African Growth and Opportunity Act

How to Compete with China in Africa

By Covington Team on August 8, 2014

Posted in Africa, Asia, China, International Strategy

Extending the African Growth and Opportunity Act, set to lapse on Sept. 30, 2015, will enable the U.S. to maintain a competitive edge against China in the rapidly expanding African market.

The passage of AGOA in 2000 marked a major innovation in U.S.-Africa relations — it was the first step…
Continue Reading How to Compete with China in Africa

What the African Leaders Summit Will Accomplish

By Covington Team on August 4, 2014

Posted in Africa, International Strategy, Trade Agreements

Once we get beyond the historic precedent and the inevitable traffic snarls that will be created by the 50 African delegations moving around Washington, it is fair to ask what the Summit will achieve.

This what my crystal ball suggests:

Business will move to the forefront of the US-Africa agenda.…
Continue Reading What the African Leaders Summit Will Accomplish

Strengthening U.S.-Africa Trade and Investment

By Covington Team on July 29, 2014

Posted in Africa, Congressional Action, International Strategy, Trade Agreements

The U.S. House Committee on Ways and Means is currently considering the renewal and strengthening of the African Growth and Opportunity Act (AGOA). AGOA is the cornerstone of the U.S.-African commercial relationship, and the African Union (AU) has called for a 15 year extension of the Act, from 2015 to…
Continue Reading Strengthening U.S.-Africa Trade and Investment