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Top democrats on Senate and House committees urge Administration to upgrade Kenya trade talks to a comprehensive trade agreement

Senate Finance Committee Chair Ron Wyden, D-Ore., and House Ways and Means Committee Ranking Member Richard Neal, D-Mass., called on U.S. Trade Representative Katherine Tai to transition current trade discussions with Kenya into negotiations of a comprehensive, enforceable trade agreement, in a letter today.  Although the Biden administration is in discussions for a U.S.-Kenya Strategic Trade and Investment Partnership (STIP), negotiating a full trade agreement would offer more opportunities to improve protections for labor and the...

21 May 2024

Kenya-US trade talks inching closer to completion – Cabinet Sec Miano

Kenya and the US are inching closer to reaching a trade deal, Investments, Trade and Industry CS Rebecca Miano has hinted, meaning a pact could be in place by end of this year. This, even as the US expresses confidence that the African Growth and Opportunity Act (Agoa), set to expire next year, will be renewed to allow Sub-Sharan nations continue to enjoy preferential export terms to the US market. The in-person talks between Kenya and US trade experts are headed into the fifth round, after conclusion of the fourth round in Washington D.C,...

25 April 2024 | MARTIN MWITA

African trade coalition backs AGOA 16-year renewal bill to boost trade prospects

The African Coalition for Trade (ACT) has voiced its support for the African Growth and Opportunity Act (AGOA) Renewal and Improvement Act of 2024 and credits the bill with creating hundreds of thousands of direct jobs in Africa and the US. The AGOA Renewal and Improvement Act of 2024 which was introduced by Senators Chris Coons and James Risch would extend the bill for 16 years until 2041 and continue to boost Africa’s duty-free status as a means of “attracting private sector investment to help underwrite economic development,”...

18 April 2024

AGOA bill good news for South Africa's citrus growers

There is good news for South African citrus exports to the US. Moves in US Congress to review South Africa’s participation in AGOA, the US Growth and Opportunities Act, have been dropped. South African citrus growers who ship their fruit to the US are breathing a sigh of relief after reports that senators have introduced a bill to extend AGOA, which is meant to boost trade between Africa and the US until 2041. Reports from the US have indicated that 30 African countries will keep duty-free exports to the US market for this period,...

17 April 2024 | Fred Meintjies

US apparel and footwear industry supports 16 year AGOA renewal

The American Apparel & Footwear Association applauds Senator Chris Coons (D-DE) and Senator James Risch (R-ID) for introducing the AGOA Renewal and Improvement Act of 2024.Currently set to expire in September 2025, AGOA is a pivotal trade preference program that provides duty-free access to the U.S. market, fostering economic growth and opportunity between the U.S. and eligible African countries. This program is the cornerstone of the U.S. economic relationship with Sub-Saharan Africa. By lowering the cost of trade and encouraging...

11 April 2024

US senators will introduce bill to renew Africa trade pact through 2041 [Download copy]

A bipartisan group of senators will introduce a bill to renew the United States' trade pact with sub-Saharan Africa ahead of its expiration next year, an aide to one of the senators said on Thursday.  [    Download it here and download a summary here] The bill was introduced by Senators Chris Coons, a Democrat, and James Risch, the top Republican on the Senate Foreign Relations Committee. A cross-party group of senators - Dick Durbin, Michael Bennet, Chris van Hollen, Todd Young and Mike Rounds - are also...

11 April 2024 | Makini Brice

USTR releases summaries from US – Kenya Strategic Trade and Investment Partnership negotiations

Consistent with the Biden-Harris Administration’s commitment to the highest levels of transparency in trade agreement negotiations, the Office of the United States Trade Representative (USTR) today released summaries of texts proposed by the U.S. side on good regulatory practices, workers’ rights and protections, and a second tranche of agriculture text. Negotiations on these texts are ongoing. USTR will negotiate the workers’ rights and protections and agriculture texts during the April 2-12 round in Washington, D.C. The...

