The Prosper Africa initiative was launched in 2019 to increase trade and investment between the United States and African countries. The initiative coordinates the programs, resources, and capabilities of several federal entities, including the U.S. Agency for International Development (USAID) and the Departments of Commerce and State. H.R. 6455 would codify the initiative, including much of its existing administrative structure and implementation, and require the Administration to report to the Congress on its actions. On the basis of information from USAID, CBO estimates that implementing the initiative and providing the reports required under the bill would cost less than $500,000 over the 2022-2027 period. Such spending would be subject to the availability of appropriated funds.
