As African nations worry about AGOA trade window lapse, there are signs US is considering extension
Experts say AGOA needs major reforms to live up to its promise. Some companies flag the requirement that eligible countries be re-certified each year as a source of uncertainty that deters long-term investments.
Textile exporters to US plan massive job cuts in Kenya and rest of Africa as AGOA runs full course
A key example of the deal’s impact can be found in Kenya, where it has allowed the country’s textile and apparel sector – makers of jeans, for instance – to effectively compete with Asian exporters such as in Bangladesh and Vietnam.
Kenya’s trade minister holds talks with US counterpart in Washington to address volatile business outlook
Citi Bank, NASDAQ, Cigna Healthcare, Siemens Healthcare, Vantive, American Tower Corporation, Tidal Basin Advisors, BowerGroup Asia and the Burns Brothers were among the companies represented at the session, where discussions explored opportunities in healthcare, digital trade, renewable energy-powered data centres, and infrastructure.
