AGOA - African Growth and Opportunity ActSyllabus of the Subject: African Growth and Opportunity Act (AGOA) - The United States.
The objectives of the subject “African Growth and Opportunity Act (AGOA)” are the following:
African Growth and Opportunity Act (AGOA): The Subject “African Growth and Opportunity Act (AGOA)” belongs to the following Online Programs taught by EENI Global Business School: Doctorate: African Business, World Trade. Masters: Business in Africa, International Business, Foreign Trade. Courses: International Relations of Africa. Languages:
African Growth and Opportunity Act (AGOA). The African Growth and Opportunity Act (AGOA) is a U.S. Trade Act that considerably enhances the U.S. 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, Comoros, Democratic Republic of the Congo, Djibouti, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Republic of the Congo, Rwanda, São Tomé and Príncipe, Senegal, Seychelles, Sierra Leone, South Africa, 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 U.S. Market available to any nation or region with which the United States do not have a Free Trade Agreement. 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 (Generalized 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.
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). (c) EENI Global Business School (1995-2023) |