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Kenya offers textile firms tax incentives to create jobs

Kenya offers textile firms tax incentives to create jobs

Kenya has started offering tax incentives to clothing companies, a key part of its under-performing manufacturing sector, to create jobs and provide affordable new clothes for shoppers. Executives in the textiles industry said the...

22 April 2017
Kenya: 'AGOA doubts cut US exports 12%'

Kenya: 'AGOA doubts cut US exports 12%'

The volume of apparel shipped to the US under the African Growth and Opportunity Act (AGOA) declined by 12.1 per cent last year even as uncertainty clouds the 17-year-old preferential pact under President Donald Trump. The 2017 Economic...

21 April 2017 | LYNET IGADWAH
US Ambassador to Togo to visit Alaffia factory ahead of AGOA summit

US Ambassador to Togo to visit Alaffia factory ahead of...

US Ambassador David Gilmour, who represents the United States in the nation of Togo, will travel to Tumwater April 11-13 to tour the headquarters of natural body care products company Alaffia. The company has been selected to present...

12 April 2017
Nigeria: Abia State to establish 9,000-hectare free trade zone

Nigeria: Abia State to establish 9,000-hectare free trade...

Gov. Okezie Ikpeazu of Abia on Tuesday said that the state would establish a 9,000- hectare free trade zone at its boundary with Rivers. Ikpeazu made this known when Chief Olabitan Famutimi, the National President of Nigerian-American...

11 April 2017
'Trump and America can win by doing more business with Africa'

'Trump and America can win by doing more business with...

The United States and sub-Saharan Africa do tens of billions of dollars in trade together each year. While some regions in the world are disturbed by President Trump’s “America first” stance, most exports coming from Africa to the...

08 April 2017 | ERIC IDIAHI
Nigeria: Experts canvass measures to boost non-oil export through AGOA

Nigeria: Experts canvass measures to boost non-oil export...

Nigeria’s current economic situation, particularly the disparity between naira and U.S. dollar present huge opportunities that must force government and stakeholders to boost non-oil exportation through  the African Growth...

06 April 2017 | Kingsley Jeremiah
Mauritius: Business minister urges SMEs to maximise AGOA benefits

Mauritius: Business minister urges SMEs to maximise AGOA...

The African Growth and Opportunity Act (AGOA) offers a duty-free access to the largest market in the world. Although it has the potential to be a major driving force in African development, the AGOA has been under utilised. With the...

06 April 2017
Nigeria: Export partners sensitize Aba shoe/garment makers on AGOA

Nigeria: Export partners sensitize Aba shoe/garment...

The importance knowledge and readiness to take advantage of opportunities has been described as imperative, especially in boosting the capacity of small businesses in mobilising scarce foreign exchange. Fidelity Bank Plc, in...

04 April 2017 | Chijioke Nelson