Africa: The U.S. Bought Time on AGOA. Now it Needs a Strategy.
Washington, DC — In February, U.S. Congress passed a one-year extension of the African Growth and Opportunity Act (AGOA). This came after a year of foot-dragging which resulted in the temporary lapse of the trade preference program. Meanwhile, China extended duty-free access to 53 African countries with which it maintains diplomatic relations. The juxtaposition of these…
