Prosper Africa Blog
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Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows.
Follow the Prosper Africa blog for their latest interviews and stories featuring investors and business leaders across the African continent and the United States.
Prosper Africa Blog
3d ago
Washington, D.C. — Prosper Africa Coordinator British A. Robinson will be in Kenya from April 22-27, leading a U.S. investor delegation to the fourth annual American Chamber of Commerce (AmCham) Business Summit. While in Kenya, Coordinator Robinson will deliver remarks at the AmCham Business Summit along with the U.S. Department of Commerce Secretary Gina Raimondo, U.S. Ambassador to Kenya Meg Whitman, and U.S. Trade and Development Agency Director Enoh Ebong.
“Prosper Africa is mobilizing large scale private capital from institutional investors like pension funds, family offices, high ..read more
Prosper Africa Blog
1M ago
Today, Deputy Administrator Isobel Coleman announced the launch of the Africa Trade Desk, a signature trade platform from Prosper Africa that links large U.S. food retailers to African producers. The announcement was made during the Atlanta Phambili: A Trade & Investment Gateway to Africa & South Africa event, an event highlighting the economic relationship between the United States and Africa, with a spotlight on South Africa.
The Africa Trade Desk, a public-private partnership between Prosper Africa and Afritex Ventures, is set to facilitate at least $300 million in export sales betw ..read more
Prosper Africa Blog
4M ago
WASHINGTON, D.C. – To mark the one-year anniversary since last December’s U.S.-Africa Leaders Summit, the U.S. Government’s Prosper Africa released today a groundbreaking Deal Book that demonstrates that the United States is catalyzing significant progress in trade and investment, citing the successful closure of 547 new deals totaling an estimated value of $14.2 billion in two-way trade and investment between the United States and African countries. The new figures represent an increase of 67 percent in the number and value of closed deals over 2022.
This Deal Book provides a snapshot o ..read more
Prosper Africa Blog
5M ago
Prosper Africa Coordinator British A. Robinson is participating in the United Nations Climate Change Conference (COP28) and Milken Summit from December 3 – December 12, in Dubai, United Arab Emirates.
COP28 will bring together governments, private sector and civil society from around the world to strengthen efforts to achieve shared climate goals and deliver on commitments to address the global climate crisis.
An estimated $3-5 trillion annually in climate finance by 2030 is required to effectively respond to the climate crisis worldwide. Prosper Africa will join with U.S. government par ..read more
Prosper Africa Blog
5M ago
Washington, D.C. – Prosper Africa and ANKA announced today the launch of the ANKA Growth Club, a transformative nine-month virtual accelerator program designed to boost African exports from the creative industries, including fashion, beauty, textiles, art, and home goods, to the United States.
Through this partnership, Prosper Africa will connect African brands with U.S. buyers to increase two-way trade and investment in these creative industries. The ANKA Growth Club is an activity under the Prosper Africa Buyer-Supplier Network.
High-growth companies in the African creative industries ..read more
Prosper Africa Blog
5M ago
Johannesburg, South Africa – British A. Robinson, Prosper Africa Coordinator, will join a high-level U.S. government delegation to attend the 20th U.S.-sub-Saharan Africa Trade and Economic Cooperation Forum on November 2-4, in Johannesburg, South Africa.
The Forum, known as the Africa Growth and Opportunity Act (AGOA) Forum, is an annual gathering of leaders from the United States and African AGOA-eligible countries, business, and civil society to discuss deepening trade and investment ties between the United States and sub-Saharan Africa.
Enacted in 2000, the U.S.-Africa trade law prov ..read more
Prosper Africa Coordinator British A. Robinson to Travel to AGOA Forum in Johannesburg, South Africa
Prosper Africa Blog
5M ago
For Immediate ReleaseOctober 27, 2023
Prosper Africa Coordinator British A. Robinson will travel to participate in the 20th U.S.-sub-Saharan Africa Trade and Economic Cooperation Forum on November 2-4, in Johannesburg, South Africa.
The Forum, known as the Africa Growth and Opportunity Act (AGOA) Forum, is an annual gathering of leaders from the United States and African AGOA-eligible countries, business, and civil society to discuss deepening trade and investment ties between the United States and sub-Saharan Africa. This year’s Forum comes at a pivotal time as the AGOA legislation is s ..read more
Prosper Africa Blog
5M ago
San Francisco, CA – Kenyan President William Ruto addressed leading U.S. technology companies and investors Friday at a U.S.-Kenya Business Roadshow in San Francisco organized by the U.S. Government’s Prosper Africa initiative and the U.S. Embassy in Kenya.
The roadshow highlighted the business and investment potential in Kenya’s booming tech sector. Participating U.S. companies included Microsoft, Cisco, IBM, Kyosk, SunCulture, and more.
The event, held at the Mission Bay Conference Center, was part of a three-city U.S.-Kenya Roadshow tour showcasing opportunities for companie ..read more
Prosper Africa Blog
5M ago
Chicago, IL – U.S. and Kenyan companies in the agriculture sector announced $12.8 million in new co-investments today during a U.S.-Kenya Business Roadshow hosted by the U.S. government’s Prosper Africa initiative and the U.S. Embassy in Kenya.
The event in Chicago gathered leading U.S. businesses and investors, along with a high-level delegation of Kenyan government officials, to draw attention to the trade and investment potential in Kenya’s agriculture sector. Participants included Land O’Lakes, John Deere, Hello Tractor, Boeing, Equity Bank, and Victory Farms, among others.
Deliv ..read more
Prosper Africa Blog
5M ago
In December 2022, President Biden hosted leaders from across the African continent for the U.S.-Africa Leaders Summit in Washington, DC. At the Summit, business and government leaders committed to catalyze trade and investment deals and partnerships which will create jobs and foster shared prosperity for people across the African continent and the United States.
Today at the U.S.-Africa Business Summit hosted by the Corporate Council on Africa and the Government of Botswana, the U.S. delegation announced that since the U.S.-Africa Leaders Summit in December, the Biden-Harris Administratio ..read more