Africa: AGOA Likely to Be Renewed for One Year, Says Lesotho Trade Minister

Africa: AGOA Likely to Be Renewed for One Year, Says Lesotho Trade Minister

African Growth and Opportunity Act has previously been renewed for a decade at a time

Africa Bets Big on U.S. Trade: Leaders Push for AGOA Extension

As the geopolitical situation intensifies, with U.S. President Donald Trump imposing huge trade tariffs to either restrict or regulate export transactions to the United States, African leaders and entrepreneurs have mounted critical efforts to renegotiate the extension of AGOA, which expires 30th September 2025. Over the past few years, African leaders have been advocating for […] The post Africa Bets Big on U.S. Trade: Leaders Push for AGOA Ext…

AGOA sigh of relief

. . . as US pledges a year’s extension   Hopolang Mokhopi  LESOTHO will secure at least a year’s extension of the African Growth and Opportunity Act (AGOA) following intense negotiations with the United States (US).  The 11th hour extension comes as the expiry of the AGOA agreement at the end of this month draws closer.   Lesotho has benefited significantly from AGOA, particularly in the textile and apparel sector, gaining preferential duty-free…

Trade unions cast doubt on AGOA renewal - The Reporter Lesotho | Fresh News, Daily

Government says it has successfully lobbied for the extension of a trade agreement which provides duty-free access to the United States market for thousands of products from eligible sub-Saharan African countries, including Lesotho. The African Growth and Opportunity Act (AGOA) is due to expire on Tuesday next week. Enacted in 2000 and renewed by the U.S. Congress in 2015, the law has been a lifeline for Lesotho’s textile sector, creating tens o…

U.S.-Africa Trade: African Leaders, Exporters Expressing Optimism for AGOA's Extension

As the geopolitical situation intensifies, with U.S. President Donald Trump imposing huge trade tariffs to either restrict or regulate export transactions to the United States, African leaders and entrepreneurs have mounted critical efforts to re-negotiate the extension of AGOA, which expires on 30th September 2025. Over the past few years, African leaders have been advocating for large-scale structural reforms, financial inadequacies, and polic…