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House of Reps passes AGOA and MCA Modernization Act

House of Reps passes AGOA and MCA Modernization Act

Today, Rep. Karen Bass (D-Calif.), Ranking Member of the House Africa Subcommittee, applauded the passage of the African Growth & Opportunity Act (AGOA) and Millennium Challenge Act (MCA) Modernization Act, which passed by a...

17 January 2018 | Karen Bass
'Protect US interests in Africa'

'Protect US interests in Africa'

President Donald Trump’s strategy toward Africa will not advance United States interests on the continent. That’s the conclusion of an Africa expert who published a critique of administration policy in The Hill. With...

15 January 2018 | Peter Buxbaum
Swaziland:

Swaziland: "We should learn from AGOA loss"

Two years ago, I wrote on this very column how disappointing government was in the handling of the African Growth and Opportunity Act (AGOA) issue.  I remember vividly describing it as a catastrophe so dreadful to be likened to...

31 December 2017
US ambassador hails Gambia’s democratic progress

US ambassador hails Gambia’s democratic progress

The US ambassador to the Gambia, Patricia Alsup, has commended the Gambia for regaining its membership in the African Growth and Opportunity Act (AGOA) and for being selected for a smaller grant programme by the board of the US...

28 December 2017
US restores trade benefits to Gambia, Swaziland

US restores trade benefits to Gambia, Swaziland

U.S. President Donald Trump on Friday restored trade benefits to Gambia and Swaziland under the African Growth and Opportunity Act (AGOA), the U.S. Trade Representative’s Office said. [See text of Proclamation here] The AGOA trade...

23 December 2017 | Eric Beech
Presidential Proclamation to take certain actions under the AGOA and for other purposes

Presidential Proclamation to take certain actions under...

In Proclamation 9223 of December 23, 2014, President Obama determined that the Republic of The Gambia (“The Gambia”) was not making continual progress in meeting the requirements described in section 506A(a)(1) of the Trade Act of...

23 December 2017
Nigerian-American chamber optimistic of business growth in 2018

Nigerian-American chamber optimistic of business growth...

The Nigerian-American Chamber of Commerce (NACC) has expressed optimism that the business environment for the 2018 would be more promising compared to the outgoing year. Giving this assurance at the weekend was the National President of...

17 December 2017 | Ibrahim Apekhade Yusuf
Kenya direct air links: 'The Fresh Approach spies opportunities'

Kenya direct air links: 'The Fresh Approach spies...

Kenyan exporter The Fresh Approach is hopeful that the commencement of direct flights between Nairobi and the US city of Atlanta will lead to a major boost in exports to the market over the coming years. “The US has not really been...

12 December 2017 | Tom Joyce
Ethiopia: Institute says textile, garment market expanding

Ethiopia: Institute says textile, garment market expanding

The Ethiopian Textile Industry Development Institute said the foreign currency generated from the textile sector has been steadily growing. Institute Communication Directorate director Bantihun Gessesse told The Ethiopian...

12 December 2017 | ABEBE WOLDE GIOGIS
[PAPER]: AGOA and the Continental Free Trade Area

[PAPER]: AGOA and the Continental Free Trade Area

This essay assesses and evaluates the extent to which the African Growth and Opportunity Act (AGOA) increased imports from AGOA eligible countries to the United States from 2001 to 2015. The essay then examines how African countries can...

02 December 2017 | William Davis
US-Africa business strengthen trade relations

US-Africa business strengthen trade relations

The Africa Rising narrative has just received a big boost. This was after news on Tuesday about the Trade with Africa Business Summit 2018, an inaugural event that brings together global business leaders, change agents and innovators...

01 December 2017
Ethiopian footwear on the rise (includes latest data)

Ethiopian footwear on the rise (includes latest data)

The East African nation is ramping up sourcing capabilities, positioning the region (includes neighboring Kenya) as an up-and-coming hub for footwear manufacturing. Low-cost labor pool? Check. Abundant raw materials? Check. Low...

29 November 2017 | Greg Dutter
[PAPER] Defining and redefining US-AFRICA trade relations during the Trump Presidency

[PAPER] Defining and redefining US-AFRICA trade relations...

In an era in which multilateral trade arrangements have garnered more public notoriety than ever before, the suboptimal trade and investment relationship between America and Africa, as underpinned by the African Growth and Opportunity...

