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Africanews

After 25 years, US-Africa trade lifeline AGOA comes to an end

Africanews · Just In
Africanews
Africanews
Just In

The agreement, introduced in 2000, came to an end on Tuesday. Its potential reactivation remains uncertain.

Breakdown
  • The African Growth and Opportunity Act (AGOA) has officially expired after 25 years.
  • AGOA provided duty-free access for thousands of African products to US markets. 10s
  • Kenya's textile and apparel exports to the US grew from $50 million to $500 million under AGOA. 30s
  • Kenyan President William Ruto sought a five-year extension of AGOA at the UN General Assembly. 59s
  • Experts warn that the end of AGOA and new US tariffs could harm several African economies. 1m 54s
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