By Jeffrey Karp, Senior Counsel, and Caroline Lambert, Associate

The United States (US) government’s Prosper Africa project is getting a reboot by the Biden administration, renewing the government’s commitment to increased trade with African countries and incentivizing American companies to invest in projects, particularly clean energy, climate solutions, health, and digital technology projects, across the African continent. This initiative presents a multitude of opportunities for US companies looking to expand into a growing market.