Agoa renewal keeps US–Africa trade alive as global blocs realign

Cargo ship

Cargo ship. There is renewed trade certainty after the US House of Representatives voted to extend the African Growth and Opportunity Act for a further three years.

Photo credit: Shutterstock

African countries have welcomed the US decision to extend a continental trade pact for another three years, seeing it as a signal of certainty.

On Tuesday, the US House of Representatives voted to extend the African Growth and Opportunity Act (Agoa), which Washington increasingly views as a tool to counter Chinese and Russian influence in Africa and secure access to minerals.