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13th AGOA Forum August 1-6, 2014 in Washington D.C.

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Renewal of AGOA a benefit to both US and Africa

Renewal of AGOA a benefit to both US and Africa

Following the conclusion of the US-Africa Summit in Washington DC last week, it is opportune to reflect on some of the outcomes for SA and Africa. On the eve of the summit, ministers of trade from those African countries that are eligible for the trade preferences under the African Growth and Opportunity Act (Agoa) called upon the US to seamlessly and timeously extend Agoa...

13 August, 2014
Rep. Karen Bass - Pictures from forum Cannon House event (during 2014 AGOA Forum)

Rep. Karen Bass - Pictures from forum Cannon House event (during 2014 AGOA Forum)

Growth and Opportunity in Africa Forum in coordination with the U.S.-Africa Leaders Summit Tuesday, August 5, 2014  [Please note - this event has concluded]   9:00 AM - 12:30 PM Cannon Caucus Room (345 Cannon House Office Building) U.S. House of Representatives Washington, DC 20515 Panel One 9:00 – 10:30 am Moderator: Dr. Monde Muyangwa Africa Program...

11 August, 2014
14 years of AGOA: Why no real Africa intra-trade?

14 years of AGOA: Why no real Africa intra-trade?

When President Bill Clinton signed the African Growth Opportunities Act (AGOA) into law 14 years ago, he offered incentives for African countries to open their economies and build free markets, to move the continent from an aid dependency to a viable trading partner. That is why at their summit hosted by US President Barack Obama in Washington, 50 African heads of states,...

07 August, 2014
African Union head cautions US on Africa

African Union head cautions US on Africa

  If the United States does not take more interest in Africa it is going to lose out, African Union commission chair Nkosazana Dlamini-Zuma said on Thursday. “It's in their advantage to know what's happening in Africa because if they don't come to the party eventually the party will happen without them,” she said in Washington. “Business people really know...

07 August, 2014
US-Africa Leaders Summit: CEOs promise to push AGOA further

US-Africa Leaders Summit: CEOs promise to push AGOA further

The United States House of Representatives on Wednesday hosted an event titled “A Dialogue With African CEOs” that brought together women and minority business owners, chief executives from across Africa and US and SME entrepreneurs. The focus of the panel discussion was to examine possible business partnerships between African business and government with their...

07 August, 2014
US urged by Africa's leaders to extend AGOA trade programme

US urged by Africa's leaders to extend AGOA trade programme

African leaders urged the US on Monday to renew a trade benefits programme giving duty-free access to billions of dollars of African exports for 15 years, saying it would help cement trade relations and boost development in sub-Saharan Africa. President Jacob Zuma, one of nearly 50 African leaders in Washington to attend a three-day summit, said the renewal of the African...

06 August, 2014
South Africa welcomes Obama's backing of AGOA

South Africa welcomes Obama's backing of AGOA

  South Africa has welcomed the commitment by US President Barack Obama to support the continuation and enhancement of the African Growth and Opportunity Act (Agoa). Obama made the remarks at the US-Africa Business Forum in Washington on Tuesday. His backing of a new Agoa term came as a pleasant surprise to many, who have been waiting to hear Obama's position on the...

06 August, 2014
Kenya: President Kenyatta's presence at US Africa summit 'expected to end frosty relations'

Kenya: President Kenyatta's presence at US Africa summit 'expected to end frosty relations'

The US has recently cut down its embassy staff in Nairobi and also pushed back funding for various projects and programmes in the country. This has impacted negatively on business and stakeholders are hoping that President Uhuru Kenyatta's presence at the ongoing US-Africa leadership forum in Washington DC will end the frosty relations between Kenya and the US. "We hope...

06 August, 2014
Africa seeks technological partnership at US-Africa summit

Africa seeks technological partnership at US-Africa summit

Africa is looking to the United States for help modernizing industry and combating terrorism, according to the deputy chairman of the African Union (AU). Erastus Mwencha also said AU officials are negotiating with Washington at the U.S.-Africa summit to improve the trade framework in the African Growth and Opportunity Act (AGOA) to include investment opportunities for...

06 August, 2014
AGOA Forum: Nigerian Entrepreneur seeks removal of barriers on AGOA

AGOA Forum: Nigerian Entrepreneur seeks removal of barriers on AGOA

An Abuja-based Agriculture entrepreneur, Mrs Esta Charles-Ayede, has urged the U.S Government to remove barriers inhibiting some African countries from fully utilising the benefits of the African Growth and Opportunity (AGOA). Ayede made the submission at a roundtable between local entrepreneurs in Abuja and the U.S Assistant Secretary of Commerce for Economic Development...

06 August, 2014
Obama sees US opportunities in Africa

Obama sees US opportunities in Africa

US President Barack Obama said the fast growing economies of Africa represent one of the greatest opportunities for the US to extend its commercial reach and doing so requires a concerted effort by business and government. The president highlighted $33 billion (R356 billion) in commitments to Africa: $14 billion in investments by companies including General Electric and...

06 August, 2014