Browsing: East Africa’s investment hub

A report launched in April 2021 on the US-Kenya trade negotiations analysing the implications for the future of the US-Africa trade relationship shows that if successful, the FTA would represent the most significant innovation in US-African trade relations since the enactment of the African Growth and Opportunity Act (AGOA) trade preference programme in 2000.

With a new administration taking over in the US following an election where Trump lost to President Joe Biden, an agreement has yet to be reached. This presents the Biden administration with a decision on whether to continue negotiations with Kenya.

Kenya is regarded as the largest economy in the East African region and ranked amongst the top ten in Africa.