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Africa

US-Africa trade deal turns 25 next year: Agoa’s winners, losers and what should come next

    By Bedassa Tadesse, University of Minnesota Duluth     The African Growth and Opportunity Act (Agoa) is a landmark piece of trade legislation enacted by the United States in 2000. Its goal is to promote economic growth, development and poverty reduction in sub-Saharan Africa by providing qualifying countries with duty-free access to the US market for over 6,500 products. By eliminating import tariffs and quotas, Agoa aims to […]

today7 May, 2024