The African Progress and Alternative Act (AGOA), granting duty-free entry to the U.S. marketplace for eligible African nations, is ready to run out on September 30, 2025. With President Donald Trump’s renewed skepticism towards free commerce and up to date tensions with South Africa over land reform insurance policies, the act’s reauthorization is in query. Analysts notice that whereas AGOA’s general affect on Africa’s GDP is modest, sure industries, corresponding to South Africa’s automotive sector and attire manufacturing in nations like Kenya, closely depend on its advantages. The potential non-renewal of AGOA may disrupt these sectors, resulting in important financial penalties for the continent.
Supply: African Business