Support to the AUC in Trade & Investment Promotion and the renewal of AGOA
- Start date
The project aims to strengthen the negotiations capacity of African countries in international trade deals, promote business linkages and scale up the utilization of the African Growth and Opportunities Act (AGOA) preferences.
The project will lead to an increase in Africa’s exports to the US market from 1.7% to 3% and double non-oil AGOA exports from US$4.5 billion to US$9 billion. It will also improve the quality and effectiveness of commercial diplomacy and trade promotion activities undertaken by African diplomats resulting in greater AGOA utilisation and increases in foreign direct investments.