From August 8-10, the United States and Togo will co-host the African Growth and Opportunity Act (AGOA) Forum in Lome, Togo. The theme of this year’s Forum is “The U.S. 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, expanding inclusive and sustainable economic growth, and generating prosperity.( https://tg.usembassy.gov/togo-host-2017-agoa-forum)
The AGOA Forum is an annual event which brings together key government, civil society and private sector stakeholders to engage in discussions on trade as a means to build competitive economies in Africa. In addition to participating in the overall program, the Hub will take part in the private sector dialogue on August 8, 2017 organized by the Corporate Council of Africa to discuss AGOA successes and the way forward. The discussion will cover:
1. Impact of AGOA on eastern African businesses as well as Madagascar (losing status then regaining it)
2. Hub’s experience working with large U.S. sourcing companies
3. Hub’s capital raising experience (Debt V Equity) and an example of how the Hub has helped an East African company access concessional debt from IFC
4. The process for accessing concessional debt, requirements, challenges and how investment facilitation could help other SMEs take better advantage of AGOA.
Read here how a Kenyan company has benefited fro AGOA
Why Source from eastern Africa?
Madagascar and Mauritius