Relief for Companies as Kenya, U.S. Near New 5-Year Trade Deal
Kenya is one of the leading exporters in key areas such as textiles and apparel under the pact...
✨ Key Highlights
In a move to secure economic stability for its textile and apparel sectors, Kenya is on track to sign a new bilateral trade agreement with the United States by December. This new deal aims to provide a safety net amidst the uncertain future of the Africa Growth and Opportunity Act (AGOA).
- Kenya's President William Ruto announced the upcoming bilateral trade deal with the U.S. and is simultaneously lobbying for a five-year extension of AGOA.
- The impending expiration of AGOA, which grants duty-free access to the U.S. market for qualifying African nations, risks over 66,000 Kenyan jobs if a successor agreement or extension is not secured.
- The Kenyan National Assembly has called for an expedited AGOA extension, citing its vital contribution to the nation's economy and livelihoods, with women comprising approximately 75 percent of direct beneficiaries.
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Kenya Enters into Defence, Trade, and Innovation Agreements with International Partners - September 2025
Kenya and Ethiopia have signed a Defence Cooperation Agreement to enhance collaboration in addressing regional security challenges and facilitate rapid intelligence sharing. In a separate development, Kenya is on track to sign a new bilateral trade agreement with the United States by December to provide a safety net for its textile and apparel sectors. In another partnership, Kenya and California agreed to establish Africa's first Centre of Excellence on Clean Transport Systems in Nairobi, a deal made during the UN General Assembly. Additionally, Kenya and France announced they will co-host the “Africa Forward: Africa–France Partnerships for Innovation and Growth” Summit in Nairobi on May 11–12, 2026. This summit aims to foster innovation and mutual cooperation.
