THE 2023 African Growth and Opportunity Act (AGOA) Forum took place in Johannesburg, South Africa, over the weekend. It featured a ministerial and private sector programme, as well as a private sector expo, that included B2B sourcing and matchmaking.
First launched in 2000, AGOA grants exports from qualifying African countries duty-free access to the United States – the world’s largest consumer market.
It is due to expire in September 2025, and discussions are currently underway over what would be its third reauthorisation.
African countries are pushing for an early 10-year extension without changes to reassure businesses and investors.
Source: Daily News