Yearly Archives: 2024

Biden Formally Disqualifies Uganda, 3 Other Countries from AGOA Despite Lobby Efforts

United States President Joe Biden has ordered the scrapping of Uganda from the list of Sub-Saharan countries benefiting from African Growth and Opportunity Act (AGOA). AGOA provides sub-Saharan African countries with duty-free access to the U.S. market for over 1,800 products. “I have determined that the Central African Republic, Gabon, Niger, and Uganda do not…

Top 10 Weakest Currency Rates in Africa

Exchange rates are important in the global economy because they influence international trade, investments, and tourism. Understanding how exchange rates function and how they affect different sectors of the economy is critical for businesses, tourists, and governments. Exchange rates show how valuable a currency is in relation to other currencies. The strength of a country’s…