The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]
Japanese Corporations Yazaki, which makes car components, and Sumitomo Electric Industries will set up four plants in Morocco for a $103 million investment. These plants will create 8300 jobs and support Morocco’s car industry. The two Japanese groups signed on Tuesday separate agreements with Moroccan authorities in a ceremony chaired by Minister of Industry and […]
The US will end trade benefits for Mauritania on January 1 for falling short of abolishing forced labor practices, the US Trade Representative’s Office (USTR) said. Mauritania is not in compliance with requirements of the African Growth and Opportunity Act (AGOA), which provides duty-free treatment for certain goods, USTR said in a statement explaining the […]
