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Director's Discourse:
A Smarter AGOA, A Better-Off Africa
›By Richard Seshie // Wednesday, August 28, 2013“How much good luck has your name brought to Nigeria?” This question from 10 year old prodigy Zuriel Oduwole during the African Union’s 50th anniversary brought President Goodluck Jonathan of Nigeria to laughter, being a direct allusion to his name. He nevertheless proceeded to answer.
The same allusion could be asked of the U.S. African Growth and Opportunities Act (AGOA). “How many opportunities has AGOA brought to Africa?” AGOA exports from Africa to the U.S. have increased over 500 percent to $53.8 billion between 2000 and 2011. Some experts estimate that 300,000 jobs in Africa and another 1.5 million indirect jobs have been created because of AGOA. Nonetheless, AGOA has barely scratched the surface of what is achievable.
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