Madagascar Livelihoods


The Prosper Africa initiative brings together services and resources from across the U.S. Government to empower businesses with market insights, deal support, and solutions to strengthen business climates. Prosper Africa creates jobs, drives growth, and fosters shared prosperity. Businesses and investors can access the full Prosper Africa toolkit on the Prosper Africa website here. Prosper Africa offers toolkits for investing in Africa, exporting to Africa, exporting to the U.S., attracting U.S. investment, and  investing in the U.S.


USAID is one of 17 participating Prosper Africa agencies. Since June 2019, the U.S. Government has helped to close more than 800 deals across 30 African countries for a total value of over $22 billion. Credit: USAID
USAID is one of 17 participating Prosper Africa agencies. Since June 2019, the U.S. Government has helped to close more than 800 deals across 30 African countries for a total value of over $22 billion.
Since June 2019, USAID has supported African and U.S. businesses and investors in closing more than $2.8 billion in new exports and investments, and built a deal pipeline of more than $10 billion. 
USAID programs across the continent improve business environments, facilitate access to new markets and investment, and provide U.S. and African businesses with a wide range of services, including matchmaking, due diligence, and support meeting international quality standards and certification requirements. 

Through Prosper Africa, USAID is committed to fostering a two-way trade and investment partnership with Africa - based on dignity, equality, and mutual respect.


Photo of a building, photo credit is iStock
Caisse Régionale de Refinancement Hypothécaire (CRRH) – a West African mortgage refinancing company headquartered in Togo – is using Prosper Africa support to help raise more than $300 million to expand financing for West Africa’s homeowners. With technical assistance from the USAID, and a credit guarantee from the U.S. International Development Finance Corporation, CRRH will secure more than $300 million in private capital, including $256 million raised in the United States and $64 million in West Africa.


In September 2021, USAID launched a new, continent-wide Africa Trade and Investment program that will offer a wide range of customized services from investment and transaction facilitation to targeted policy interventions. A nearly half a billion dollar program over five years, pending the availability of funds, the program is expected to generate thousands of African and American jobs and deliver billions in exports and investments by 2026. The new program will provide a unified, coordinated trade and investment platform for Africa that builds on USAID’s 20+ years of experience implementing the Trade and Investment Hubs, which have been integral to actualizing the African Growth and Opportunity Act (AGOA). Learn more.

Download the Africa Trade and Investment Program Fact Sheet.


USAID’s West Africa Trade and Investment Hub co-invests with private sector partners with the potential to make a positive impact on the economy and leverage significant private investment. These businesses receive technical assistance before, during, and after their partnerships with the Trade Hub to ensure they can scale up and contribute to larger economic transformation in West Africa. The Trade Hub also supports research and development initiatives in Nigeria to introduce new ideas and technological advancements in the agriculture sector.
USAID’s Southern Africa Trade and Investment Hub leverages the power of South Africa as the driver of economic growth in the region. It increases exports from countries in the southern African region to South Africa and to the United States under AGOA, facilitating virtual trade shows and business-to-business meetings. 
Across East Africa, USAID programs are supporting efforts to expand investment in infrastructure. For example, through the USAID Kenya Investment Mechanism, the Kenya Pension Fund Investment Consortium will invest in infrastructure projects alongside U.S. investors - expanding access to infrastructure for Kenyans, improving returns for pensioners, and reducing Kenya’s reliance on Chinese debt. 

Prosper Africa Kenya Pension Funds Investment Consortium KEPFIC photo
With USAID Prosper Africa support, the Kenya Pension Funds Investment Consortium (KEPFIC) has announced it will mobilize more than $229 million for alternative asset investments such as long-term infrastructure projects and private equity by 2026. In time, this will help unlock billions of dollars in infrastructure development in Kenya and support collaboration between Kenyan and American pension funds.



USAID provides support to the African Union to operationalize the African Continental Free Trade Area, which went into effect January 1, 2021. The agreement has the potential to boost growth, reduce poverty, and broaden economic inclusion across sub-Saharan Africa. The agreement is slated to increase the incomes of nearly 68 million Africans who live on less than $5.50 a day and increase Africa’s exports by $560 billion. The United States supports AfCFTA’s objectives to lower barriers to trade and investment, expand competitiveness, attract investment, diversify trade, and increase the sale of high-value products. Through its long history of trade capacity building and marshalling U.S. private sector investment in Africa, and the nearly 20 years of trade preference benefits under the African Growth and Opportunity Act (AGOA), USAID plays a critical role in helping achieve many of the AfCFTA’s objectives.


The African Growth and Opportunity Act (AGOA) is a U.S. unilateral trade preference program that allows eligible countries in sub-Saharan Africa to export to the United States up to 6,900 products duty free, increasing trade and investments between the United States and sub-Saharan Africa. Since going into effect, AGOA has encouraged new investments, trade, and job creation in the United States and Africa. It serves as a critical market entry point for U.S. businesses, buyers, and service providers into Africa’s markets. AGOA-eligible countries are encouraged to develop National AGOA Response Strategies  to help local companies take better advantage of AGOA provisions for duty-free exports to the United States. 
USAID assistance makes it easier for African businesses to take advantage of this program. From textiles, to footwear, to cosmetics, USAID has provided technical support to African companies  now selling their goods to U.S. stores and companies like Burt's Bees, Target, Anthropologie, and Child's Play.
Amb Sullivan Burt's Bees Photo
In partnership with Burt's Bees, U.S. Ambassador Sullivan inaugurates a USAID-supported shea butter processing facility and warehouse in Ghana.

Last updated: March 09, 2022

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