Kenyan companies want duty-free access to the American market guaranteed in new trade agreements with the Joe Biden administration. Kenya is looking to wrap up a fresh trade deal with the United States before the expiry of the African Growth and Opportunity Act (AGOA). The AGOA pact allows Sub-Saharan African countries to export thousands of products to the US without tariffs or quotas until 2025.
BASEL, Switzerland — Landry Signe, Executive Director and Professor at Thunderbird School of Global Management Africa and senior fellow at Brookings Institution’s Growth Initiative in the Global Economy and Development Program, has stated that advancing trade and investment in Africa offers mutual economic prosperity for both Africa and the United States. Signe, has particularly stated that the time for U.S. and African partnership is now ripe and is something to act on immediately.
President Cyril Ramaphosa undertook a high-profile visit to the White House and met US President Joe Biden earlier this month — but what exactly did South Africa’s head of state get out of it?Discussion between the two leaders was intended “to address opportunities to deepen [the] relationship, identify next steps on issues of mutual importance and discuss regional and global challenges,” according to the White House’s press release.