The trade agreement that could be the most significant development in U.S-Africa trade relations, since the African Growth and Opportunity Act (AGOA) passed in Congress in 2000, faces another hurdle. This is attributable to the expiration of the key legislative tool (TPA) needed to accelerate Congress’s approval of the agreement. Consequently, the prospects for the deal to conclude becomes gloomy.
The TPA (trade promotion authority), which allows the head of state to fast-track trade negotiations with congress expired on July 1 and without it, the eventual implementation of the bill would be subjected to amendments by U.S legislators. This would make ratification difficult. This turn of events will see trade deals already in the pipeline, among which are negotiations with Kenya, and the United Kingdom, affected.
Also, this makes it more difficult for the deal to reach completion before 2022 when the tenure of Uhuru Kenyatta, Kenya’s president, comes to an end; a situation that will pose another potential transition challenge like that seen in the Trump to Biden administrations. According to BROOKINGS, president Kenyatta seeing the free trade agreement come through is a legacy for him. Yet the question remains if the deal will be completed during his reign, taking into consideration these new and future unknown hurdles.
Let’s note that Kenya had hoped to wrap up the deal before the expiry of the Africa Growth and Opportunity Act (by 2025) which allows trading between sub-Saharan African countries with the United States tariff-free.
Solange Che
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Algeria’s upper house approved a law classifying French colonial rule (1830–1962) as a crime. Authorities framed the legislation as a legal and...
Zimbabwe and Zambia signed an MoU for a 311 km rail link to support mining exports. The project could reduce transport distances to Beira port by...
Funding would modernize signaling on Tema–Mpakadan line Upgrade aims to allow simultaneous train movements Project tied to broader push to...
Morocco selected under $226 million USDA program for 2026 Initiative blends farm support with expansion of U.S. exports Could back...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...