28 November 2017 | Stephen Lande and Dennis Matanda
Sierra Leone: Workshops offer training before Sierra Leone’s AGOA national strategy launch

Sierra Leone: Workshops offer training before Sierra...

Ahead of Sierra Leone’s U.S. African Growth and Opportunity Act (AGOA) strategy launch, two Trade Hub-hosted workshops for national officials focused on AGOA standards and other customs procedures. The Freetown trainings, hosted on...

28 November 2017
[PAPER]: Rethinking the AGOA model: How to create a pro-structural transformation of the US-Africa trade partnership

[PAPER]: Rethinking the AGOA model: How to create a...

Seventeen years into the life of the African Growth and Opportunities Act (AGOA), two key issues stand out: first, that the preference utilization rate—as indicated by the meagre increases in African exports to the United...

27 November 2017 | Joy Kategekwa
[PAPER]: Forging a new era in US-South African relations

[PAPER]: Forging a new era in US-South African relations

As one of the African continent’s largest and most sophisticated economies, South Africa offers a myriad of opportunities for engagement with the United States on diplomatic, commercial, security, and social fronts. It is a...

27 November 2017 | Antony Carroll
What is the AGOA and MCA Modernization Act?

What is the AGOA and MCA Modernization Act?

The African Growth and Opportunity Act, or AGOA, was passed into law by the 200th Congress on May 18, 2000. The bill was renewed up to the year 2025 in 2015, during the Obama administration. The primary purpose of the AGOA...

27 November 2017 | Blake Chambers
Lesotho: Economy set to grow 3% thanks to AGOA

Lesotho: Economy set to grow 3% thanks to AGOA

Lesotho is expected to register three percent economic growth in the current fiscal year. But the International Monetary Fund (IMF) has warned that the government needs to aggressively control spending and address the fragile political...

24 November 2017 | Bereng Mpaki
Kenya: TradeHub conducts national AGOA Strategy review workshops

Kenya: TradeHub conducts national AGOA Strategy review...

From November 22-23, the Hub collaborated with the Ministry of Trade, Industry and Cooperatives to conduct stakeholder workshops on home décor and fashion accessories, textile and apparel, and coffee. Participants discussed the supply...

23 November 2017
US begins investigation into trade with Sub-Saharan Africa

US begins investigation into trade with Sub-Saharan Africa

The US International Trade Commission has initiated an investigation into recent developments in the country's trade and investment with sub-Saharan Africa, as well as the region's trade performance and export prospects. In requesting...

20 November 2017 | Michelle Russel
US State Department official - 'We're looking at Africa in 2050'

US State Department official - 'We're looking at Africa...

We need to create jobs, help facilitate trade and address the challenges of the Africa of the future, says Donald Yamamoto, who is in charge of African affairs at the US State Department. African foreign ministers and African Union...

17 November 2017 | Melanie Cura Daball
Nigera 'will not miss out on AGOA again'

Nigera 'will not miss out on AGOA again'

National President, Nigeria-American Chamber of Commerce (NACC), Olabitan Famutimi, has said Nigeria will not miss out again on the African Growth and Opportunity Act (AGOA). He stated this during the NACC Member’s...

17 November 2017 | Ambrose Nnaji
Ghana: Garments industry receives $10 million Ghana EXIM support

Ghana: Garments industry receives $10 million Ghana EXIM...

The Export-Import (EXIM) Bank of Ghana has set aside $10 million to support the textiles and garments industry from the first quarter of next year. The Chief Executive Officer of the development bank, Mr Lawrence Agyinsam, who announced...

17 November 2017
Kenya to increase exports to 20% of GDP by 2020

Kenya to increase exports to 20% of GDP by 2020

Kenya targets to increase her exports to 20 percent of the Gross Domestic Product (GDP) in three years’ up from the current 14.5 percent, buoyed by the ongoing efforts to exploit destination markets in over 80 countries.  Trade...

13 November 2017 | Nicholas Nduati
US policy: Africa rising and the art of the deal

US policy: Africa rising and the art of the deal

Despite the controversy and political fallout surrounding the deaths of four special operations soldiers in Niger recently, it is clear that the Trump administration still has enough room to refocus on Africa among its foreign policy...

06 November 2017 | MARTIN GANDA