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The African Growth and Opportunity Act (AGOA) has served as the cornerstone of the U.S.-Africa commercial relationship for more than two decades but it is set to expire on September 30, 2025. While the legislation’s unilateral trade preferences have provided economic benefits for countries across sub-Saharan Africa, AGOA as a whole remains underutilized. To ensure continuity in U.S-African trade ties, the United States must grapple with the legislation’s potential reauthorization now, with a particular focus on how the utilization of AGOA might be improved.

Just a renewal of AGOA won’t be enough to achieve this ambitious vision, though. Instead, the Biden administration should double-down on its partnership with AGOA beneficiaries and ensure that each country makes greater use of the program, including through National AGOA Strategies, in a manner that promotes regional and continental value chains.…

Continue Reading How the Biden Administration can Make AGOA More Effective

Over the past two days, members of the private sector, government and civil society have gathered in Nairobi to discuss the role of the private sector in fighting corruption and implementing the Sustainable Development Goals.  The scourge of corruption has long been one of the main obstacles to realizing the incredible potential of the people…

The Kenyan government has suspended a controversial local ownership requirement in the new Companies Act 2015.  The confusion regarding how the provision made its way into the law is unsettling for foreign companies that are interested in one of the region’s top investment destinations.

Regarded as an overdue modernization of Kenya’s company and insolvency laws,…

Earlier this week, the Corporate Council on Africa’s Health Working Group hosted a World Bank presentation of The Global Financing Facility (GFF), a broad $4 billion facility that aims to promote reproductive, maternal, newborn, child and adolescent health (RMNCAH) in low- and middle-income countries.  The GFF–which was announced in September 2014 and currently consists…

Well-known as a destination for experiencing some of the world’s most breathtaking natural assets, the Sub-Saharan African region is making progress in staking a larger claim to the multibillion dollar medical tourism industry and is the fastest growing region for wellness tourism.  Strategic trade and investment policies have played a significant role in these advancements.…

Yesterday, the Corporate Council on Africa and the Government of the Republic of Kenya presented the Doing Business in Kenya Forum, an all-day conference focused on trade and investment opportunities in one of Africa’s largest economies and the anchor nation of the East African region.  Of the various initiatives which were detailed by the…