This Administration seeks to do business not just in Africa, but with Africa, moving the focus of our economic relationship with the continent from aid to trade and investment. Trade will be free, fair, and reciprocal, and our investors will be more competitive. This is about creating jobs for both Americans and Africans throughout the continent.
One of our most important bipartisan endeavors in the economic arena is the African Growth and Opportunity Act, or AGOA. AGOA has been the cornerstone of U.S. economic engagement with countries of sub-Saharan Africa since 2000. Read more. Source | U.S. Department of State
The government of Rwandan has opened talks with the United States on the review of the American Growth and Opportunities Act (AGOA) in a bid to ensure continued duty-free access to the US market.
In July this year, the American began an out of cycle review on the eligibility of Rwanda and other East African Community partner states following a move by the region to phase out and eventually ban import of second hand clothes.
This move was aimed at supporting the regional textile industry and preserving the dignity of the East African citizens.
As part of the move, Rwanda last year increased taxes on used clothes from $0.2 to $2.5 per kilogramme, while taxes on used shoes will increase from $0.2 to $3 per kilogramme. Read more. Source | New Times
United States Trade Representative Robert Lighthizer is leading the US delegation at the 2017 African Growth and Opportunity Act (AGOA) Forum, being held August 8 to 10 in Lomé, Togo.
Established by AGOA legislation, the annual forum provides a platform for promoting stronger economic ties between the United States and qualifying sub-Saharan African countries that receive enhanced US market access under AGOA.
AGOA, a 2000 law, provides non-reciprocal trade preferences for eligible countries in sub-Saharan Africa. It has been a cornerstone of US policy toward the continent for the last three administrations. The premise behind AGOA is that Africa has opportunities worth US attention and investment. Read more. Source | Global Trade 101
Senior Bureau Official for African Affairs Peter Barlerin will travel to Togo from August 7 – August 10 as part of the delegation led by U.S. Trade Representative Robert Lighthizer to attend the 2017 African Growth and Opportunity Act (AGOA) Forum, held August 8-10 in Lomé, Togo.
Established by AGOA law, the annual forum provides a platform for promoting stronger economic ties between the United States and qualifying sub-Saharan African countries that receive enhanced U.S. market access under AGOA. The theme of this year’s Forum is “The United States and Africa: Partnering for Prosperity through Trade.” The Forum begins with events incorporating private sector, civil society, and U.S.-sponsored African Women’s Entrepreneurship Program (AWEP) participants, followed by two days of ministerial plenaries with representatives from the United States and the 38 African beneficiary countries. Read more. Source | US Department of State
The United States and Togo will co-host the African Growth and Opportunity Act (AGOA) Forum in Lomé, Togo August 8-10. The Forum will bring together senior government officials from the United States and 38 Sub-Saharan African AGOA-eligible countries to discuss ways to boost economic cooperation and trade between the United States and Africa. The African Union and regional economic communities will also participate.
The theme of this year’s Forum is “The United States and Africa: Partnering for Prosperity through Trade.” The 2017 Forum will explore how countries can continue to maximize the benefits of AGOA in a rapidly changing economic landscape, and highlight the important role played by women, civil society, and the private sector in promoting trade and generating prosperity.
Representatives from the private sector, civil society, and the U.S.-sponsored African Women’s Entrepreneurship Program (AWEP) will participate in Forum activities August 8-9. The Ministerial plenaries will follow on August 9-10, bringing together senior government officials from the United States and the 38 African beneficiary countries. Read more. Source | US Department of State
In a bid to benefit from the African Growth and Opportunity Act (AGOA) extension, US companies will now partner with Ugandan companies especially in agribusiness.
The business partnerships are expected to step up Uganda’s production and capacity of the agricultural sector, levels of trade and investment between the two countries.
This was one of the outcomes during the meeting between the US agricultural trade mission and the Private Sector Foundation Uganda stakeholders in Kampala last week. Read more. Source | Daily Monitor
AGOA 101 Uganda is an export guide published by the East Africa Trade and Investment Hub (the Hub). The guide seeks to ease the challenges faced by Ugandan entrepreneurs by highlighting the step-by-step process businesses should take to export from Uganda to the U.S duty-free under the African Growth and Opportunity Act (AGOA).
It covers the export process for Hub-focused sectors under AGOA including: Fashion Accessories and Home Décor, Textile and Apparel, Footwear, and Specialty Foods and products.
The guide will assist Ugandan businesses to take advantage of AGOA, thereby increasing export levels, and give U.S buyers a wider range of products from the region.
Un atelier visant à familiariser les PME avec l'African Growth and Opportunities Act (AGOA) sera organisé mercredi à Westin Turtle Bay Resort & Spa à Balaclava. Le ministre du Business, des Entreprises et des Coopératives, Soomildut Bholah, et le chargé d’affaires de l’ambassade des États-Unis, Melanie Zimmerman, seront présents pour l’ouverture.
Cette activité réunira une centaine de représentants de la communauté des affaires, des secteurs public et privé, des PME, et des entrepreneuses. L’objectif principal consiste à sensibiliser les participants aux opportunités existantes sous l’AGOA et les informer afin qu’ils puissent mieux comprendre le processus d’exportation et ainsi prendre avantage des possibilités d’affaires. Le but de cette loi, adoptée en mai 2000 par le Congrès américain, est de soutenir l'économie des pays africains en leur facilitant l'accès au marché américain s'ils adhèrent aux principes de l'économie libérale. Read more. Source | Le Mauricien
Speaker Rebecca Kadaga has said Parliament will next month invite Ugandans from different parts of the country to exhibit their traditional fashions.
Speaking to journalists at the Italian ambassador’s residence last week, Ms Kadaga said Ugandans need to be encouraged to start consuming locally made goods to support local manufacturers rather than spending money on foreign goods.She added that the US Agoa delegation will be in Parliament on April 10 and 11 to show Ugandans what they want and how they can enter the market because there are many good things in Uganda which Ugandans themselves are ignorant of. Read more. Source | Daily Monitor
Kenya is upbeat about launching direct flights to the United States earlier than planned after the Federal Aviation Administration (FAA) approved non-stop air travel between the two countries.
Inspectors from America’s FAA gave Jomo Kenyatta International Airport a clean bill of health after an audit leading to the award of the long awaited Category One status.
This sets the stage for signing of flight agreements between Washington and Nairobi as well as airlines seeking direct flights between the US and Kenya before commercial operations can start. Read more. Source | Business Daily