12 Jul U.S.-Africa trade and investment flourish, fueling economic growth and job creation
Building on the momentum generated at the U.S.-Africa Leaders Summit held in December 2022, the Biden-Harris Administration announced on Wednesday, July 12, that it had facilitated the closing of 75 new trade and investment deals between the United States and African countries.
11 Jul Here’s why US-Africa trade under AGOA has been successful for some countries but not others
Has the African Growth and Opportunity Act (AGOA) achieved its goal of improving trade and investment between the U.S. and Africa? Created in 2000 and renewed in 2015, AGOA is a U.S. government trade program that gives countries in sub-Saharan Africa preferential access to U.S. markets, allowing them to export products to the United States tariff-free.
11 Jul In brief: The future of US-Africa trade and investment
With AGOA due to expire in 2025, policymakers in the US and Africa must decide the basis for stronger US-Africa trade going forward.
15 Jun U.S – Africa Leaders’ Summit Producing Positive Developments – A Post Six-Months Assessment
Cape Town — Last December's U.S.-African Leaders' Summit, hosted by President Joe Biden in Washington, DC, has helped re-establish ties and strengthen business relationships, according to senior American officials who briefed reporters and offered an assessment of progress made in the six months since the well-attended event took place.
08 Jun Premier Winde heading to the US to fight for continued AGOA designation
Cape Town - Premier Alan Winde is leading a Western Cape Government delegation on an official mission to the US to fight for ongoing designation of South Africa as a beneficiary of the African Growth and Opportunity Act (AGOA).
07 Jun Patel again expresses optimism that South Africa will retain AGOA status
Trade, Competition and Industry Minister Ebrahim Patel has again expressed optimism that South Africa will be able to convince the US Congress to extend South Africa’s designation as an African Growth and Opportunity Act (Agoa) beneficiary beyond 2025, when the unilateral trade programme is due to expire.
02 Jun Africa: AfCFTA – African Ministers Adopt Ban on Trade of Second-Hand Clothes
African ministers, on June 1, adopted the protocol that prevents trading second-hand clothes across the continent under the preferences of the African Continental Free Trade Area (AfCFTA).
02 May How good governance can drive AfCFTA forward
International Trade is the bedrock of human progress, and a country cannot lead or stay with the tide of progress if it closes its doors to its neighbors. This unfortunately has been the case with countries within the African continent, which have traditionally imposed more restrictive trade measures on other African countries, preferring to trade with non-African countries.
29 Apr Using AfCFTA to boost food security in Morocco
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Any country that closes its doors to social, economic, and other forms of interaction with others thrives on self-deceit; its citizens and economy would be limited because no country can exist and excel in isolation.