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Browsing: African Continental Free Trade Agreement
- The proposed AGOA extension signals a commitment to bolstering trade relations between the US and Africa.
- US Senators Chris Coons and James Risch have introduced the bipartisan Agoa Renewal and Improvement Act of 2024, aiming to integrate AGOA with the AfCFTA.
- Bill aims to refine AGOA’s eligibility criteria, increase transparency, and hold US agencies accountable for their advice to the president: Senator Risch
AGOA extension proposal
The US Congress has proposed extending the African Growth and Opportunity Act (Agoa) to 2041, covering all 54 African countries. Senators Chris Coons of Delaware and James Risch of Idaho introduced the bipartisan Agoa Renewal and Improvement Act of 2024, aiming to integrate Agoa with the African Continental Free Trade Agreement (AfCFTA) to foster intra-African supply chains.
Originally enacted in 2000, Agoa is set to expire next year. However, the proposed extension signals a commitment to bolstering trade relations between the United States and …
The power of music to unify can not be understated. South African hit song Jerusalema got the world on its feet providing much-needed relief amid a global pandemic, symbolizing hope and togetherness even amidst a crisis.
If there is one thing common in Africa it’s music and dance. At weddings, Africans sing and dance. At funerals, there is song and dance. In fact, music and dance are the tools Africans use to express any emotion. It’s no wonder that the entertainment industry is making strides and gaining recognition on a global scale.
And it’s not just music, the African creative scene boasts of success in the film industry, visual, and performing arts among others. The power of art extends beyond entertainment and sentiment, it is also a lucrative arena with massive earning potential. In the US, the creative industry rakes in over 800 billion per year a simple testament to …