08 April 2024

US manufacturing subsidies for Africa could help revive AGOA

Experts at the Center for Global Development argue that the unconventional approach could bring billions in new trade opportunities and would fit with US “friend-shoring” efforts. The US should pay ‘negative tariffs’ in Africa – essentially targeted manufacturing subsidies – to help revive its faltering African Growth and Opportunity Act (AGOA),  according to a new report from the Washington-based Center for Global Development (CGD). CGD’s Justin Sandefur and Arvind Subramanian estimate that $291m in negative...

05 April 2024 | David Thomas

US Congressional delegation visits Benin to assess implementation of AGOA

US Ambassador Brian Shukan hosted a bipartisan delegation from the United States Congress from March 28-29. The House Ways and Means Committee, led by Chairman Jason Smith focused on economic opportunities for Benin under the African Growth and Opportunity Act (AGOA). The delegation held discussions with the President and government officials, addressing specific recommendations for AGOA and to inform the reauthorization process. AGOA has been at the core of U.S. economic policy and commercial engagement with Africa since its initial...

05 April 2024

US Congressional delegation visits Mauritius to assess implementation of AGOA

A delegation the United States Congress visited Mauritius March 26-27 to assess the implementation of the African Growth and Opportunity Act (AGOA).   The visit underscored the United States’ commitment to deepening the economic cooperation between our two countries and to support Mauritius’ continued utilization of AGOA benefits. The delegation of eight members from the Congressional Ways and Means and the House Foreign Affairs Committees met with Mauritian government officials, including Prime Minister Pravind Jugnauth, the...

04 April 2024

Kenya shows Nigeria’s missed textile, apparel export opportunities with AGOA

Duty- and quota-free access to the United States of America’s market granted by the African Growth and Opportunity Act (AGOA) has played a significant role in boosting trade and investment between sub-Saharan Africa and the US. Many qualifying African countries have achieved notable successes in exporting goods under Agoa to the US. These successes include textiles and apparel from Kenya, Ethiopia, Mauritius, Lesotho, Ghana, and Madagascar. For example, in Kenya, the sales dominated by apparel under Agoa have grown from US$55 million in...

03 April 2024 | Stephen Ikechukwu Onyekwelu

Two years on: How Ethiopia's apparel sector is combatting AGOA uncertainty

During an exclusive side chat at Source Fashion in London, the president of Ethiopia's Hawassa Industrial Park Investors Association (HIPIA) Hibret Lemma, confesses Ethiopia is only just at the start of its shift away from relying solely on the US for its garment exports. He admits losing AGOA was a big hit to the country's garment sector and it slowed down growth considerably. However, Ethiopia's garment suppliers were hopeful that AGOA would be reinstated by the end of 2022 and that hope continued again until the end of 2023. The...

02 April 2024

South Africa walks a tightrope on US relations

South Africa has been conducting a high-wire act in its relations with the United States (US). It is maintaining friendships with Washington’s enemies like Russia, Iran and China while trying to avoid disrupting its economic relations with America. Tensions came closer than ever to breaking point this month as the US House of Representatives’ Committee on Foreign Affairs passed the US-South Africa Bilateral Relations Review Bill (US-SA Bill). The law would require the government to comprehensively review its...

28 March 2024 | Peter Fabricius

Kenya: 4th AmCham business summit to advocate for enhanced partnership and investment In US-East Africa trade

The fourth edition of the regional American Chamber of Commerce Kenya (AmCham) Business Summit, the premier platform for strengthening bilateral trade and investment between the United States, Kenya, and East Africa is set to be held on April 24–25, 2024, in Nairobi, Kenya. Kenya’s President William Ruto is confirmed as Chief Guest, leading a government delegation to the summit that aims to expand commercial opportunities and markets. Several high-ranking US government officials are also expected. Close to 1,000 delegates, including...

