Read more...
East and Central Africa Trade Hub
.jpg)
The ECA trade hub provides technical assistance to African firms and governments to enhance the competitiveness in global markets. Through the African Growth and Competitiveness Initiative (AGCI), the trade hub helps African businesses take advantage of trade opportunities available under the African Growth and Opportunity Act (AGOA).
What is the African Global Competitiveness Initiative?
The African Global Competitiveness Initiative is a $200 million, five year Presidential initiative aimed at promoting the export competitiveness of enterprises in sub-Saharan Africa (SSA) in order to expand African trade with the United States, other international trading partners and regionally within SSA. AGCI builds on the African Growth and Opportunity Act (AGOA) and works with other donor initiatives, including the World Bank’s Making Finance Work for Africa and the multilateral infrastructure Consortium for Africa.
AGCI’s overall objective is to promote export competitiveness of enterprises in SSA. To achieve this AGCI has two main strategies, to provide technical assistance that advances export competitiveness and to support complementary activities that contribute to the objectives of AGCI. AGCI seeks to leverage with those of other USAID-funded programs and programs financed by other IFIs as well as with investment resources from the private sector. AGCI strives to achieve a greater development impact through a multiplier effect.
