02 May

Posted at 07:20h in ATP News, Latest AGOA News, Nigeria AGOA Update by
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The Nigerian Minister of Industry, Trade and Investment (FMITI), Adeniyi Adebayo has urged Nigerians to take advantage of the African Growth Opportunity Act, (AGOA). Adebayo said this when he received the report of the Technical Committee on the utilization of AGOA in Abuja on Tuesday.

02 May

Posted at 06:55h in AfCFTA, ATP News, U.S Africa Trade by
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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.

01 May

Posted at 09:03h in AfCFTA, Kenya Trade news, Latest AGOA News, U.S Africa Trade by
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There was more good news for the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement in December 2022, when a Memorandum of Understanding (MoU) was signed between the United States (US) Trade Representative and the AfCFTA Secretariat at the US-Africa Leaders’ Summit (Summit) in Washington DC. The MoU covers expanded engagement between the two regions and intends to “promote equitable, sustainable, and inclusive trade; boost competitiveness; and attract investment to the continent.”

04 Oct

Posted at 10:02h in Latest AGOA News by
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Kenyan companies want duty-free access to the American market guaranteed in new trade agreements with the Joe Biden administration. Kenya is looking to wrap up a fresh trade deal with the United States before the expiry of the African Growth and Opportunity Act (AGOA). The AGOA pact allows Sub-Saharan African countries to export thousands of products to the US without tariffs or quotas until 2025.

02 Oct

Posted at 10:15h in Latest AGOA News by
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BASEL, Switzerland — Landry Signe, Executive Director and Professor at Thunderbird School of Global Management Africa and senior fellow at Brookings Institution’s Growth Initiative in the Global Economy and Development Program, has stated that advancing trade and investment in Africa offers mutual economic prosperity for both Africa and the United States. Signe, has particularly stated that the time for U.S. and African partnership is now ripe and is something to act on immediately.

26 Sep

Posted at 09:29h in Latest AGOA News by
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President Cyril Ramaphosa undertook a high-profile visit to the White House and met US President Joe Biden earlier this month — but what exactly did South Africa’s head of state get out of it?

Discussion between the two leaders was intended “to address opportunities to deepen [the] relationship, identify next steps on issues of mutual importance and discuss regional and global challenges,” according to the White House’s press release.

02 Jan

Posted at 09:39h in Latest AGOA News by
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US removes Ethiopia, Mali and Guinea from duty-free trade programme over alleged rights violations and recent coups.

  The United States has cut Ethiopia, Mali and Guinea out of a duty-free trade programme over alleged human rights violations and recent coups. [caption id="" align="alignleft" width="413"]People walk to get food distributed in Tigray. US says it is 'deeply concerned' by the gross human rights violations being perpetrated by the government of Ethiopian Prime Minister Abiy Ahmed and other parties in northern Ethiopia [File: Ben Curtis/AP Photo][/caption]In a statement on Saturday, the US Trade Representative (USTR) said it terminated the three countries from the African Growth and Opportunity Act (AGOA) “due to actions taken by each of their governments in violation of the AGOA Statute”.
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