19 March 2024

Remarks by Deputy Treasury Secretary Adeyemo on the US-South Africa economic relationship

As Prepared for Delivery in Johannesburg, South Africa Thank you for the warm welcome. I want to express my gratitude to Consul General Spera and the American Chamber of Commerce for hosting me. I am honored to be joined today by South African Entrepreneurs that are building companies to unlock the economic potential of their country.  I owe my own presence here today to the inspiration I drew from South Africa. In the middle of the night nearly 35 years ago, I was shaken awake by my father, asking me to follow him. Entering the...

13 March 2024

USTR releases President Biden’s 2024 trade policy agenda and 2023 annual report

The Office of the United States Trade Representative today released President Biden’s 2024 Trade Policy Agenda and 2023 Annual Report to Congress, which details USTR’s work to advance President Biden’s trade agenda.  The President’s 2024 Trade Policy Agenda stands up for workers’ rights and sustainable trade practices, supports U.S. farmers, ranchers, fishers, and food manufacturers, bolsters supply chain resilience, addresses unfair policies and practices, and advances inclusive, durable trade policy through expanded...

05 March 2024

US-Kenya: Ruto’s US state visit needs to navigate America’s uncertain political future

President William Ruto will visit the United States on a State Visit in May during what is likely to be one of the most turbulent US elections in memory. Barring some miracle, or catastrophe, the US presidential election will be a showdown between the same two contenders—albeit older and less energetic—as in 2020. The US presidential election in November is the most significant geopolitical risk event of 2024. Its outcome could result in a dramatic change in US foreign and domestic policy. These policy changes, assuming former...

26 February 2024 | Declan Galvin

South African president Ramaphosa meets with US congressional delegation

South African President Cyril Ramaphosa today, 21 February 2024, received for a visit from a bipartisan congressional delegation from the United States of America, in Tuynhuys, Cape Town. The delegation is visiting South Africa at the invitation of the Aspen Institute. The President and the US congressional delegation discussed the importance of the relationship between South Africa and the US, which manifests in strong economic, political and social ties. “Our relationship is characterised by mutual respect and a willingness to...

21 February 2024

US President Biden to welcome Kenyan President Ruto to the White House in May

President Joe Biden plans to welcome Kenyan President William Ruto to the White House in May, hosting a state visit after reneging on his promise to visit Africa last year. White House press secretary Karine Jean-Pierre said Friday that the visit set for May 23 will mark the 60th anniversary of U.S.-Kenya diplomatic relations and "celebrate a partnership that is delivering for the people" of both countries while affirming "our strategic partnership" with Ruto's country. It "will strengthen our shared commitment to advance peace and...

18 February 2024

US and African civil society stakeholders seek AGOA extension

A Civil Society Organisation, Network and other stakeholders from across the United States and African Growth and Opportunity Act-eligible countries have petitioned the President of the United States of America, Joe Biden, to consider an extension of the initiative. The CSO made the plea in a letter dated February 16, 2024, titled ‘Petition for Timely Re-Authorisation and Enhancement of the African Growth and Opportunity Act Beyond 2025.’ They noted that AGOA had played an integral role in creating sustainable economic growth and...

16 February 2024

Time for Eswatini's entrepreneurs to seize AGOA opportunities

The time has come for young emaSwati entrepreneurs to seize opportunities to manufacture basic every day consumer products for export to the US under the African Growth and Opportunity Act (AGOA). The main drive is to get emaSwati to manufacture products locally, sell locally, regionally and internationally using the various initiatives made available by government.  Eswatini’s economy is at a crossroads. While the country boasts a strong manufacturing sector, diversification and export growth are crucial for sustainable...

13 February 2024 | Sabelo Gabs Nxumalo / Allan-Lloyd Junior Hamusokwe

US congress receives Bill to review South Africa relations

A bill has been submitted to the United States congress calling for a full review of the country’s bilateral relationship with South Africa following the International Court of Justice ruling that found it plausible that Israel has committed acts of genocide against Gaza. The bipartisan bill which was introduced by US Republican congressman John James and Democratic Party congressman Jared Moskowitz this week could threaten South Africa’s prospects to benefit from the African Growth and Opportunity...

