Business Emerging Markets Features Headlines

China expands tariff-free access to African goods

China has announced plans to eliminate tariffs on nearly all imports from 53 African countries with which it maintains diplomatic ties, extending a previous policy that offered zero-tariff treatment to only 33 least-developed African nations. The announcement was made during a ministerial meeting in China’s city of Changsha, as African leaders gathered to review the […]

Business Emerging Markets Headlines

US-Africa trade deal faces uncertainty as AGOA’s expiry looms

As the expiration of the Africa Growth and Opportunity Act (Agoa) approaches in September, former US ambassador to Kenya, Kyle McCarter, has cast doubt on the deal’s renewal, citing its unfavorable terms for the United States. McCarter, who served under the Trump administration, expressed skepticism about the prospects of extending Agoa through the HR 10366-Agoa […]