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US Support for African Continental Free Trade Area

This act aims to strengthen trade cooperation between the United States and African countries by supporting the development of the African Continental Free Trade Area (AfCFTA). These actions could contribute to economic growth in Africa, job creation, and poverty reduction, indirectly impacting the global economy and trade opportunities for US businesses.
Key points
The US will develop a 10-year strategy to promote AfCFTA, focusing on improving trade and investment.
Plans include enhancing customs operations and developing trade-related infrastructure in Africa.
The act seeks to increase trade opportunities for US businesses, including those owned by members of the African diaspora.
It authorizes $200 million annually for an AfCFTA Trade Capacity Building Program from 2025 to 2034.
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Additional Information
Print number: 117_HR_9364
Sponsor: Rep. Bass, Karen [D-CA-37]
Process start date: 2022-11-30