09 February 2024 | Lizeka Tandwa

US keen to strengthen Kenya’s public procurement system as trade talks resume [incl. Readout]

The US plans to strengthen Kenya’s public procurement systems in what is seen as a strategy to put in place sound structures ahead of the planned trade pact. This comes as talks on the Strategic Trade and Investment Partnership (STIP) resumed last week with a meeting in Nairobi. Kenya is pushing for the deal and renewal of the African Growth and Opportunity Act (AGOA) which expires next year. Washington in a statement on Tuesday said the US and Kenya held a productive in-person negotiating round under the STIP in Nairobi, between...

07 February 2024 | MARTIN MWITA

'Nigeria missing as Kenya, Ghana tap AGOA opportunities to boost foreign exchange earnings'

Africa’s biggest economy is still failing to tap the opportunities that the African Growth and Opportunity Act (AGOA) present to boost its foreign exchange, amid acute dollar shortages. The AGOA has been on for over twenty-three years as it was enacted in 2020. In 2015, the program was modernised and extended to 2025, implying that there are only about 15 months before the window closes. Some countries have taken advantage of the AGOA more than others, Kenya and Ghana have been identified as countries with worthy experiences to share...

05 February 2024 | Damilola Odifa

US officials to fast-track talks on Kenya-US Strategic Trade and Investment Partnership (STIP)

US authorities will expedite negotiations on the Kenya-US Strategic Trade and Investment Partnership (STIP) and consider extending the African Growth and Opportunity Act (AGOA) beyond its expiry next year. Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi who spoke after a meeting with US Secretary for State Mr Tony Blinken said these initiatives will facilitate expanded duty and quota-free access for Kenya’s and Africa’s exports to the US market. STIP, which comes after the successful...

02 February 2024

Kenya, US trade talks resume in Nairobi, go for common ground

The third round of the Strategic Trade and Investment Partnership (STIP) negotiations between Kenya and the United States opened in Nairobi yesterday. Investment, Trade and Industry Cabinet Secretary Rebecca Miano said Kenya’s delegation is being led by Trade Principal Secretary Alfred K’Ombudo.  The main agenda items for the meeting which wraps up tomorrow revolve around agriculture, good regulatory practices, and workers’ rights and protection, important areas that affect the livelihoods of millions of people in both...

30 January 2024 | Noah Wandera

Kenya, US talks shift to agriculture

Kenya and the United States are set to begin talks on contentious clauses in a proposed bilateral trade deal amid fears the agreement could flood the market with cheap agricultural imports from America. The delayed third in-person round of talks will focus on agriculture, good regulatory practices and workers’ rights and protections, according to a statement from the US Trade Representative Office (USTR). The three-day negotiations starting from Monday were initially scheduled for December before being pushed back with a public...

27 January 2024 | LUCY WANJIRU

House Ways and Means Committee leadership statement on meeting with ambassadors from select AGOA countries

Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard E. Neal (MA-01) released the following statement after hosting a bipartisan roundtable with Committee members and ambassadors from several African Growth and Opportunity Act (AGOA) countries. AGOA is a U.S. trade program focused on strengthening economic ties between the United States and nations in Sub-Saharan Africa. “We appreciate the ambassadors from African countries in the AGOA program as well as members of the Ways and Means Committee for...

18 January 2024

Uganda's AGOA suspension

Uganda's recent suspension from the preferential trade arrangement known as the African Growth Opportunity Act (AGOA) by the United States has undoubtedly posed a challenge, potentially rendering the the East African country's products less competitive in the U.S market. However, amid this storm, the resilience and quality of Ugandan products could serve as a sturdy anchor, allowing the East African nation to weather the adverse effects of this decision, according to trade experts The Independent has talked to. On January 01, President Joe...

