African manufacturers welcome US trade deal, call to finalise it
16 Articles
16 Articles
House Passes Africa and Haiti Trade Preference Programs
(NAFB.com) – The House of Representatives passed a three-year extension of preferential trade programs for sub-Saharan Africa and Haiti. The legislation, passed by a strong bipartisan vote, lowered trading barriers for emerging economies. Lawmakers voted 340-54 in favor of renewing the African Growth and Opportunity Act. They also passed the Haiti Economic Lift Program Extension Act 345-45. Both programs expired on September 30, 2025. The progra…
Agoa renewal brings relief
The US Congress has approved a three-year extension of the African Growth and Opportunity Act (Agoa), a development government and industry players say provides reassurance for local exporters who faced possible loss of duty-free access to the US market. The trade pact, which provides Malawi and other sub-Saharan African countries with duty-free access to the US market, lapsed last October after a brief expiration, prompting concerns that the de…
South Africa backs extension of US–Africa trade deal as companies brace for tariff pressures
South Africa has welcomed a move by the United States Congress to extend a key trade preference program for African countries, describing it as an important source of short-term relief for exporters facing higher costs amid new US tariffs. The development comes at a time of strained political relations between Pretoria and Washington, underscoring the continued economic interdependence between Africa’s most industrialized economy and the world’s…
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