A bipartisan group of U.S. senators, led by Chris Coons, a Democrat, and James Risch, the top Republican on the Senate Foreign Relations Committee, introduced legislation to extend the African Growth and Opportunity Act (AGOA) for another 16 years.
The move comes as the current trade agreement with sub-Saharan Africa approaches its expiration next year. The bill aims to extend AGOA through 2041, facilitating long-term economic strategies in the region.
Co-sponsors of the bill include Senators Dick Durbin, Michael Bennet, Chris van Hollen, Todd Young, and Mike Rounds.
The International Monetary Fund (IMF) has approved a two-year $4.5 billion flexible credit arrangement for Morocco. It comes as
Tunisia's Central Bank reduced its key interest rate by 50 basis points to 7.5% on Friday, aiming
Egypt’s GDP growth rate continued to recover during Q2 FY 2024/2025, recording 4.3%, up from 2.3%
The Tunisian government has decided to withdraw individuals and non-governmental organizations (NGOs) with observer status before the African Commission on
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