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US-Africa trade relationship in focus at AGOA Forum

On 22-26 September, African and US ministers, trade officials, civil society, and business sector representatives gathered in Washington D.C. to discuss the implementation of the African Growth and Opportunity Act (AGOA) at the 15th AGOA Forum. Held once a year, the event gives all stakeholders the opportunity to exchange on potential avenues for enhancing US-Africa economic ties. The AGOA is a unilateral scheme of preferences which was first established in 2000, and has constituted since then the cornerstone of trade relations between the...

01 October 2016

Africa’s position on post AGOA Forum Report

The African Ministers of Trade tabled an Africa position in the 15th Africa Growth and Opportunity Act (AGOA) Forum, held on 26 September 2016 in Washington DC, United States. The position is on the report titled “Beyond Agoa: Looking to the future of the U.S. – Africa Trade and Investment” issued by the US on 22 September 2016, as required by Congress in line with the AGOA Extension and Enhancement Act of 2015. The Forum is an annual event that alternates between Sub-Saharan Africa and the United States; the 16th Forum will be...

30 September 2016 | Marc Mcilhone

Where to after AGOA?

America has been rather late coming to the pan-African party.  It was only 2014 – some 14 years after China and Europe, and 21 years after Japan – that it created a forum for showcasing its engagement with all of Africa, in the form of President Barack Obama’s US-Africa Leaders’ Summit in Washington. But the United States (US) thinks it’s actually been doing just as much for Africa as the others, if not more, and for just as long – if not longer. After all, officials will tell you, it was in 2000 – the same...

29 September 2016 | Peter Fabricius

Kenya joins campaign against America’s trade deal with Asia

Kenya is lobbying against the planned Trans-Pacific Partnership Agreement (TPP) between US and 12 Asian states for fear of losing the current preferential access under African Growth and Opportunity Act (AGOA). The country joined other trade ministers from African countries at this year’s Agoa forum in Washington to urge the US to reconsider the move as it will make the goods coming from Africa uncompetitive in the market. Trade Principal Secretary Chris Kiptoo told the Business Daily that the preferences that Kenya enjoys will be...

29 September 2016 | GERALD ANDAE

Commentary: Where to after AGOA?

America has been rather late coming to the pan-African party. It was only 2014 – some 14 years after China and Europe, and 21 years after Japan – that it created a forum for showcasing its engagement with all of Africa, in the form of President Barack Obama’s US-Africa Leaders’ Summit in Washington. But the United States (US) thinks it’s actually been doing just as much for Africa as the others, if not more, and for just as long – if not longer. After all, officials will tell you, it was in 2000 – the same year...

29 September 2016 | Peter Fabricius

New 2016-2017 AGOA apparel quota caps announced

Authority: Title I, Section 112(b)(3) of the Trade and Development Act of 2000 (TDA 2000), Public Law (Pub. L.) 106-200, as amended by Division B, Title XXI, section 3108 of the Trade Act of 2002, Pub. L. 107-210; Section 7(b)(2) of the AGOA Acceleration Act of 2004, Pub. L. 108-274; Division D, Title VI, section 6002 of the Tax Relief and Health Care Act of 2006 (TRHCA 2006), Pub.L. 109-432, and section 1 of The African Growth and Opportunity Amendments (Pub. L. 112-163), August 10, 2012; Presidential Proclamation 7350 of October 2, 2000...

28 September 2016

South Africa: New US president can't kick SA out of AGOA - Coons

Whether the next president of the United States is former first lady Hilary Clinton or business magnate Donald Trump, the African Growth and Opportunity Act (Agoa) is set to remain in place until 2025. This is according to Delaware Senator Christopher Coons, the man who pushed for South Africa to be part of the renewal of Agoa. "I don't expect, after this election, either president to go back and sort of reach in Agoa and tear it up," Coons told a small group of South African journalists ahead of the first presidential debate between...

28 September 2016

Obama administration holds 15th AGOA Forum, looks to maximize US-Africa trade through AGOA and beyond

Today, U.S. Trade Representative Michael Froman led the U.S. delegation at the U.S.-Sub-Saharan Africa Economic Cooperation Forum (AGOA Forum). This year’s AGOA Forum brought together government officials, civil society leaders, and business representatives from the United States and across Africa to discuss the current state of the US-Africa trade and investment relationship, highlight policies to maximize African Growth and Opportunity Act (AGOA) utilization, and explore potential pathways to update the U.S.-Africa trade and investment...

