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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.
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Status:
Expired
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Additional Information
Print number: 117_HR_6455
Sponsor: Rep. McCaul, Michael T. [R-TX-10]
Process start date: 2022-01-20