Morocco aims to become Africa’s business gateway
Casablanca is attempting to position itself as Africa’s financial and commercial hub, the Guardian reports. At the center of
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.
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