Thousands at risk of unemployment as Africa-US trade deal about to expire | DW News
A trade deal between African countries and the United States is about to expire, putting hundreds of thousands of jobs at risk. A White House official says the Trump administration supports extending the African Growth and Opportunity Act - or AGOA - but only by a year.AGOA gives 32 sub-Saharan countries - including South Africa, Nigeria and Kenya - access to the US market. It enables the export of thousands of products - like cars, textiles and food - duty-free. US imports under AGOA totaled nearly ten billion US dollars in 2023. The pact has been the centerpiece of US economic engagement with Africa for the past 25 years.
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0:00 AGOA trade deal about to expire
0:48 Aly-Khan Satchu, Financial analyst
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