Business & Economy3 stories from 2 sources
The African Growth and Opportunity Act (Agoa), a crucial US-Africa trade deal providing duty-free access, is set to expire this Tuesday, putting thousands of Kenyan garment workers' jobs at risk. Factories such as Shona EPZ, which employs 700 people, are already seeing reduced output and fear potential closures if an extension is not granted. The expiry of the deal would cause Kenya-US trade tariffs to triple, hitting jobs and investors. Amid these concerns, the Trump administration has stated that it supports a one-year renewal of the Agoa deal. Thousands of workers remain in limbo as the deadline approaches.