Hon. Alice Albright, CEO of the Millennium Challenge Corporation (MCC), will lead the U.S. Prosper Africa delegation to the U.S.-Africa Business Summit, July 19-22. The event is hosted by the Corporate Council on Africa and the Kingdom of Morocco and aims to advance trade and investment between African countries and the United States.
The U.S. delegation will include senior government officials and leading U.S. investors that represent over a trillion dollars in assets. During the forum, the United States will demonstrate Prosper Africa’s private sector-driven approach—connecting dynamic U.S. and African companies looking to do business with one another, and global investors seeking the long-term returns offered by Africa’s fast-growing markets.
The delegation will engage broadly to catalyze greater investment in Africa and advance the new Partnership for Global Infrastructure and Investment, which was recently launched by President Biden and the G7.
The Millennium Challenge Corporation (MCC) has committed $1.1 billion in Morocco, of which they will showcase their newest $460 million Morocco Employability and Land Compact; the U.S. Trade and Development Agency (USTDA) will announce new commitments to advance the development of information and communications technology, clean energy, and healthcare infrastructure across the continent.
The U.S. African Development Foundation (USADF) will highlight the central role of African small and medium-sized enterprises in fueling the continent’s economic growth and recovery; and the Prosper Africa Chief Operating Officer will announce new funding opportunities and deals closed.
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