Investing in Africa: US and AGOA
Does the tariff-free scheme have a future in South Africa and Ethiopia?
Business Daily · BBC World Service
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Show Notes
The African Growth and Opportunity Act, or AGOA, gives duty-free access for exports to the American market, and has done for 23 years.
South Africa is one of the countries that has benefitted – but now its inclusion in doubt due to allegations from the US that it has violated its neutrality and supplied weapons to Russia - something South Africa denies. So what would being pushed out of AGOA mean for the country?
Plus we hear from Ethiopia – it has been suspended from AGOA due to the the war in Tigray - we hear from an economist in Addis Ababa who disputes the benefits of these trade agreements to Africa.
Presented by Ahmed Adan with reporting by Russell Padmore.
(Image: An Ivory Coast stand at the 2019 AGOA forum, showcasing products on the market. Credit: Getty Images)