26 September 2016 | USTR

AGOA Forum 2016: Africa tables position on AGOA

African Trade Ministers have tabled the continent's position in the 15th Africa Growth and Opportunity Act (AGOA) Forum, says the Department of Trade and Industry. The position is on the report titled, "Beyond AGOA: Looking to the future of the US - Africa Trade and Investment," issued by the US on 22 September 2016, as required by Congress in line with the AGOA Extension and Enhancement Act of 2015. The Ministers said they consider the report as a start of a conversation on trade and investment relationship beyond AGOA. The African...

26 September 2016

Remarks by Ambassador Michael Froman at the opening of the 2016 AGOA Forum

[As delivered] Thanks very much. Good morning esteemed Ministers and heads of delegations from our AGOA Partner Countries, Secretaries-General and Commissioners of the Regional Economic Communities, Honorable Members of Congress, U.S. Government colleagues. It’s great to see so many friends here from the private sector, civil society, from our YALI program, who we have worked so closely with over the last several years. As I have learned from all of you, ‘All protocol observed.’ As we open this final AGOA Forum of the Obama...

26 September 2016 | Michael Froman

Tapping Africa’s full potential

California’s Silicon Valley is nearly 10,000 miles from Kenya’s Silicon Savannah but they share a role as innovation hubs for their respective countries. Just as Silicon Valley has transformed business in the United States, Silicon Savannah entrepreneurs are now helping Kenya leapfrog development challenges and plug into the twenty-first-century global economy. Thousands of new apps – such as M-Pesa, a mobile-payment platform that has economically empowered women, rural populations, and small businesses, and M-Farm, a women-developed...

25 September 2016 | Michael Froman and Amina Mohamed

Uganda 'risks losing AGOA deal over used clothes ban'

Uganda risks being phased out of African Growth and Opportunity Act (Agoa) deal if it bans the importation of used clothes, Daily Monitor has learnt. African Growth and Opportunity Act is a United States Trade Act which allows market access to the US from selected sub-Saharan African (SSA) countries, including Uganda. In a courtesy call to the Speaker of Parliament, Ms Rebecca Kadaga recently, the US ambassador to Uganda, Ms Deborah R Malac, discouraged the move to ban used clothes on the grounds that it could jeopardise free trade between...

24 September 2016 | Ismail Musa Ladu

South Africa: Minister Davies arrives in Washington ahead of AGOA Forum

Trade and Industry Minister Rob Davies has arrived in Washington DC for the 15th Africa Growth and Opportunity Act (AGOA) Forum. The AGOA Forum is an annual forum that takes place on an alternating basis between sub-Saharan Africa and the United States. The one-day forum will take place on Monday, 26 September. The 14th forum was hosted by Gabon in 2015. Under the theme, 'Maximising US-Africa Trade and Investment: AGOA and Beyond', the forum will focus on the implementation of AGOA utilisation strategies, as well as the US-sub-Saharan...

24 September 2016

Kenya out to make workplaces safer

Kenya is aligning policies and labour laws to global best practices in production, EAC, Commerce and Tourism Cabinet Secretary Phyllis Kandie has said. Ms Kandie said the move is aimed at reaping maximum benefits under the extended African Growth and Opportunity Act (Agoa) trade agreements. Speaking at the Agoa Labour and Trade Ministerial meeting in Washington, DC, Ms Kandie said workers’ rights was key to successful implementation of trade agreements. Participants said while the Agoa pact does not specifically require affected...

23 September 2016

Nigerian Senator Ngige lists poverty, trade imbalance as bane of AGOA

The Minister of Labour and Employment, Senator Chris Ngige, made the assertion while leading the Nigerian delegation to the Africa Growth and Opportunity Act Ministerial Roundtable taking place at the Department of Labour Building Washington D.C, United States. Nigeria has urged the United States of America to demonstrate stronger commitment to improved economic ties with African nations through balanced trade relations. Nigeria argued that the sudden stoppage of import of the Nigerian crude oil by the United States was antithetical to the...

23 September 2016 | SEGUN ADEBOWALE

Reaching farther together for inclusive growth in Africa

Today I had the honor of welcoming a distinguished group of leaders from 14 African nations to the 2016 African Growth and Opportunity Act Labor and Trade Ministerial. AGOA authorizes the president to designate countries as eligible to receive preferential trade benefits if they are determined, among other criteria, to have established, or are making continual progress toward establishing, the protection of internationally recognized worker rights and the elimination of certain child labor practices. The goal of programs like AGOA is not...

23 September 2016 | Tom Perez

South Africa: Options for US trade after AGOA

This week, the US is hosting African countries for the annual African Growth and Opportunity Act (Agoa) forum under the theme "Maximising Agoa now while preparing for the future beyond Agoa". The act, a unilateral development programme offering African countries duty-free access for select exports to the US, is set to expire in 2025. The forum will discuss how African countries can maximise its benefits until the programme expires and consider economic engagement after that. SA should use this opportunity to explore how future trade and...

