WebJul 9, 2024 · July 9, 2024 The African Growth and Opportunity Act (AGOA) is a trade act created by the United States as a way to help the countries of sub-Saharan Africa increase their access to U.S. markets in order to improve trade. The African Growth and Opportunity Act can help producers in Africa ship their products to the U.S. duty-free. WebFeb 17, 2024 · Initially approved for fifteen years, AGOA was reauthorized for ten years on June 25, 2015, by the Obama administration. In its current form AGOA will last until September 30, 2025. More on:...
African Growth and Opportunity Act (AGOA)
WebApr 11, 2024 · It provides eligible sub-Saharan African countries with duty-free access to the US market for over 1,800 products. This is in addition to the more than 5,000 other products that are eligible for duty-free access under the Generalised System of Preferences programme. Currently, 36 countries on the continent are eligible for AGOA benefits. WebNov 23, 2024 · The Forum brought together senior government officials from the United States and 38 Sub-Saharan African AGOA-eligible countries to discuss ways to boost … green yard professional
African Growth and Opportunity Act - Wikipedia
WebAug 13, 2024 · Non-oil trade under AGOA increased more than 300 percent since 2001, and the growth of these non-oil industries has spurred an estimated 300,000 direct jobs in beneficiary countries. AGOA has led to many more indirect jobs. To put a real face on AGOA’s successes, look at the Alafia company in Togo and Ghana. WebApr 12, 2024 · In 2011, the top five exporting AGOA eligible countries’ total value was $64.7 billion. These countries included Nigeria, Angola, South Africa, Gabon, and Chad. Ghana’s share of exports to the United States of America relative to the top five AGOA eligible countries was 2.9 percent. WebApr 12, 2024 · Cameroon aiming to boost export revenues, rejoin AGOA. April 12, 2024. Unifonic partners with InspireU to empower Saudi Arabia’s startup ecosystem. April 12, 2024. Africa Unicorns unveils first class of 40 African startups. April 12, 2024. foamy waves