The African Growth and Opportunity Act (AGOA) is expiring, ending 25 years of duty-free access for African nations to the US market. This will cause significant job losses and economic setbacks due to new tariffs, but also presents an opportunity for Africa to diversify trade, strengthen intra-continental commerce, and forge new global partnerships.
The African Growth and Opportunity Act (AGOA) is expiring, ending 25 years of duty-free access for African nations to the US market. This will cause significant job losses and economic setbacks due to new tariffs, but also presents an opportunity for Africa to diversify trade, strengthen intra-continental commerce, and forge new global partnerships.