| Initiative |
Amount (millions, USD) |
Implementing Agency |
Sector |
Description |
| Economic |
| 1. Transformation with Africa (DTA) Initiative |
$800 million |
United States Agency for International Development (USAID), U.S. Department of State, Millennium Challenge Corporation, U.S. International Development Finance Corporation (DFC), Export-Import Bank of the United States (EXIM), U.S. Trade and Development Agency, U.S. Department of Commerce |
Digital |
The new Digital Transformation with Africa (DTA) initiative will expand digital access and literacy and strengthen digital enabling environments across the continent. Working with Congress, this initiative intends to invest over $350 million and facilitate over $450 million in loan financing for Africa in line with the African Union’s Digital Transformation Strategy and the U.S. Strategy Toward Sub-Saharan Africa.
Carnegie Endowment for International Peace |
| 2. Mastercard’s Community Pass Network |
$50 million |
U.S. International Development Finance Corporation (DFC) |
Digital |
A collaboration between the DFC and Mastercard will increase support to financial institutions, agricultural and technology companies, and businesses engaged with Mastercard’s Community Pass, a digital platform working to address digital infrastructure challenges in rural communities.
Carnegie Endowment for International Peace |
| 3. Bolstering Power Africa |
$4 million |
U.S. Trade and Development Agency (USTDA) |
Energy |
USTDA is investing nearly $4 million to support a just energy transition across several African countries. These investments include Biomass power plant in Cote d’Ivoire, clean hydroelectric power in Sierra Leone and battery energy storage technology project in Zambia.
Carnegie Endowment for International Peace |
| 4. Health Electrification and Telecommunication Alliance (HETA) |
$150 million |
United States Agency for International Development (USAID) |
Energy |
The Health Electrification and Telecommunication Alliance is a five-year cooperative agreement that will invest USAID resources to leverage more than $150 million of additional private sector resources to install reliable, renewable power and provide mobile network and Internet access for at least 10,000 health facilities in Africa.
Carnegie Endowment for International Peace |
| 5. African Women’s Entrepreneurship Program (AWEP) |
$1 million |
U.S. Department of State |
Entrepreneurship |
Working with Congress, the United States will provide $1 million to fund small grants to train and support women entrepreneurs in Africa.
Carnegie Endowment for International Peace |
| 6. Investments in African Enterprises |
$38.84 million |
U.S. African Development Foundation (USADF) |
Entrepreneurship |
Working with Congress, in 2023, USADF plans to implement new projects that will invest $56.84 million, of which $18 million is expected to be leveraged from the private sector and other donors.
Carnegie Endowment for International Peace |
| 7. Memorandum of Understanding |
$5 million |
U.S. African Development Foundation (USADF) |
Entrepreneurship |
USADF and the Government of Namibia signed a Memorandum of Understanding announcing a five-year, $10 million partnership. Under the partnership, USADF and Namibia’s Ministry of Industrialization and Trade each will contribute $5 million to provide grant investments to increase competitiveness of small and medium enterprises (SMEs) in rural communities in Namibia, with special focus on women and youth.
Carnegie Endowment for International Peace |
| 8. Tony Elumelu Foundation (TEF) Partnership to Encourage African Entrepreneurship |
$4 million |
U.S. African Development Foundation (USADF) |
Entrepreneurship |
The U.S. African Development Foundation (USADF), working with Congress, plans to contribute up to $4 million to provide investment toolkits in the form of non-repayable capital of up to $5,000 to African entrepreneurs and micro-, small-, and medium-sized enterprises (MSMEs).
Carnegie Endowment for International Peace |
| 9. Investments in Food Security, Renewable Energy, and Health |
$369 million |
U.S. International Development Finance Corporation (DFC) |
Food Security, Energy, Health |
The DFC announced $369 million in new investments across Africa in food security, renewable energy infrastructure, and health.
Carnegie Endowment for International Peace |
| 10. Accelerating Women’s Empowerment in Energy (AWEE) |
$1 million |
U.S. Department of State |
Gender |
The Department of State announced the Accelerating Women’s Empowerment in Energy (AWEE) grant-making project with an initial investment of $1 million to help secure women’s economic futures through green jobs, with a focus on the clean energy sector Kenya and South Africa.
