Prosper Africa is a Presidential-level national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa by catalyzing transformative two-way trade and investment flows. A key pillar of Prosper Africa’s investment initiative is providing catalytic capital to asset managers launching funds targeting Africa to help crowd in U.S. institutional investors.

Prosper Africa is announcing two catalytic capital awards to funds that focus on resilient infrastructure and adaptation finance in Africa. Together with U.S. and International institutional investor communities, these awards will catalyze over $800M in private capital.