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
- Balancing online safety and child rights
- How Nigeria's economic interests are underserved by its diplomacy
- Fuel subsidies as pragmatic policy
- Of Nigeria’s costly, time-wasting performative politics
- A distant crisis from Nigeria yet so near in its impact
Most Popular News
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- Nigeria’s inflation rate climbs to 15.38 per cent
- Borrowers platform for developing countries launches
- Mobile money transaction value reaches $2 trillion – GSMA report
- AFC invests to catalyse local currency infrastructure financing in East Africa
- Dollar holds steady amid ongoing uncertainty in the Middle East



