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Africa wants one trade deal with the US, the US wants many

Africa wants one trade deal with the US, the US wants many

The US and Africa have different views on their future trade relationship when a preferential access deal expires in 2025. US Assistant Secretary of State for African Affairs Tibor Nagy said in an interview Sunday his country favours bilateral trade agreements with African nations. A day later, African Union Trade and Industry Commissioner Albert Muchanga said the African Union (AU) favours a free-trade agreement with the US to replace the African Growth and Opportunity Act (Agoa). “To replace Agoa, we would like to...

06 August 2019 | Katarina Hoije
Remarks of Ambassador C.J. Mahoney at the 2019 AGOA Forum in Abidjan, Côte d’Ivoire

Remarks of Ambassador C.J. Mahoney at the 2019 AGOA Forum in Abidjan, Côte d’Ivoire

Deputy United States Trade Representative C.J. Mahoney delivered the following remarks at the opening ceremony of the 2019 African Growth and Opportunity Act (AGOA) Forum: Good morning President Ouattara, esteemed Ministers and heads of delegations from our AGOA Partner Countries, Secretaries-General and Commissioners of the Regional Economic Communities and the African Union, Members of our Congressional delegation, my fellow colleagues from the U.S. Government, honored delegates and invited guests, welcome to the 18th AGOA...

05 August 2019 | USTR
South Africa: African free-trade deal can help boost exports to the US, says Patel

South Africa: African free-trade deal can help boost exports to the US, says Patel

The continent has the opportunity to align the new deal with plans to increase access to US markets.  The establishment of an African free-trade zone will enable the continent to speak with one voice and potentially boost exports to the US, say SA’s trade and industry minister Ebrahim Patel says. Concerns have been raised about the future of the African Growth and Opportunity Act (Agoa) under President Donald Trump's administration. Enacted 19 years ago, Agoa gives special treatment to 39 African countries by abandoning...

04 August 2019 | BEKEZELA PHAKATHI
US House Black Caucus to advocate extension of AGOA

US House Black Caucus to advocate extension of AGOA

The Majority Chief Whip of the United States House of Representatives, Mr James Clyburn, has said the Black Caucus in the US Legislature will advocate the extension of the African Growth and Opportunities Act (AGOA) to 25 years when the current agreement expires in 2025. He said it was the view of the caucus that America’s future with Ghana and other African countries should centre on trade and not aid. “We consider aid to be important with various non-profit groups, but when it comes to governmental approach, we will be emphasising...

02 August 2019 | BY: Seth J. Bokpe
Nigeria: Provide us warehouse in US, AGOA food exporters task Fed Government

Nigeria: Provide us warehouse in US, AGOA food exporters task Fed Government

Exporters of food products have called on the Federal Government to assist in providing enabling environment for easy export to the United States under the African Growth and Opportunity Act (AGOA). The exporters bared their minds at a recent Stakeholder’s roundtable meeting held at the Nigerian Export Promotion Council (NEPC), Apapa, Lagos. Organised by the AGOA Trade Resource Center (ATRC), the meeting featured Food and Drug Administration (FDA) Certified and licensed exporters during which participants exchanged ideas on best...

30 July 2019
US delegation reaffirms commitment to Ghana’s apparel manufacturing industry

US delegation reaffirms commitment to Ghana’s apparel manufacturing industry

The United States of America has reaffirmed its commitment to supporting Ghana’s apparel manufacturing industry. This follows a visit of a high-level U.S Congressional Delegation including its Speaker, Nancy Pelosi, to Ghana’s largest apparel manufacturer in West Africa, Dignity Do the Right Thing (DTRT) located in Adabraka, Accra. Speaking to JoyBusiness at the visit to the DTRT Factory, the Managing Director of the manufacturing firm, Salma Salifu said her outfit with the support of the U.S. Embassy, is looking at increasing the...

30 July 2019 | Bismark Awusah
AGOA Forum 2019 - all the details and documents

AGOA Forum 2019 - all the details and documents

Details about the 2019 annual United States - Sub-Saharan Africa AGOA Forum can be viewed in the AGOA Forum section. This includes logistical details and agenda information. Come back to visit as new updates are shared.    Link: www.agoa.info/forum 

29 July 2019
AGOA eligibility reviews 2019: Selected extracts from submissions

AGOA eligibility reviews 2019: Selected extracts from submissions

The public hearing, US Trade and Investment in Sub-Saharan Africa: recent trends and new developments, takes place today, 24 July, in Washington. The witness list can be accessed here . For background on the Hearing, see the USITC Federal Register Notice. Background report:   U.S. trade and investment with Sub Saharan Africa: Recent developments. Extracts from selected advance submissions: Ambassador Sankatana Gabriel Maja. The Government of Lesotho, through the Lesotho National Development Corporation,...

