Latest News
Despite AGOA extension uncertainty clouds US-Africa trade future - Xinhua
News Highlight
According to Chinese Xinhua, uncertainty about the future of AGOA, the political conditions attached to it, and broader U.S. tariff policies have clouded the programme's outlook.
The United States reauthorised the African Growth and Opportunity Act (AGOA) on 3 February 2026, with the extension due to expire at the end of the year.
However, according to the Chinese news agency Xinhua, the optimism the reauthorisation brought to African countries seeking to expand exports to the world’s largest market “quickly faded as uncertainty surrounding US policy prompted exporters to hold back on expanding their businesses.”
According to U.S. Trade Representative Jamieson Greer, the extension applies retroactively from 30 September 2025, when the programme expired. Launched in 2000, AGOA provides duty-free treatment for selected products, including textiles, agricultural goods, and vehicles, from designated sub-Saharan African countries.
According to Xinhua, uncertainty about the future of AGOA, the political conditions attached to it, and broader U.S. tariff policies have, however, clouded the programme's outlook.
The report quoted Straton Habyarimana, a Rwandan economic analyst, as saying that "it will take some time to rebuild trust and for the United States to be seen as a reliable partner" in trade. Other experts said that predictable market access underpins macroeconomic resilience, enabling governments to plan, firms to invest, and workers to build livelihoods with confidence.
Related News
Latest Blogs
- Sharia and Nigeria’s constitutional democracy
- Assessing the National Policy on Marine and Blue Economy
- When the intent of taxation reset diverges from its execution
- Towards healthcare system that protects patients and is fair to practitioners
- Outlook on 2026 global remittances and Nigeria
Most Popular News
- Profile and reflection on Africa's women leadership ahead of IWD 2026
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- NDIC pledges support towards financial system stability
- CBN governor affirms banking sector recapitalisation is on course
- Ericsson and Mastercard partner to enhance global digital money
- Grene Capital spins out of Actis as independent real asset fund manager



