Browsing: Africa Growth and Opportunity Act (AGOA)

  • AGOA has been a cornerstone of the U.S trade policy in Sub-Saharan Africa since the year 2000.
  • The non-reciprocal trade preference programme that provides duty-free access to the U.S market.
  • A range of manufactured goods and processed mineral products account for the bulk of exports.

African countries are pulling together to lobby the U.S Congress to approve the renewal of the Africa Growth and Opportunity Act (AGOA) this year.

Kenya and South Africa are leading the push to have a 10-year extension on the pact that allows a select number of African countries to export finished products to the US.

AGOA has been a cornerstone of the U.S trade policy in Sub-Saharan Africa since the year 2000.

The non-reciprocal trade preference programme that provides duty-free access to the U.S market, for about 40 eligible African countries, is set to expire in 2025.

Initially, it was intended to last 15 years …