Carnegie Endowment for International Peace |
| 11. Transform Health Fund |
$11 million |
United States Agency for International Development (USAID); U.S International Development Finance Corporation (DFC) |
Health |
USAID and the DFC announced the Transform Health Fund and plan to provide $1 million in catalytic grant funding and $10 million in equity financing, respectively, to support locally-led supply chain transformation, innovative care delivery, and digital solutions to secure Africa’s healthcare future.
Carnegie Endowment for International Peace |
| 12. Benin-Niger Regional Transport Compact |
$504 million |
Millennium Challenge Corporation (MCC) |
Infrastructure |
The Benin-Niger Regional Transport Compact is designed to reduce transportation costs along the corridor between the Port of Cotonou in Benin and Niger’s capital city of Niamey. MCC will invest $202 million in Benin and $302 million in Niger, including $15 million in contributions from the governments of Benin and Niger.
Carnegie Endowment for International Peace |
| 13. Climate Action Infrastructure Facility |
$10 million |
United States Agency for International Development (USAID) |
Infrastructure |
USAID intends to contribute $10 million in Africa to facilities and funds that bring private investors and donors together to support large-scale climate solutions in emerging and frontier markets.
Carnegie Endowment for International Peace |
| 14. Prosper Africa Initiative: Africa Conservation and Communities Tourism Fund |
$2.5 million |
United States Agency for International Development (USAID) |
Tourism |
USAID announced a new Prosper Africa partnership with ThirdWay Partners and The Nature Conservancy to protect African landscapes and bolster the tourism sector, with $2.5 million in catalytic funding from USAID.
Carnegie Endowment for International Peace |
| 15. Memorandum of Understanding |
$500 million |
The Export-Import Bank of the United States (EXIM) |
Trade |
EXIM and the African Export-Import Bank (Afreximbank) signed a $500 million Memorandum of Understanding (MoU) to expand Diaspora commercial engagement across Africa, increase access and awareness of both institutions’ financial products, and support exports of U.S. goods and services.
Carnegie Endowment for International Peace |
| 16. Memorandum of Understanding |
$500 million |
The Export-Import Bank of the United States (EXIM) |
Trade |
EXIM and the Africa Finance Corporation signed a $500 million MoU to facilitate U.S. goods and services exports, promote U.S.-Africa trade, and support financing of trade-enabling projects.
Carnegie Endowment for International Peace |
| 17. Memorandum of Understanding |
$300 million |
The Export-Import Bank of the United States (EXIM) |
Trade |
EXIM and Africa50 signed an MoU to facilitate up to $300 million in EXIM financing for the export of U.S. goods and services to buyers throughout Africa, particularly in support of infrastructure, transportation, digital technology, and renewable energy projects.
Carnegie Endowment for International Peace |
| 18. Prosper Africa |
$170 million |
United States Agency for International Development (USAID) |
Trade |
Prosper Africa plans to invest $170 million to boost African exports and U.S. investment in the continent.* *NOTE: it is not clear whether the new Prosper Africa-associated initiatives that were announced separately are included in this sum.
Carnegie Endowment for International Peace |
| Governance |
| 19. African Democratic and Political Transition (ADAPT) Initiative |
$75 million |
United States Agency for International Development (USAID):U.S. Department of State |
Governance |
Over three years, the Biden-Harris administration intends to work with Congress to invest $75 million for this initiative to counter democratic backsliding in partnership with regional bodies, governments, and civil society in support of durable political transitions.
Carnegie Endowment for International Peace |
| 20. Electoral Assistance |
$165 million |
United States Agency for International Development (USAID); U.S Department of State |
Governance |
Working with Congress, the United States plans to provide over $165 million to support elections and good governance in Africa in 2023.
Carnegie Endowment for International Peace |
| 21. International Visitor Leadership Program Project on Transparency and Accountability in Government |
$0.475 million |
U.S. Department of State |
Governance |
This $475,000 project promotes transparency and accountability in government to ensure public trust in the integrity and fairness of elected officials, public servants, and institutions.