13 January 2024 | RONALD MUSOKE

AGOA eligibility update: What it could mean for US-Africa relations amid global power shifts

The United States’ recent modifications to the African Growth and Opportunity Act (AGOA) signal a significant shift in its trade relations with Africa, intertwined with broader geopolitical implications and the emerging contest for influence on the continent. Experts weigh in. [AGOA.info note: The 'modifications' relate to the list of AGOA beneficiaries, with four countries losing their AGOA beneficiary status, and one re-gaining, effective 1 January 2024. This forms part of the annual eligibility review process which has been in place...

12 January 2024 | Yeshiel Panchia

Fitch research unit expects better AGOA deal for South Africa

Fitch’s research arm, BMI, believes SA has done enough to get improved trade terms under the African Growth & Opportunity Act (Agoa), which it expects to be extended and modified before its expiry in September 2025. But it warns that the deal might be stillborn if Donald Trump is elected US president. The research think-tank said in a note it assigns a 65% probability that Agoa will not only be renewed but modified to the benefit of SA’s exports, saying a renewal of 10-20 years is likely, as it provides a long enough time frame to...

09 January 2024 | Kabelo Khumalo

Kenya-US far from trade deal as year ends

Kenya’s hopes of concluding a trade deal with the US by end of this year seem unlikely pushing the long draw talks into next year. The Kenyan government had in March this year expressed optimism of sealing a deal before the year ends, in its quest to secure preferential trade terms way before the expiry of the African Growth and Opportunity Act (AGOA), in September 2025.  Kenya and the US have held three rounds of in-person negotiations so far this year under the Kenya-US Strategic Trade and Investment Partnership (STIP). “The chief...

21 December 2023

Media advisory | December 12 digital press briefing: US-Africa leaders summit – one year anniversary [with Factsheet]

Media Advisory | December 12 Digital Press Briefing: U.S.-Africa Leaders Summit – One Year Anniversary of Implementation EVENT:  Please join us on Tuesday, December 12, 2023, for a digital press briefing with the U.S. Department of State’s Bureau of African Affairs Principal Deputy Assistant Secretary of State, Jonathan Pratt and National Security Council Senior Director for African Affairs, Judd Devermont.  Principal Deputy Assistant Secretary Pratt and Senior Director Devermont will discuss the progress made over...

08 December 2023

Opinion: 'Continuing challenges for African trade'

The beneficial effects of trade on any economy are well known, and an upscaled trading ability for SA would go a long way to improving its economic position. Benefits would be particularly extensive if they were those flowing from innovative downstream facets of the economy which expanded value-add supply chains.  Naturally enough, all this needs a growth-conducive context dependent on a variety of factors. Concrete steps must be taken by SA if it wants to give new focused attention on improving its trading situation. At a...

28 November 2023 | JOHN MARÉ

New opportunities to deepen US trade and investment in Namibia open up

New optimism about the future of Namibia’s economic engagement with the United States of America has begun to manifest. The American Ambassador to Namibia, Ambassador Randy Berry, recently said that the United States of America is committed to strengthening trade and investment ties with Namibia and other African countries. Ambassador Berry stressed the importance of these partnerships for mutual prosperity and the significance of Africa’s youthful population. “The United States is all in on Africa,” Ambassador Berry declared,...

23 November 2023 | Niël Terblanché

South Africa: BLSA CEO calls for more companies to leverage AGOA opportunities

Many more South African companies could benefit from the African Growth and Opportunity Act (AGOA), which gives eligible countries access to US markets free of tariff barriers, business organisation BusinessLeadership South Africa (BLSA) CEO Busi Mavuso writes in her weekly newsletter. Apart from mainstream formal sector businesses, there are opportunities to enable more entrepreneurs, including women-led businesses and small and medium-sized enterprises, to benefit, she posits. “They may need support...

