News Search

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...

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...

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...

Tea industry players have called for a review of the African Growth Opportunity Act to allow them access to the American market. Interim head of the tea directorate Samuel Ogola said they were negotiating to have Kenyan tea incorporated as one of the commodities for export to the market. Ogola said America is a high potential market for Kenyan tea but local traders can only benefit if they fulfill Agoa conditions. Agoa is a nonreciprocal trade preference program that provides imports of certain products from sub-Saharan African countries...