Policy

South Africa and United States have finally ended their impasse over certain aspect of the AGOA benefits program relating to eliminating barriers to importation of U.S. agricultural products. The U.S. Trade Representative office Thursday said the South Africa government has resolved the benchmark issues expressed by the U.S. and thus can continue receiving the AGOA benefits for agricultural products export to America. U.S. Trade Representative Michael Froman in a statement said teams on both sides worked closely together to reach a mutually beneficial agreement on eliminating antidumping tariffs on the importation of U.S. poultry, beef, and pork.

in Policy

Lagarde to Meet with Presidents Buhari and Biya During Six-Day Trip to Africa

by Editor

January 5, 2016

The International Monetary Fund Managing Director, Ms. Christine Lagarde, is on a six-day trip to two African countries, Nigeria and Cameroon, to meet with government officials, business leaders and civil society leaders as part of the organization’ efforts to strenghten ties with African countries.
During her trip, which began yesterday and will end on Saturday, January 9, Ms. Lagarde will meet with Nigeria’s President Muhammad Buhari and senior members of his team, as well as with lawmakers, civil society, business and women leaders to discuss ways IMF can support Nigeria in attaining its economic advancement goal while also mitigating the impact of weakening global oil prices on the country’s overall economy.

Ms. Lagarde will also stop in Cameroon, the largest economy in Central Africa and one of the most diversified economies in Africa, where she will meet with the country’s President Paul Biya and his economic team, along with business executives, women leaders, and civil society leaders to discuss economic reforms, domestic and regional integration.