How has COVID-19 changed investing in Africa?
Hear from U.S. business leaders
The U.S. Government is adapting existing trade and investment tools, and creating new ones, to help U.S. and African businesses and investors adjust their strategies, protect their investments, and find new opportunities in the wake of COVID-19. We encourage you to explore the tools below.
Bridge Loans for Small Businesses
Bridge loans enable small businesses to access up to $25,000 quickly.
The U.S. Export-Import Bank insures against nonpayment by international buyers. It covers both commercial risks and certain political risks.
Debt Relief for Small Businesses
U.S. small businesses face unprecedented economic disruption due to COVID-19. The U.S. Small Business Administration offers a range of loans to help businesses weather the pandemic.
Fast Track Loans for Small Businesses
Express loans from the U.S. Small Business Administration allow U.S. small businesses that currently have a business relationship with an SBA Express Lender to quickly access up to $25,000.
Loan Advances for Small Businesses
An economic injury disaster loan emergency advance from the U.S. Small Business Administration provides up to $10,000 of economic relief to U.S. small businesses that are currently experiencing temporary difficulties.
Progress Delivery Payment Financing
To help meet the challenges from COVID-19, the U.S. Export-Import Bank has temporarily expanded its Pre-Export Payment Policy.
Supply Chain Financing
The U.S. Export-Import Bank has expanded its existing Supply Chain Financing Guarantee Program to help suppliers obtain cash quickly and increase liquidity to fulfill new orders.
Temporary Bridge Financing
To help businesses weather COVID-19, the U.S. Export-Import Bank Bridge Financing Program will enable U.S. exports to go forward through short-term financing until private sector liquidity returns.
Virtual Export Promotion Services
The U.S. Commercial Service offers virtual services, including matchmaking, e-commerce, and due diligence support.
Working Capital Guarantees
The U.S. Export-Import Bank Working Capital Guarantee Program facilitates loans from commercial lenders to creditworthy U.S. businesses that export over the term of the loan.
The U.S. International Development Finance Corporation provides direct loans and guarantees of between $1 million and $1 billion for tenors as long as 25 years, with specific programs targeting small and medium U.S. businesses.
The U.S. International Development Finance Corporation provides equity financing to projects making a positive impact in the developing world or advancing U.S. foreign policy.
Health & Prosperity Initiative
The U.S. International Development Finance Corporation's Health & Prosperity Initiative mobilizes private sector investment in support of global health resilience. It seeks to invest between $5 million and $500 million per project.
Political Risk Insurance
Political risk insurance from the U.S. International Development Finance Corporation provides coverage for losses incurred from currency inconvertibility, government interference, or political violence, including terrorism. Insurance covers exposures from $1 million to $1 billion.
Trade & Investment Hubs
The U.S. Agency for International Development's regional Hubs provide businesses and investors the support they need to grow, including business consulting, transaction facilitation, and more.
The U.S. African Development Foundation offers working capital to help African enterprises and entrepreneurs weather COVID-19.