KEPSA pushes for AGOA renewal, proposes two-year transition if delayed
NAIROBI, Kenya, Sept 26 - The Kenya Private Sector Alliance (KEPSA) has urged the United States to renew the African Growth and Opportunity Act (AGOA) for Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Kenya Private Sector Alliance (KEPSA) is urging the United States to renew the African Growth and Opportunity Act (AGOA) for 16 years, warning that failure to do so could jeopardize jobs and investment in both nations. If renewal is not secured, KEPSA proposes a two-year transition period for Kenya to negotiate a bilateral trade agreement.
- Kenya exported $470 million worth of apparel to the U.S. in 2024, supporting 66,800 direct jobs.
- KEPSA CEO Carole Kariuki emphasized AGOA's role as the most effective U.S. policy tool in Africa over the last 25 years.
- KEPSA estimates nearly 800,000 livelihoods depend on AGOA-linked exports, while the U.S. benefits from $200–250 million in consumer savings annually.
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Trump Announces New Tariffs; KEPSA Urges US to Renew AGOA - September 2025
President Donald Trump announced a new wave of tariffs targeting drugs, trucks, and kitchen cabinets, citing the need to protect US manufacturers from what he termed foreign "FLOODING" of these products. In a related development, Bosch announced it will cut 13,000 jobs as part of a strategy to save €2.5 billion, citing higher operational costs attributed to former US president Donald Trump's tariffs. Meanwhile, the Kenya Private Sector Alliance (KEPSA) is urging the United States to renew the African Growth and Opportunity Act (AGOA) for 16 years. KEPSA warns that a failure to renew the act could jeopardize jobs and investment. The alliance has proposed a two-year transition period for Kenya to negotiate a bilateral trade agreement if the renewal is not secured.
