AGOA - African Growth and Opportunity Act

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Syllabus of the Subject: African Growth and Opportunity Act (AGOA) - The United States (Course).

1. Introduction to the African Growth and Opportunity Act (AGOA)
2. AGOA Amendments
3. AGOA V- Extension to third country fabric preferences to 2015
4. AGOA- Country eligibility
5. AGOA Product eligibility
6. General Rules of Origin (RoO)
7. Rules of origin for Wearing Apparel
8. Trade Agreements U.S.-African Countries
   1. Bilateral investment treaties
   2. Trade and Investment Framework Agreements (TIFA)
9. U.S. Trade with the Sub-Saharan Africa
   1. US-African Countries Bilateral Trade
   2. Top African export products (textiles, apparel manufacturing, coffee, and cashew)
   3. Exports by product sector
   4. Apparel Trade under the AGOA. Trade Quotas
10. Specialised projects
    1. West Africa Trade Hub
    2. Sub-Saharan African Suppliers to the United States
    3. U.S. Direct Investment in Africa. Successes cases
11. African global competitiveness initiative and African trade hubs
    1. East and Central Africa Trade Hub
    2. Southern Africa Global Competitiveness Hub
    3. Case Study: Handcrafts export growth in Ghana. Senegalese exporters. African Growers at the Super Floral Show in Atlanta
12. Historical evolution of foreign trade between the U.S. and Africa under the AGOA

The objectives of the Subject “African Growth and Opportunity Act (AGOA)” are the following:

1. To understand the aims of the African Growth and Opportunity Act (AGOA)
2. To evaluate the admission criteria by country and product eligibility
3. To understand the general rules of origin for textiles under the AGOA
4. To analyse the access to the U.S. market for the African products under the AGOA
5. To know the trade agreements between the African Countries and the United States (COMESA, UEMOA, EAC)
6. To analyse the international trade between the African Countries and the United States

Example of the Subject - African Growth and Opportunity Act (AGOA):

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African Portal - EENI Global Business School

Description of the Subject: African Growth and Opportunity Act (AGOA).

The African Growth and Opportunity Act (AGOA) is a U.S. Trade Act that considerably enhances the United States Market Access for forty Sub-Saharan African Countries.

The countries eligible for the African Growth and Opportunity Act (AGOA) are Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Chad, the Comoros, the Republic of the Congo, the Democratic Republic of the Congo, Djibouti, Ethiopia, Gabon, the Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé and Príncipe, Senegal, the Seychelles, Sierra Leone, South Africa, Swaziland, Tanzania, Togo, Uganda, and Zambia.

The countries not eligible for the AGOA are Zimbabwe and Sudan.

The African Growth and Opportunity Act (AGOA) passed as a part of the Trade and Development Act (2000) provides to the beneficiary countries in Sub-Saharan Africa with the most liberal access to the United States Market available to any nation or region with which the United States do not have a free trade agreement (FTA).

The AGOA strengthen the African reform efforts, provides an improved access to the United States, credit, and technical expertise, and create a high-level dialogue on foreign trade and foreign direct investment (FDI) in the form of a United States-Sub-Saharan Africa Trade and Economic Forum.

The Africa Investment Incentive Act (2006) amends parts of the African Growth and Opportunity Act (AGOA) and is referred to as “AGOA IV.” The AGOA extends GSP (Generalised System of Preferences) for eligible Sub-Saharan African beneficiaries.

United States-Africa Trade

Since its beginning in 2000, the African Growth and Opportunity Act (AGOA) has contributed to the increasing of the foreign trade with Africa and diversify the range of exported products.

1. Total international trade between the United States and Sub-Saharan Africa augmented 37% (USD 60.6 billion)
2. The United States total exports to Africa reach 22% to USD 10.3 billion, with remarkable gains in the agricultural products, machinery, and international transport equipment
3. The United States total imports (AGOA and non-AGOA) from Africa augmented by 40% to USD 50.3 billion, mostly owing to an increase in the petrol imports
4. The United States imports from the Sub-Saharan African Countries under the AGOA (including its GSP dispositions) were USD 38 billion
5. Non-petrol AGOA trade decreased by 16%, to USD 2.9 billion. Principally owing to declines in the African Growth and Opportunity Act (AGOA) apparel imports (USD 1.4 billion, down 12%), minerals and metals (USD 493 million, down 32%), and transport equipment (USD 273 million, down 49%)

Bilateral investment treaty (US-African Countries): Rwanda, Mozambique, the Republic of the Congo, the Democratic Republic of the Congo, and Cameroon.

Trade and Investment Framework Agreements (TIFA): Angola, Ghana, Liberia, Mauritius, Mozambique, Nigeria, Rwanda, South Africa, the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC), and the West African Economic and Monetary Union (WAEMU).

The African Growth and Opportunity Act (AGOA) belongs to the:

1. African Civilisation
2. North American area of the Western Civilisation.

Nigerian Trade Agreements: Economic Community of West African States (ECOWAS), West African Monetary Zone (WAMZ), Community of Sahel-Saharan States (CEN-SAD), European Union, Trade Preferential System (TPS-OIC)...

EENI Online Masters and Doctorates in International Business adapted to:

1. Eastern African Students: Eritrea, Ethiopia, Kenya, Mauritius, Malawi, Seychelles, Somalia, Sudan, Tanzania, and Uganda.
2. Western African Students: The Gambia, Ghana, Liberia, Nigeria and Sierra Leone
3. Central African Students: Cameroon and Rwanda
4. Southern African Students: Botswana, Lesotho, Namibia, South Africa, Swaziland, Zambia, and Zimbabwe.
5. Northern African Students: Egypt and Libya

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