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Prosper Africa, a U.S. Presidential national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa, has committed USD 5 million to ImpactA Global, a women-led Emerging Markets infrastructure debt investor. Prosper Africa and ImpactA Global are aligned in their ambitions to address the critical infrastructure deficit and unlock private […]
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Today, at the Concordia Summit, Prosper Africa Coordinator British A. Robinson, alongside key partners Invesco, ImpactA Global, and Legal & General, announced two catalytic capital awards aimed at mobilizing over $800 million in private investment for resilient infrastructure and adaptation finance in Africa. These announcements mark a significant step in driving mainstream institutional investment into […]
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Averaging around 4.4 births per woman, Senegal has one of the highest fertility rates in the world. Yet pregnancy is risky, especially in rural areas where as many as one in 19 women will die in childbirth. In addition, the lack of access to healthcare facilities significantly contributes to medical deserts. For some women, accessing […]
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Since the start of the Biden-Harris Administration in January 2021, the U.S. government, in support of the Prosper Africa Initiative, has closed 1,695 deals valued at $63.5 billion in 41 African countries. In the calendar year 2021, at the start of the Biden-Harris Administration, the U.S. Government facilitated 262 deals valued at $3.1 billion. Just in the […]
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Countries across West and Central Africa, and especially Chad, Nigeria, Mali, and Niger, have been hit by the most severe flooding in decades, leaving up to four million people in urgent need of humanitarian aid. That is a more than threefold increase from the total number of people affected by flooding in the region last […]
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Today, the United States, through USAID, announced $2 million in additional humanitarian assistance in response to widespread flooding in Chad. Since late July, ongoing heavy rainfall and subsequent flooding in Chad has impacted nearly 1.5 million people countrywide, resulted in the deaths of at least 341 people, washed away livelihoods, and compounded significant pre-existing humanitarian […]
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Roughly 57 percent, or 600 million, of the population in Sub-Saharan Africa do not have access to reliable and consistent power. USADF’s off-grid energy grants promote market-based solutions that connect people to electricity. Over the past five-year period (2017-2021), we provided over US$11 million in grant funding to more than 100 African enterprises to bring […]
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Via our Youth Entrepreneurship Portfolio over the last five years USADF has invested more than $4 million dollars in over 250 early stage African social entrepreneurs. Mmabatho Mokiti is a social impact entrepreneur in Johannesburg, South Africa. As the founder of Mathemaniacs, a math and science education company, and DreamGirls Academy, a mentoring program for […]
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USADF builds pathways to self-reliance and prosperity by taking the lead from African social entrepreneurs and enterprises on their development needs and solutions. Over the past five year period (2019-2023), USADF awarded US$24.3 million in grants to over 500 African enterprises for job training and placement programs, allowing women and youth to obtain new skills […]
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Good afternoon. I am grateful to be joining you all today in Addis Ababa, after a robust visit to Kenya. Earlier today, I had productive and timely discussions with Foreign Minister Taye, Minister of Justice Gedion, and non-governmental partners on the rule of law, accountability, humanitarian cooperation, and the sanctity of human rights. The United […]
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