Prosper Africa

In London, Prosper Africa Coordinator, British Robinson met with the CEO of the Children's Investment Fund Foundation, Kate Hampton, and representatives from the Growth Firms Alliance, Lion's Head Global Partners and others to discuss innovative financing tools, the catalytic investment portfolio and continued collaboration, including support for the Catalytic Pooled Fund through AVPA's Africa Social Impact Exchange. James Wells Cameron Khosrowshahi Greta Schettler

Strengthening US-Africa trade ties holds immense potential for driving economic growth and creating new opportunities across America and the continent.

Exciting news - Deadline Extended! The Prosper Africa Tech for Trade Alliance has extended the call for applications deadline to December 31st, 11:59 PM! If you're a technology company with a presence in Africa, don’t miss this opportunity to receive grant money for innovative projects that drive trade and digital transformation in Africa. Apply now! Link to Call for Applications here. https://bit.ly/3DlOWJT

Two years after the 2022 U.S.-Africa Leaders Summit, Prosper Africa and its 17 participating U.S. departments and agencies have been instrumental in helping drive over $62 billion of U.S.-Africa trade and investment, creating jobs, fostering innovation, and building resilient economies for Americans and Africans. Notable achievements include: ✅Funded several initiatives to boost two-way trade and investment for key markets in Kenya, South Africa, and Morocco, to include the “Why Kenya, Why Africa” Roadshow, the launch of Atlanta Phambili with South African business and government leaders in Atlanta, and the U.S.-Morocco Venture Capital Forum. ✅ Launching the Catalytic Investment Facility, providing first-loss and operational funding to 10 African asset managers to mobilize $600M for African startups. ✅With USAID and the U.S. Department of State provided $10 million, seeding a $100 million balance sheet under the Green Guarantee Company (GGC), the first-ever privately run guarantee company devoted to catalyzing green bonds and loans focusing on Africa. ✅ Prioritizing Diaspora-led successes, such as Cybastion’s $800M partnership with Cisco ✅Supporting, with U.S. International Development Finance Corporation, a $275M housing deal in Togo with Bank of America ✅Providing a $5 million catalytic capital award to ImpactA Global, aimed at mobilizing $300 million in private investment for sustainable infrastructure in emerging markets ✅ Partnering to establish a $200M catalytic pooled fund, expected to unlock up to $2 billion in private capital for social investment. As President Biden has emphasized, “The future of Africa and the United States depends on what we achieve together.” Read the The White House Fact Sheet commemorating 2 years after the Summit: https://bit.ly/4iOXA42 #ProsperAfrica #USAfricaPartnership #EconomicGrowth #InvestmentOpportunities #Innovation

Prosper Africa was proud to attend this year's Milken Institute Middle East and Africa Summit in Abu Dhabi. British Robinson, Coordinator of Prosper Africa, joined a high-level panel to discuss "Unlocking Africa’s Investment Potential: Strengthening Global Economic Partnerships." During the session, British shared: "Africa’s investment landscape offers unparalleled opportunities for forward-looking investors. It’s time to move beyond outdated perceptions of risk and embrace the continent’s vibrant markets, which are brimming with innovation, resources, and a young, dynamic workforce." With six of the world’s top 10 fastest-growing economies projected to be in Africa in 2024, Prosper Africa continues to forge partnerships that unlock opportunities, mobilize capital, and drive transformative economic growth. Our new partnership with the Milken Institute will amplify these efforts by: -Hosting curated convenings to tackle misperceptions of risk and catalyze investment. -Supporting the Capital Markets Scholars Program to enhance capital-market development and foster innovative financing solutions. Together, we are building bridges between U.S. and African markets for sustainable development and shared prosperity. #MilkenMEASummit

Yesterday, the Women’s Foreign Policy Group, in collaboration with the Embassy of Tanzania to the United States, convened an insightful discussion on the critical minerals sector and its role in U.S.-Africa trade and investment. British Robinson, Prosper Africa Coordinator and keynote speaker, shared a powerful perspective: "This is not simply about access to resources. It is about partnership—partnerships built on trust, shared values, and mutual prosperity." We are grateful for the contributions of the event’s speakers.  Thank you to all who joined to further this conversation!

North Africa is rising! Egypt and Morocco are setting the stage for unprecedented trade and investment between the U.S. and North Africa, unlocking opportunities in industries like clean energy, tech, and agriculture. Read how we’re building a sustainable framework for long-term trade and investment in the region. https://lnkd.in/emmXg2ZU

We’re proud to announce transformative investments across Africa, supported by Prosper Africa and U.S. partners. These initiatives highlight the power of U.S.-Africa collaboration in driving innovation, job creation, and trade. Here are some of the highlights: ✅ Alta Semper Capital: $44M deal expands high-quality healthcare in Egypt through Allmed, driving U.S. exports and creating jobs. ✅ Ilara Health: $3.9M pre-Series A funding to expand affordable healthcare in Africa, leveraging U.S.-based tech like portable ultrasound devices from Butterfly Network . ✅ LaPaire Glasses: $3.85M raised to grow its affordable eyewear operations, sourcing from U.S. companies like FGX International and collaborating with EYElliance. ✅ Africa Healthcare Network: $20M funding to expand lifesaving renal care, partnering with U.S.-based Baxter International. These deals represent Prosper Africa’s commitment to fostering U.S.-Africa partnerships that benefit businesses, create jobs, and drive mutual economic growth. 🔗 Read about in our press advisory: https://lnkd.in/eFPv8a38 #ProsperAfrica #HealthcareInnovation #USAfricaPartnership #EconomicGrowth #Investment

And the envelope please! Atlanta, Georgia has been named the Feature Destination for FAME Week Africa 2025! Announced today in FAME’s host city of Cape Town by Atlanta Mayor Andre Dickens, US Ambassador Brigety and event organizers, this partnership promises incredible collaboration between the emerging American entertainment hub and Africa’s booming creative sector. Prosper Africa has been a proud sponsor FAME Week and celebrates the vibrant bonds between the USA and Africa’s leaders in film, music, and fashion!

Quality Student Housing: A High-Yield Investment in Kenya’s Future Leaders This year, Acorn Holdings Limited, led by CEO Edward Kirathe, secured a groundbreaking $180 million financing deal with the U.S. International Development Finance Corporation, coinciding with President William Ruto's state visit to Washington. This positions Acorn as Africa’s largest student housing developer, with plans to deliver 48,000 student beds and create 50,000+ jobs through 35 new affordable housing units. In Kenya, education is a cornerstone of socio-economic advancement. Acorn is reshaping the landscape with secure, well-maintained, and amenity-rich housing to help students thrive academically and socially. With occupancy rates reaching up to 95% in some facilities, Acorn exemplifies how investment in infrastructure can uplift communities while generating stable returns. This success story underscores the potential for U.S.-Africa partnerships to deliver lasting impact, spurring economic development, job creation, and innovation. Let’s keep building bridges of collaboration that foster sustainable growth for all. USAID 🔗 Read the full blog to learn more: https://bit.ly/4gvcri7