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Kenya offers textile firms tax incentives to create jobs

Kenya offers textile firms tax incentives to create jobs

Kenya has started offering tax incentives to clothing companies, a key part of its under-performing manufacturing sector, to create jobs and provide affordable new clothes for shoppers. Executives in the textiles industry said the...

22 April 2017
Kenya: 'AGOA doubts cut US exports 12%'

Kenya: 'AGOA doubts cut US exports 12%'

The volume of apparel shipped to the US under the African Growth and Opportunity Act (AGOA) declined by 12.1 per cent last year even as uncertainty clouds the 17-year-old preferential pact under President Donald Trump. The 2017 Economic...

21 April 2017 | LYNET IGADWAH
US Ambassador to Togo to visit Alaffia factory ahead of AGOA summit

US Ambassador to Togo to visit Alaffia factory ahead of...

US Ambassador David Gilmour, who represents the United States in the nation of Togo, will travel to Tumwater April 11-13 to tour the headquarters of natural body care products company Alaffia. The company has been selected to present...

12 April 2017
Nigeria: Abia State to establish 9,000-hectare free trade zone

Nigeria: Abia State to establish 9,000-hectare free trade...

Gov. Okezie Ikpeazu of Abia on Tuesday said that the state would establish a 9,000- hectare free trade zone at its boundary with Rivers. Ikpeazu made this known when Chief Olabitan Famutimi, the National President of Nigerian-American...

11 April 2017
'Trump and America can win by doing more business with Africa'

'Trump and America can win by doing more business with...

The United States and sub-Saharan Africa do tens of billions of dollars in trade together each year. While some regions in the world are disturbed by President Trump’s “America first” stance, most exports coming from Africa to the...

08 April 2017 | ERIC IDIAHI
Nigeria: Experts canvass measures to boost non-oil export through AGOA

Nigeria: Experts canvass measures to boost non-oil export...

Nigeria’s current economic situation, particularly the disparity between naira and U.S. dollar present huge opportunities that must force government and stakeholders to boost non-oil exportation through  the African Growth...

06 April 2017 | Kingsley Jeremiah
Mauritius: Business minister urges SMEs to maximise AGOA benefits

Mauritius: Business minister urges SMEs to maximise AGOA...

The African Growth and Opportunity Act (AGOA) offers a duty-free access to the largest market in the world. Although it has the potential to be a major driving force in African development, the AGOA has been under utilised. With the...

06 April 2017
Nigeria: Export partners sensitize Aba shoe/garment makers on AGOA

Nigeria: Export partners sensitize Aba shoe/garment...

The importance knowledge and readiness to take advantage of opportunities has been described as imperative, especially in boosting the capacity of small businesses in mobilising scarce foreign exchange. Fidelity Bank Plc, in...

04 April 2017 | Chijioke Nelson
American foreign policy in Sub-Saharan Africa: Where to from here?

American foreign policy in Sub-Saharan Africa: Where to...

Following Donald Trump’s surprise election in late 2016, the relative stability of American foreign policy on the continent has been called into question. Apart from Trump’s general unpredictability and lack of clarity on policy...

29 March 2017 | Rafael Friedman
Malawi: Expert calls for SMEs’ consortium to better utilise AGOA

Malawi: Expert calls for SMEs’ consortium to better...

An expert on Small and Medium Enterprises (SMEs) has called for the need to have a consortium to help in meeting the demand for local products on the international market. This comes at a time when Malawi producers are failing to meet...

29 March 2017 | LUKE BISANI
'For African countries, innovation must trump our focus on trade'

'For African countries, innovation must trump our focus...

Africa is overwhelmingly the poorest region in the world. In 2015, after more than a decade of the “Africa Rising” narrative, the region’s GDP was around $1.6 trillion, barely 2% of global GDP. The same year, Africa (including...

15 March 2017 | Efosa Ojomo
'Moves to push for new US-Africa trade policy'

'Moves to push for new US-Africa trade policy'

The President of US-Africa Business Centre at the US Chamber of Commerce, Mr Scott Eisner, has expressed the resolve of the chamber to make Africa the frontline of President Donald Trump’s administration in terms of trade...

