Local entrepreneurs miss AGOA train

Botswana companies have duty free access to USA under AGOA
Botswana companies have duty free access to USA under AGOA

It appears very much like a missed opportunity for Botswana companies. The local business community seems to be unaware of the comparative advantage that Botswana commands under the African Growth and Opportunity Act (AGOA).

While numerous efforts have been made to motivate businesses in Botswana to take advantage of this programme, recent findings point to the lack of awareness on AGOA and the requirements of the United States (US) market. Throughout the years, Botswana exported two commodity items to the US, textiles and stone or glass, which is predominately diamonds.

Despite the duty-free, quota-free benefits accorded under AGOA, coupled with the third-country fabric (TCF) provision, Botswana’s textile or apparel exports to the US are said to have not increased over the years.

Editor's Comment
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