The United States plans to commit $55 billion to Africa over the next three years, White House national security adviser Jake Sullivan told reporters on Monday.
The money will go to “a wide range of sectors to address the major challenges of our time,” and will be distributed in close collaboration with Congress, Sullivan said.
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Much of the funding appears to come from previously announced programs and budgets.
Here’s what the White House has said so far about where the $55 billion will go:
Health
The Biden-Harris administration has invested and committed to providing nearly $20 billion in health programs in the Africa region, the White House said Tuesday.
That includes $11.5 billion to address HIV/AIDS; more than $2 billion to fight malaria; more than $2 billion in support of family planning and reproductive health, as well as maternal and child health; and more than $2 billion to address the health, humanitarian, and economic impacts of COVID-19.
The administration also plans to petition Congress for $4 billion for health care workers in Africa, investing $1.33 billion annually from 2022 to 2024.
Climate change
Since January 2021, the administration has invested and plans to provide at least $1.1 billion to support African-led efforts in conservation, climate adaptation, and energy transitions.
These funds include investments by the US International Development Finance Corporation in Malawi’s Golomoti JCM Solar Corporation and a Climate Action Infrastructure Fund.
New trade and investment
US President Joe Biden highlighted $15 billion in trade and investment partnerships and deals at the summit on Wednesday, the White House said. They include a $500 million memorandum of understanding between the United States and Africa.
Export-import banks to support diaspora engagement and a new “Clean Tech Power Network” backing $350 million in deals.
women’s associations
Vice President Kamala Harris has made new commitments to promote women’s economic participation in Africa, the White House said.
The US International Development Finance Corporation announced $358 million in new investment for women’s initiatives, and the State Department will launch a green jobs program for women with an initial investment of $1 million.
Read more: Biden welcomes Africa leaders in bid to undo years of US neglect.
