May 30, 2024

Prosper Africa Coordinator Joins High-Level U.S. Delegation at AGOA Forum in South Africa

British A. Robinson, the Coordinator of Prosper Africa, is set to accompany a distinguished U.S. government delegation to the 20th U.S.-sub-Saharan Africa Trade and Economic Cooperation Forum, commonly referred to as the Africa Growth and Opportunity Act (AGOA) Forum. The event will take place from November 2 to 4 in Johannesburg, South Africa.

The AGOA Forum is an annual gathering of leaders from the United States and AGOA-eligible countries in sub-Saharan Africa, as well as representatives from the business and civil society sectors. The primary objective of this event is to foster discussions on deepening trade and investment relations between the United States and sub-Saharan Africa.

Established in 2000, the AGOA legislation grants eligible sub-Saharan African nations duty-free access to the U.S. market for more than 6,800 eligible products under AGOA and the Generalized System of Preferences program. The significance of this year’s Forum is underscored by the impending expiration of the AGOA legislation in 2025.

In alignment with its commitment to bolster trade and investment between the United States and Africa, the U.S. Government launched the Prosper Africa initiative in 2023. The initiative introduced new programs and partnerships designed to enhance African exports to the U.S. market. According to data from the United States Trade Representative (USTR), AGOA imports, including those under the Generalized System of Preferences (GSP), amounted to $6.7 billion in 2021, reflecting a notable increase compared to $4.2 billion in 2020.

“Prosper Africa represents more than just an avenue for conducting trade and investment; it is a catalyst for exponential growth,” emphasized Coordinator Robinson. “Through vigorous outreach and awareness campaigns, Prosper Africa is addressing knowledge gaps related to AGOA utilization, forging transformative collaborations between African suppliers and U.S. buyers, and expanding access to trade financing.”

On November 2, the AGOA Forum Private Sector Dialogue will bring together African government officials and private sector leaders to provide input into the discussions that will occur during the official AGOA Ministerial meeting. Coordinator Robinson will actively participate in a series of high-level roundtable discussions and events to gain deeper insights into the private sector’s AGOA-related needs and expedite exports under AGOA.

The participation of Prosper Africa Coordinator Robinson in this prestigious event underscores the U.S. Government’s commitment to fostering mutually beneficial economic relationships between the United States and Africa, with a focus on expanding trade and investment opportunities.

Notify of
Inline Feedbacks
View all comments