20 November 2023 | Tasneem Bulbulia

WEF - How has AGOA benefited African countries?

The African Growth and Opportunity Act (AGOA) is a trade agreement between the United States and sub-Saharan African countries. Agoa has helped to increase trade and investment between Africa and the US. It has also helped to create jobs and boost economic growth in Africa. African countries are calling for it to be extended. To what extent has the AGOA goal been achieved? The duty- and quota-free access to the US market granted by Agoa has helped in boosting trade and investment between sub-Saharan Africa and the US. Many of...

16 November 2023 | David Luke

South Africa’s AGOA forum: Crafting future pathways for US-Africa trade partnership

Ultimately the African Growth and Opportunity Act (AGOA) could be extended by 16 years, that means until 2041, indicating its importance for strengthening Africa’s trade and economic cooperation with United States. That was, in fact, the main focus during Johannesburg’s early November forum that brought together more than 30 trade ministers, astute investors plus representatives from the regional economic blocs and the African Union. At the forum, Africa’s geopolitical alliance with collective expectations and ambitions to shape the...

14 November 2023 | KESTER KENN KLOMEGAH

CTI and CCA coming together to develop a US-Tanzania trade and investment strategy

The Confederation of Tanzania Industries (CTI) has partnered with the Corporate Council on Africa (CCA) to develop a strategic approach to increase US-Tanzania trade and investments. The call was made by Ambassador Elsie Kanza, the Tanzanian Ambassador to the US. Among many other things, Ambassador Kanza tasked CTI to bring more visibility and awareness to the opportunities to expand Trade and investment between Tanzania and the USA under the African Growth and Opportunity Act (AGOA).  CTI and CCA signed an MoU during the official...

13 November 2023

Africa-US trade: AGOA expires in 2025 - what has it achieved in 23 years?

African governments are seeking an extension of the African Growth and Opportunity Act (Agoa) beyond 2025. The law was enacted in 2000 to “encourage increased trade and investment between the United States and sub-Saharan Africa”. We asked David Luke, who specialises in African trade policy and trade negotiations, what benefits Agoa has brought for qualifying African countries and how it can be improved. To what extent has the AGOA goal been achieved? The duty- and quota-free access to the...

12 November 2023 | David Luke

'Can Uganda wiggle out of AGOA puzzle?'

Uganda faces the possibility of being removed from the African Growth and Opportunity Act (AGOA) beneficiary states thanks in no small part to what the United States calls human rights violations. This comes hot on the heels of the recent enactment of anti- homosexuality legislation in Uganda. The programme offers duty-free access to the world’s largest economy for Sub-Saharan African countries that meet democratic criteria, which is evaluated each year. Boasting a staggering pool of more than 6,000 eligible products, AGOA has...

12 November 2023 | Deogratius Wamala

US ambassador: AGOA is an opportunity to deepen ties between the US and South Africa

President Joe Biden last December at the US-Africa Leaders Summit affirmed that the US will elevate its relationship with Africa. The future is Africa. One example is its youthful population: the median age on the continent is 19. By 2050, one in four people in the world will be in Africa. The US wants them to be healthy and wealthy. What happens in Africa will affect the rest of the globe — and we want to work together to ensure it is bright, safe and prosperous. Our stories have always been intertwined. Today we know that our success...

09 November 2023 | REUBEN E BRIGETY II

Exploring synergies between AGOA and AfCFTA: The case for African exports

Africa is often characterised as a continent poised for economic growth and development. Often, prosperity and development in Africa can be linked back to exports and the benefits that they generate. This brings to the forefront the African Growth and Opportunity Act (AGOA) and its role in opening American markets to 35 African countries, as well as the African Continental Free Trade Area (AfCFTA), which aims to increase socio-economic development, reduce poverty, and make Africa more competitive in the global economy through the...

