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Pressure for US-Africa policy shift on AGOA will grow

Thursday, October 12, 2023

Significance

AGOA provides the central mechanism for US-Africa trade, but expires in 2025. This gives the upcoming meeting added weight as pressure is growing for the contours of the future US-Africa trade relationship to be reaffirmed or redefined.

Impacts

  • A revised AGOA may need to take account of the African Continental Free Trade Agreement, which officially commenced trading in 2021.
  • Despite positive indications, the final outcome is in the hands of the US Congress, which has faced substantial turmoil this year.
  • Washington’s decision to keep the AGOA Forum in South Africa hints at a de-escalation of tensions that flared over Pretoria’s Russia ties.

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