Manufacturers, Stakeholders, Urge Swift Action as September 30th AGOA Expiry Looms
Kenya is facing mounting pressure to secure the renewal of the African Growth and Opportunity Act (AGOA) before it expires on September 30..
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Kenya is facing intense pressure to secure the renewal of the African Growth and Opportunity Act (AGOA) before its expiration on September 30, 2025, with both African and American stakeholders warning of significant economic repercussions.
- AGOA allows Kenya to export approximately $600 million annually to the U.S., with the apparel sector alone employing over 58,000 people directly.
- The American Apparel & Footwear Association (AAFA) has urged Congress to renew AGOA alongside Haiti’s HOPE and HELP programs.
- Apparels Manufacturers and Exporters (EPZ) Sector Chair and Board Member of Kenya Association of Manufacturers Pankaj Bedi emphasized that "AGOA is not just a trade framework; it is a symbol of economic partnership."
- In April, Trump imposed a 10% blanket tariff on Kenyan goods, potentially overriding the prospects of AGOA renewal.
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Reports Highlight Economic Opportunities and Risks Across Africa - September 2025
The African Development Bank (AfDB) has cautioned that weak public financial management systems are threatening the continent's development goals, emphasizing a need for stronger budgeting and reporting. In a specific trade issue, Kenya is facing intense pressure to secure the renewal of the African Growth and Opportunity Act (AGOA) before its September 30, 2025 expiration to avoid significant economic repercussions. At the same time, the global competition for critical minerals and rare earth elements is intensifying, with Africa becoming a key focal point in this geopolitical scramble. Amid these challenges, a new report by Velex Advisory has identified the top five African countries that offer the highest Return on Investment for tech startups, highlighting their unique strengths and growth opportunities.
