Africa: YES! Thanks to you, the BUILD Act is now law

Photo: ONE
The BUILD Act is Law!
5 October 2018
Blog

We asked you, our United States members, to support the BUILD Act (S.2463). You signed petitions, shared tweets, and canvased at U2 shows, farmers markets and festivals. In the end, you delivered 78,000 signatures to 454 senators and representatives across the country.

Thanks to you, the BUILD Act is now officially law! It was signed into law by President Trump on October 5, 2018.

Here’s a bit of a refresher: The BUILD Act aims to help billions of private-sector dollars flow into Africa by making it easier for American entrepreneurs to do business there. Money that is needed to build infrastructure, increase first-time access to electricity, and create jobs.

“This bill takes an innovative approach to helping developing countries and will serve as a valuable complement to the important work that American foreign assistance does to save lives, spur economic growth, and lift millions out of poverty,” says Tom Hart, ONE’s North American executive director.

This victory is an inspiring act of bipartisanship. From both sides of the aisle, members came together with the understanding that the fight against extreme poverty doesn’t take sides. When innovative solutions are brought to the table, people of all political affiliations can join together in support.

We also want to thank a few key politicians. Senators Bob Corker (R-Tenn.) and Chris Coons (D-Del.), and Representatives Ted Yoho (R-Fla.) and Adam Smith (D-Wash.) worked together to introduce and sponsor this law. They played a huge part and showed unwavering dedication in getting it passed.

The best tool for fighting extreme poverty is a good job. Now that the BUILD Act is law, American entrepreneurs and investors can invest in Africa and help create more jobs and promote economic development. Thanks to you, we have taken another momentous step towards ending extreme poverty.

See What Everyone is Watching

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.