The implication of The African Growth and opportunity Act (AGOA) on Africa's economic growth and development

Abstract

This paper will attempt to analyse the implications of the African Growth and Opportunity Act (AGOA) on Africa's economic growth and development, as a partnership initiative. To achieve our objective, section two reviews the basis and framework for preferential trade arrangements. Section three explains the key-points of the Act while its implications for Africa's development challenges are examined in section four. Section five highlights the conclusion and policy recommendations.