ISDS Case Map
AGOA
African Growth and Opportuntities Act
The secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has cautioned that trade ties with the United States should not infringe on efforts to boost regional trade on the continent.
IN A GLOBALLY competitive post-Covid world, fractured by geopolitics and multiple wars, the Global South and Africa face increased interest from global powers.
The Biden administration has committed to enhancing Kenya's investment environment to serve as a blueprint for other African nations under the ongoing bilateral trade negotiations.
South Africa will be looking to get more out its trade ties with the US during next week’s African Growth and Opportunity Act (Agoa) Forum, where member countries will showcase the continent’s industrial capability and its regional value chains.
South Africa prepares to host the African Growth Opportunity Act (AGOA) forum to review critical challenges and obstacles adversely impacting trade opportunities and economic cooperation between the United States and Africa.
While Gabon, Niger, the Central African Republic (CAR) and Uganda have been kicked out of an American trade preference scheme for the continent, Mauritania will be making a return.
African countries who benefit from the African Growth and Opportunities Act will push for a 10 year extension of the agreement, the African Union (AU) commissioner for trade and industry Albert Muchanga said on the first day of a summit in Johannesburg.
Uganda on Wednesday criticised a U.S. move to eject it and other African countries from accessing a tariff-free trade programme, saying the action was to punish African countries that are resisting the imposition of the West's cultural values.
South Africa must tread carefully in its economic relationships to avoid being caught in the escalating tension between east and west, and more specifically China and the US.
According to officials, even as trade and investment negotiations with Kenya continue, the US appears to be more interested in the African Continental Free Trade Area and the AGOA agreement.
