News Search
Nigeria records paltry $9M of Africa's $2.7b non-oil export to US
Nigeria may have to do more under its diversification agenda and remove several restrictions to investments if it hopes to benefit from the extended trade deal, Africa Growth and Opportunity Act (AGOA) by the United States, the State Department's Acting Director for Economic and Regional Affairs, Harry Sullivan said during a telephonic briefing on Tuesday. According to data from the department, Nigeria accounted for a paltry volume of $9 million out of $2.7 billion agricultural exports recorded by the continent to the United States in...
Non-oil AGOA exports reach $4.2b, bilateral trade grows to $38b
Despite the huge trade deficit between the United States and African countries, a US government official says the country is working to make trade with the continent more reciprocal. He says trade has been positive as total US, Africa trade rose from 16.8 per cent from $33 billion in 2016 to $38.5 billion in 2017. Speaking to journalists during a teleconference Tuesday February 13, 2018, Harry Sullivan, the Bureau of African Affairs Acting Director for Economic and Regional Affairs said US exports to Africa increased 4 per cent to $13.1...
'US to consider Zimbabwe’s eligibility for AGOA this year'
The US government will consider Zimbabwe’s eligibility for the trade benefits it extends under the Africa Growth and Opportunity Act (Agoa) during 2018, the State Department’s acting director for economic and regional affairs Harry Sullivan said during a telephonic briefing on Tuesday. Since AGOA came into force in 2001 [2000], Zimbabwe has never been eligible for the market access offered under the legislation, which has been extended to 2025. The US determines whether countries in Sub-Saharan...
Telephonic press briefing: US Acting Director for Economic and Regional Affairs Harry Sullivan on AGOA (Click to listen)
EVENT: The Bureau of African Affairs Acting Director for Economic and Regional Affairs Harry Sullivan will provide an update on U.S. economic policy in Africa and efforts to expand trade and investment in Africa under AGOA. This briefing will be on the record. The telephonic briefing will take place on Tuesday, February 13, 2018, at 7:30 AM ET/12:30 UTC. During the briefing, the speaker will make brief opening remarks then take questions from the field. DETAILS: Speaker: Acting Director Harry SullivanDate: Tuesday, February...