Carnegie Endowment for International Peace |
| Humanitarian |
| 22. Emergency Humanitarian Assistance to Chad |
$2.5 million |
United States Agency for International Development (USAID) |
Humanitarian Assistance |
USAID provided an additional $2.5 million in humanitarian assistance following unprecedented flooding in Chad.
Carnegie Endowment for International Peace |
| 23. Humanitarian Assistance in Somalia |
$ 411 million |
United States Agency for International Development (USAID) |
Humanitarian Assistance |
USAID announced an additional $411 million in new funding for food security in Somalia.
Carnegie Endowment for International Peace |
| 24. Humanitarian Assistance to Africa |
$2,000 million |
United States Agency for International Development (USAID) |
Humanitarian Assistance |
USAID plans to provide $2 billion in humanitarian assistance to support crisis-affected people in Africa.
Carnegie Endowment for International Peace |
| Security |
| 25. 21st Partnership for African Security (21PAS) |
$100 million |
U.S. Department of Defense (DoD) |
Security |
Working with Congress, this $100 million, three-year pilot program will support U.S. and African partners to coordinate, share, and enhance solutions to security challenges. Illustrative areas of 21PAS support could be regional maritime cooperation, information sharing networks, counterterrorism, logistics, institutional capacity building, professionalization, operational support, excess defense articles, exercise development and execution, etc.
Carnegie Endowment for International Peace |
| 26. Civil Society Partnerships for Civilian Security |
$2 million |
U.S. Department of State |
Security |
Working with Congress, the Department of State plans to invest at least $2 million to develop a new initiative that facilitates civil society engagement in the security sector.
Carnegie Endowment for International Peace |
| Social |
| 27. African Descent Social Entrepreneurship Network |
$0.5 million |
U.S. Department of State |
Entrepreneurship |
The Department of State intends to provide $500,000 to launch the African Descent Social Entrepreneurship Network, a collaboration tool for leaders to share best practices for economic prosperity through social entrepreneurship.
Carnegie Endowment for International Peace |
| 28. Multilateral Partnership for Organizing, Worker Empowerment and Rights |
$5 million |
U.S. Department of Labor |
Gender |
The U.S. Labor Department awarded a $5 million cooperative agreement to the Solidarity Center to support women’s participation in the workplace, particularly in Liberia and Nigeria.
Carnegie Endowment for International Peace |
| 29. President’s Malaria Initiative and President’s Energy Plan for AIDS Relief: Partnerships to Accelerate Primary Healthcare |
$415 million |
United States Agency for International Development (USAID); U.S. Department of State |
Health |
USAID announced a $415 collaboration to advance primary health care in Côte d’Ivoire, Ghana, Kenya, Malawi, and Nigeria. The partnership, in collaboration with the United States President’s Malaria Initiative and the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR), aims to demonstrate measurable improvements in primary healthcare outcomes.
Carnegie Endowment for International Peace |
| 30. Exchange Scholarships |
$0.09 million |
U.S. Department of State |
Human Capital Development |
Working with Congress, the Department of State plans to award up to 50 scholarships, totaling approximately $90,000, to exchange visitors from across Africa.
Carnegie Endowment for International Peace |
| 31. University Partnerships Initiative (UPI) |
$1.5 million |
U.S. Department of State, U.S. Department of Education |
Human Capital Development |
The Department of Education will provide $1.5 million to facilitate U.S.-Africa university exchanges, joint research, collaboration on academic administration, and public-private partnerships.
Carnegie Endowment for International Peace |
| 32. Young African Leaders Initiative Young African Leaders Exchange YALI Alumni Expo and Trade Show |
$100 million |
United States Agency for International Development (USAID) |
Human Capital Development |
As part of a $100 million planned expansion of YALI, USAID will facilitate the first pan-African YALI Alumni Expo and Trade Show and create the Young African Leaders Exchange, the first pan-African virtual platform connecting YALI alumni and key stakeholders.
Carnegie Endowment for International Peace |
| 33. Grant to Combat Child Labor in West Africa’s Agriculture Sector |
$4 million |
U.S. Department of Labor |
Human Rights |
The U.S. Department of Labor announced a $4 million grant to support the International Labor Organization’s work to implement a technical assistance project in West Africa in line with the ECOWAS regional plan of action to address child labor.
Carnegie Endowment for International Peace |