23 September 2016 | CYRIL PRINSLOO AND CHARISMA NCUBE

AGOA Forum - Notice to the press

U.S. DEPARTMENT OF STATE Office of the Spokesperson For Immediate Release NOTICE TO THE PRESS September 22, 2016 African Growth and Opportunity Act (AGOA) Forum 2016 On September 26, Assistant Secretary of State for African Affairs Linda Thomas-Greenfield and U.S. Trade Representative Michael Froman will deliver opening remarks for the 2016 Africa Growth and Opportunity Act (AGOA) Forum.  Since 2000, AGOA has been the cornerstone of U.S. economic policy in Africa.   The annual AGOA Forum serves as the premier event that...

22 September 2016 | Marion Wohlers

Kenya eyes more exports to US at AGOA summit

Kenya will push for a 500 per cent increase in exports to the American market during the upcoming African Growth and Opportunity Act (Agoa) Forum. State House Spokesperson Manoah Esipisu said yesterday the country will be looking into ways to maximise the agreement's benefits - as out of the Sh300 billion potential, its exports are worth just about Sh50 billion. "Yes, we are making greater use of the agreement but there is still a lot that can be done to improve the trade balance," said Mr Esipisu. He said Industrialisation Cabinet...

19 September 2016 | Graham Kajilwa

Nigeria: Non-oil exporters can generate more forex through AGOA, says NEPC

The Nigerian Export Promotion Council, NEPC, has charged non-oil exporters to maximise the full potential of African Growth and Opportunity Act (AGOA), saying it will help the Federal Government in achieving its diversification goal and improve the economy. Speaking at an interactive session with non-oil exporters in Lagos, the NEPC Regional Coordinator, South West, Mr. Babatunde Faleke said the best to grow naira was to improve on the volume of non-oil exports in with AGOA offer more opportunity in term of profit. Faleke said: “AGOA is...

19 September 2016 | Gabriel Olawale

In Lesotho, evidence of US trade deal's success, and its limits

Most months, Mamoleboheng Mopooane’s paycheck passes through her hands like water. There are her children’s school fees and groceries, rent, winter jackets, and the open palms of unemployed relatives back home asking again and again if she can spare just a little something, anything, to help them get by. All of that is a lot to ask of the $100 she earns every month stitching seams into American bluejeans at a garment factory here, and most of the time, the days trail out long after the money is gone, a quietly ticking countdown to the...

11 September 2016 | Ryan Lenora Brown

Uganda maps out plan to raise exports

The Uganda Ministry of Trade, Industry and Cooperatives last week unveiled its latest blueprint to increase exports and make locally made goods more competitive outside the country. According to a ministerial briefing paper, ‘The ultimate objective of the Trade, Industry and Cooperatives Sector is to significantly contribute to wealth and employment creation as well as to transform Uganda from a poor into a modern and prosperous society.’ The Main objective of the conference is to conduct a review of the performance of the Sector since...

04 September 2016 | Samuel Nabwiiso

SA’s chicken industry is ‘in a crisis’ – RCL Foods chief

The widespread dumping of chicken into South Africa remains a pressure point for diversified food producer RCL Foods, with the pronounced trend continuing to weigh on its earnings. RCL Foods, formerly known as Rainbow Chicken, reported an 11.9% decrease in headline earnings from continuing operations for the year to June 2016 to R849.7 million, while its headline earnings per share declined by 12.2% to 98.5 cents. It grew its group revenue by 6.8% to R25 billion during the period under review. The impact of chicken imports is felt by the...

01 September 2016 | Ray Mahlaka

COMESA states lack strong industries to spur regional trade - Siame

Zambia commerce permanent secretary Kayula Siame says intra-COMESA trade continues to face challenges despite the available instruments designed to improve integration. And COMESA assistant secretary general Dr Kipyego Cheluget says Zambia is among countries that have not exploited the African Growth and Opportunity Act (AGOA). Speaking during the official opening of the 32nd meeting of the trade and customs committee in Lusaka, Siame said the implementation of regional commitments and full-scale participation of COMESA member-states still...

31 August 2016 | Stuart Lisulo

Nigeria: 'How non-oil exporters can share in $8 billion AGOA deal'

Nigerian Export Promotion Council (NEPC), has charged non-oil exporters to maximise the full potential of African Growth and Opportunity Act (AGOA), saying it will help the Federal Government in achieving its diversification goal and improve the economy. Essentially under its extension, African countries would be engaged in the rules of origin to engender value-addition of raw materials as they could now include the cost of direct processing, as they share production from one country to another on their way to the U.S market. Indeed, the...

17 August 2016 | Benjamin Alade
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