24 July 2019
AGOA - good for Africa, warts and all?

AGOA - good for Africa, warts and all?

The African Trade and Opportunities Act (AGOA), established by the United States government on May 18, 2000, has been described as the cornerstone of the U.S. economic engagement with sub-Saharan Africa, where it has invested more than U.S.$7 billion towards trade capacity initiatives. Some say AGOA was the U.S. government's answer to China's growing presence on the African continent. But what is the U.S. strategy as AGOA nears its end, and the impact of Africa's "growing youth tsunami" as the  African Continental Free Trade Area...

24 July 2019 | Esther Rose
AGOA Forum 2019 Preview Briefing - July 23, 2019 [now with sound file]

AGOA Forum 2019 Preview Briefing - July 23, 2019 [now with sound file]

Media Advisory | July 23 Briefing with Ambassador Tibor P. Nagy, Assistant Secretary, Bureau of African Affairs and Constance Hamilton Assistant U.S. Trade Representative for Africa. EVENT: Please join us on Tuesday, July 23 2019, at 8:30am EDT for a telephonic press conference with Ambassador Tibor P. Nagy, Assistant Secretary, Bureau of African Affairs and Constance Hamilton, Assistant U.S. Trade Representative for Africa who will discuss the United States and Ivory Coast co-hosting the African Growth and Opportunity Act...

19 July 2019
US to deepen partnership with Namibia

US to deepen partnership with Namibia

The United States is working closely with Namibia to realise further growth in trade and investment between the two countries. United States (US) ambassador to Namibia, Lisa Johnson at a media briefing on Friday said her government is working closely to raise US companies' awareness about opportunities in Namibia which support development goals. Johnson made these remarks in line with the US's new trade and investment opportunity programme, known as 'Prosper Africa'. “The US administration is promoting more trade and investment between...

15 July 2019 | Charmaine Ngatjiheue
African Union high-powered delegation to attend US-Africa business conference in the US

African Union high-powered delegation to attend US-Africa business conference in the US

Following a successful launch of the African Continental Free Trade Area (AfCFTA) at the 12th Extraordinary Summit in Naimey, Niger, the African Union (AU) is set to send a high-powered delegation to the 2nd edition of the Trade with Africa Business Summit in Chicago. More information: https://www.twasummit.com The delegation would be led by His Excellency Ambassador Albert Muchanga, AU Trade Commissioner andChampion of Trade award recipient. Ambassador Muchangawill deliver a resounding keynote address on...

10 July 2019 | Olukorede Yishau
Ghana: AMCHAM commended for contribution to economy, celebrates 30 years of existence

Ghana: AMCHAM commended for contribution to economy, celebrates 30 years of existence

The American Chamber of Commerce-Ghana (AMCHAM) has received commendation for the good work it is doing for its members and for the economy. In an interview, as part of a special supplement to commemorate the 30th anniversary of AMCHAM, the US. Ambassador to Ghana, Madam Stephanie S. Sullivan, said, “Ayekoo and keep up the good work!” Referring to the membership of AMCHAM, she reminded members that they should not join just to receive benefits but to participate. Being an AMCHAM member is a great way of providing real and valuable...

04 July 2019
US begins AGOA eligibility review

US begins AGOA eligibility review

The annual review of the eligibility of sub-Saharan African countries to receive benefits under the African Growth and Opportunity Act (AGOA) is now underway. In a notice published to the Federal Register last week, the Office of the US Trade Representative (USTR) said recommendations are being developed for President Trump on AGOA country eligibility for calendar year 2020. Public comments are due no later than 3 September and information presented at a public hearing on 27 August will be considered in developing recommendations. Comments...

02 July 2019
Reason for optimism in Trump's 'Prosper Africa' policy

Reason for optimism in Trump's 'Prosper Africa' policy

When I entered the Joaquim Chissano International Conference center in Maputo, Mozambique, on 19 June for the opening of the Corporate Council on Africa’s (CCA) summit and the roll-out of the Trump administration’s Prosper Africa strategy, my first reaction was, “what were the organizers thinking?!” Who inaugurates a U.S. policy to counter our global competitors, most notably China, in a conference center built by the Chinese, with a grant of 50 percent of the construction cost, attached to a colossus of a hotel, the Hong...

01 July 2019 | K. RIVA LEVINSON
How US’s Prosper Africa plan can benefit businesses on the continent

How US’s Prosper Africa plan can benefit businesses on the continent

In my visit to Mozambique and SA last week I stressed with government and business leaders that the US wants to be Africa’s trade and investment partner. Together with my colleagues from across the US government, including the commerce department and the US Agency for International Development, we outlined a compelling case for the value of a US-Africa commercial partnership based on mutual advantage and shared interest in prosperity for all. The US recognises that Africa is a vibrant economy and critical trade partner, with six of the 10...

28 June 2019 | Tibor Nagy