The Morning Call
Trade between the United States and sub-Saharan Africa is in the doldrums despite a 2000 U..S law designed to boost access to the American market.
This was made known at the 18th Africa Growth and Opportunity Act (AGOA) forum in Abidjan Ivory Coast with representatives from 40 African nations.
According to figures compiled by the U.S. agency USAID, trade quadrupled in value from 2002 to 2008, a year when it reached $100 billion, but fell back in 2017 to just $39 billion.
The AGOA accord provides 39 sub-Saharan African countries duty-free access to the U.S. for about 6,500 products, ranging from textiles to manufactured items.
Go to video
Vladimir Putin affirms "full support" for Africa
Go to video
Trump and Africa: A new mandate, new uncertainties
01:02
Kenya, China hold bilateral talks in Nairobi, as Kenya requests China's support to join BRICS
01:02
French president in Morocco on visit aiming to strengthen ties
01:37
Vladimir Putin holds bilateral talks with Cyril Ramaphosa on sidelines of BRICS summit
11:07
The economy, the challenge of Kaïs Saïed's second term [Business Africa]