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Promoting US-Africa Trade and Investment

This act aims to boost trade and investment between the United States and African countries. It seeks to foster job creation and economic growth in both regions by facilitating market access and supporting businesses.
Key points
Establishes a new government initiative to coordinate U.S. efforts to increase trade and investment with Africa.
Facilitates access to markets and capital for U.S. and African businesses, including small and medium-sized enterprises and women-led businesses.
Supports legal and regulatory reforms in Africa to reduce trade and investment barriers.
Mandates regular U.S.-African Leaders Summits to strengthen economic and diplomatic partnerships.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_6455
Sponsor: Rep. McCaul, Michael T. [R-TX-10]
Process start date: 2022-01-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Prosper Africa Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6455.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-01-20.

What are the main provisions?

Key points include:

  • Establishes a new government initiative to coordinate U.S. efforts to increase trade and investment with Africa.
  • Facilitates access to markets and capital for U.S. and African businesses, including small and medium-sized enterprises and women-led businesses.
  • Supports legal and regulatory reforms in Africa to reduce trade and investment barriers.
  • Mandates regular U.S.-African Leaders Summits to strengthen economic and diplomatic partnerships.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McCaul, Michael T. [R-TX-10].

What is the latest detailed status?

The latest detailed status is: Committee Consideration and Mark-up Session Held.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Public Investments