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Kenya yet to tap full potential of Agoa pact

Published on November 11, 2015

Kenya could increase by 50 per cent its exports to the United States under the African Growth and Opportunity Act, (Agoa) according to a US-backed trade plan seen by the Nation.

The study initiated last year seeks to enable East African Community member states including Kenya, better utilise the trade platform.

As part of the plan, US businesses will invest about Sh10.2 billion in existing or new businesses in EAC countries in the next four years in what is expected to lead to the creation of 10,000 jobs in the region. Read more. Source | Daily Nation