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Browsing: African Growth and Opportunity Act (AGOA)
Uncertainty over Agoa adds to a growing list of strained trade relations between Africa and Washington D.C., since Trump 2.0…
For the first time, the China-Africa Economic and Trade Expo (CAETE) came to Africa, with Nairobi playing host last week.…
US Congress members ask Speaker Mike Johnson to invite President Ruto to address the assembly. President Ruto will be visiting…
Continuing from the discussion of evolving US-Africa trade relations, a key aspect of this dynamic is the strategic objective of…
The African Growth and Opportunity Act (AGOA) has played a pivotal role in the economic relations between the US and Africa. Since its enactment by the US Congress in 2000, Agoa has offered African nations preferential access to American markets, promoting trade and economic growth. In recent years, however, AGOA has become a focal point in the intensifying competition between the US and China for influence in Africa.
Four African countries are staring at huge losses running into billions of dollars starting January 2024 following their expulsion from the African Growth and Opportunity Act (AGOA). The move will further worsen the unemployment crisis in the affected countries. Agoa offers thousands of jobs in apparels industry, especially to the youth.
Investment and trade between the two countries was valued at more than $600 million last year. Kenya’s exports last year…
20 investments in manufacturing, ICT, energy, health and agri-business have been signed in past two months. Latest Kenya-US trade ties…
President William Ruto is seen to be leaning more towards the West as opposed to his predecessor and former boss…
The influx of used clothes from the west in effect affects the development of textile industries in the EAC Five…