Ten years since the African Growth Opportunity Act (Agoa) was established, Kenya has only taken advantage of about 12 out of 6,500 export products. Concerns abound, the country has failed to diversify the range of its exports. Kenya’s exports are relatively lower priced goods such as tea, coffee, textiles, apparels, pyrethrum, handicrafts and processed nuts. However hope beckons as Kenya prepares to host Agoa summit which comes at a time when US agencies such as USAID have expressed will to collaborate with Kenyan authorities in building trade capacity and developing business plans to boost export business to the US. And Even though Kenya has local and regional constraints, which the Government is keen on addressing, there is need to build trade capacity to equip business people. Kenya has to handle issues of governance, intellectual property rights, reduce cost of production, tackle insecurity, improve its infrastructure and eliminate corruption to achieve stable, more democratic political conditions and an improved economic environment.
Kenya AGO summit to promote exports
Made Popular Jul 31 2009
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