09 November 2023 | Bill Blackie

African and US trade unions call for decent work in trade and economic cooperation

The African Growth and Opportunity Act (AGOA) Forum took place in Johannesburg, South Africa, 2-4 November, to strategize ways to strengthen an inclusive trading partnership between the US and 35 eligible African countries.  AGOA is a US law which was signed in 2000 aimed at creating duty free access for eligible African countries to the US markets. Eligibility criteria includes adopting market-based economies, the rule of law, political pluralism, making efforts to curb corruption, introducing poverty reduction policies, increasing...

09 November 2023

Kenya-US to deepen ICT, apparel and agriculture trade

Kenya and United States are in talks to identify areas of interest in information communication technology (ICT) sector that can interest US firms.  A meeting between The US Ambassador to Kenya, Megan Whitman, and the Cabinet Secretary for Investments, Trade, and Industry Rebecca Miano, the states sought cooperation in six key areas. The meeting laid the groundwork for an enhanced collaboration between Kenya and the United States in Apparel Sector by leveraging Kenya's renewable energy and young population for supply chain...

09 November 2023 | JACKTONE LAWI

Prosper Africa coordinates 17 US agencies to help boost Africa’s low participation in AGOA

The US has mobilised 17 relevant government departments and agencies under the umbrella of Prosper Africa coordinator British Robinson to try to clinch deals between US and African businesses that will increase utilisation of the African Growth and Opportunity Act (Agoa). The 20th annual Agoa Forum ended in Johannesburg at the weekend with an all-round commitment by Africa and the US to renew the preferential trade programme when it expires in 2025. There was also considerable discussion about how to increase the usage by eligible...

09 November 2023 | Peter Fabricius

US Senator Chris Coons proposes AGOA extension by 16 years, immediate review of SA’s AGOA eligibility

Powerful US Democratic Party Senator Chris Coons is circulating a discussion draft of a Bill to renew the African Growth and Opportunity Act (Agoa) for 16 years that would also require an immediate “out-of-cycle” review of South Africa’s eligibility for Agoa. That could lead to South Africa being removed next year from the programme, which has provided considerable benefits to SA exporters to the US of cars, fruits and wine, in particular.  Coons released the draft Bill on Monday, after the annual Agoa Forum was held...

07 November 2023 | Peter Fabricius

AGOA extension crucial for Ghana’s industrialisation

The Deputy Minister of Trade and Industry Nana Ama Dokua Asiamah-Adjei is supporting the push for the extension of the African Growth and Opportunity Act (AGOA) to enhance trade between Ghana and the US. A United States Trade Act enacted on 18 May 2000 as Public Law 106 of the 200th Congress, the AGOA legislation has been renewed on different occasions, most recently in 2015, when its period of validity was extended to September 2025. The legislation significantly enhances market access to the US for qualifying Sub-Saharan African (SSA)...

06 November 2023 | Ernest K. Arhinful

US-Africa program (AGOA) should be extended through 2041, Senate Democrat says, proposes legislation [Download]

A trade program that grants exports from qualifying African countries duty-free access to the U.S. market should be extended by 16 years, said Democratic Senator Chris Coons, a leading voice on U.S.-Africa policy. Talks are underway for the renewal of the two-decade-old African Growth and Opportunity Act (AGOA), which is due to expire in 2025. African countries want a 10-year renewal of the pact ahead of the 2024 U.S. election. President Joe Biden's administration is also seeking the program's reauthorization but has called for certain...

06 November 2023 | Makini Brice

AGOA benefits extend beyond trade [incl. VIDEO of Friday's opening session]

Economies in Sub-Saharan countries stand to benefit far more from the African Growth and Opportunity Act (AGOA) than notable trade statistics, says President Cyril Ramaphosa. “AGOA enhances the diversification of African economies, enabling them to export value-added products. By enabling African countries to have preferential access to the US market, this opportunity incentivises African countries to develop and export value-added goods and services. This does and will continue to reduce Africa's dependence on primary commodities and...

06 November 2023
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