US President Donald Trump’s administration supports a one-year extension of the African Growth and Opportunity Act, the trade initiative with sub-Saharan Africa that expires on Tuesday, according to a White House official. Since coming to office in January, the administration had not publicly stated a position on the act, known as Agoa, a law first…
African Growth and Opportunity Act has previously been renewed for a decade at a time The African Growth and Opportunity Act (AGOA) is likely to be renewed for one year, Lesotho’s trade minister Mohkheti Shelile told reporters on Wednesday. AGOA has previously been renewed for a decade at a time. AGOA has, since 2001, enabled…
[allAfrica] New York — The African Growth and Opportunity Act (AGOA), legislation that has been the cornerstone of the U.S.-African commercial relationship for the last 25 years, is set to expire on September 30th.
Miguel da Silva, Group Executive: Business Banking at TymeBank, examines the developments affecting South Africa’s SMEs as international finance leaders gather in Johannesburg. Johannesburg Hosts Global SME Finance Forum Alongside G20 Proceedings The Global SME Finance Forum takes place in Johannesburg from 15 to 17 September, bringing together more than 1 200 participants from over…
With the African Growth and Opportunity Act (AGOA) that has anchored U.S-Africa relations since 2000 set to expire on September 30, prospects for extension or renewal grow increasingly slim. Among foundational principles that have anchored AGOA, the key one is the duty-free entry of specific African products into the American market. “AGOA has helped bolster economic growth,…