14 March 2017 | MACLEAN KWOFI
'Meet the woman considered an architect of AGOA'

'Meet the woman considered an architect of AGOA'

The hard-won African Growth and Opportunity Act allows duty-free exports to the U.S. from eligible African countries, and it remains a controversial trade agreement, but it has changed the conversation about U.S.-Africa trade,...

11 March 2017
'Open Letter to African Economic and Trade Ministers: There’s a Trump in your future, like it or not'

'Open Letter to African Economic and Trade Ministers:...

Given the new sheriff in town in Washington, and his strong ideas about trade, J. Brooks Spector believes it is the right time for African nations to come together to define their agenda on trade issues with America – before the Trump...

09 March 2017 | J Brooks Spector
East Africa: 'Plan to ban used clothes, shoes puts AGOA gains at risk'

East Africa: 'Plan to ban used clothes, shoes puts AGOA...

East Africa's eligibility to retain duty-free access to markets in the United States under the Africa Growth and Opportunity Act (Agoa) is at risk following concerns raised by Washington about the bloc's decision to phase out the...

08 March 2017 | Christabel Ligami
Future of AGOA 'uncertain in Trump era'

Future of AGOA 'uncertain in Trump era'

What will trade with Africa look like under a Trump presidency? African leaders are concerned that the African Growth and Opportunity Act, or AGOA, will be on the chopping block under Trump and that the continent itself will not be a...

04 March 2017 | David Love
'Donald Trump and Africa'

'Donald Trump and Africa'

Question: Doesn’t it badly distort reality to call something that creates large numbers of jobs for American workers “foreign aid”? Are actions that greatly increase our export earnings “foreign aid”? Is it “foreign...

02 March 2017 | Christopher Akor
Why Africa should be high on Donald Trump's list of priorities

Why Africa should be high on Donald Trump's list of...

Amid all the confusion over Donald Trump’s presidency, there are few clues about how his administration will approach the US’s relationship with Africa. The continent was rarely mentioned in the run-up to election day, and so far,...

02 March 2017 | Ricardo Reboredo
'Make America great again' in Africa

'Make America great again' in Africa

If President Donald Trump is to “Make America Great Again” he cannot afford to ignore Africa. It is in this region of over one billion people -- the world’s second-fastest growing continent -- that the rise of China and the...

17 February 2017 | Rosa Whitaker
'Does AGOA unfairly benefit Chinese firms?'

'Does AGOA unfairly benefit Chinese firms?'

On the face of it, this multi-national system appears to be a win-win – evidence of trained African employees entering the global value chain, funded by Chinese partners and ready to take full advantage of American trading privileges....

14 February 2017 | David Thomas
Trump calls Nigeria, South Africa, also discusses trade

Trump calls Nigeria, South Africa, also discusses trade

President Donald Trump has been increasingly chatting with other world leaders during his first weeks in office. On Monday he turned his attention to Africa. Trump spent Monday morning calling two of the continent's most prominent...

13 February 2017 | Stephanie Busari
‘How Nigeria can take advantage of the AGOA deal’

‘How Nigeria can take advantage of the AGOA deal’

Worried by the low level of exploitation of the African Growth and Opportunity Act (AGOA) deal by many operators in the non-oil sector, especially in the cotton, garments and apparels market, a global expert and the Bank of Industry...

10 February 2017 | Femi Adekoya
Opinion: 'US TPP withdrawal puts question mark over AGOA future'

Opinion: 'US TPP withdrawal puts question mark over AGOA...

Recently, President Donald Trump successfully succeeded to withdraw the US from the Trans-Pacific Partnership (TPP). At the back of that decision, questions have since been raised over the future of Africa Opportunity and Growth Act...

09 February 2017 | Hamlet Hlomendlini
What will Trump’s embrace of bilateralism mean for America’s trade partners?

What will Trump’s embrace of bilateralism mean for...

Among the many changes Donald Trump is bringing to American trade policy, the new president has made clear that he believes bilateral trade deals are better than regional or multilateral agreements. For America’s trade partners,...

08 February 2017 | Geoffrey Gertz
Ghana: Chamber of commerce lauds trade minister’s ideas

Ghana: Chamber of commerce lauds trade minister’s ideas

The Ghana National Chamber of Commerce has expressed satisfaction with the Trade and Industry Minister, Alan Kyerematen, for pledging to strengthen and boost local businesses in the country. Alan Kyerematen during his vetting process...

06 February 2017 | Anita Arthur