AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By David Luke African governments are seeking an extension of the African Growth and Opportunity Act (Agoa) beyond 2025. The law was enacted in 2000 to “encourage increased trade and investment between the United States and sub-Saharan Africa”. We asked David Luke, who specialises in African trade policy and trade negotiations, what benefits Agoa has brought for qualifying African countries and how it can be improved. To what extent has the Agoa goal been achieved? The duty- and quota-free access to the US market granted by Agoa has helped in boosting trade and investment between sub-Saharan Africa and the US. Many of the qualifying African countries have recorded specific successes in goods exported under Agoa to the US. These include textiles and apparel

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. Universities across Africa can drive prosperity through innovation. Westend61 World university rankings are released towards the end of each year. Institutions globally scramble to see how they have fared. Have they risen or fallen? If so, by how much and in which rankings? Have they maintained their position in an increasingly competitive global higher education landscape? There have been some improvements in African universities’ performances. But the continent’s institutions still don’t feature prominently towards the top of the rankings. In the Times Higher Education (THE) World University Rankings 2024, for instance, South Africa’s University of Cape Town is top for the continent, at 167th place. It is followed by three other South African institutions:

AFRICA INC. – Rising economies, start-ups, and Black wealth, etc. By Rodney Muhumuza Jostling for space, people jam the crowded footpaths crisscrossing a massive open market in Uganda’s capital. They are mostly looking for secondhand clothing, sifting through underwear for pairs that seem new or trying on shoes despite getting pushed around in the crush. Downtown Kampala’s Owino Market has long been a go-to enclave for rich and poor people alike looking for affordable but quality-made used clothes, underscoring perceptions that Western fashion is superior to what is made at home. Discarded by Europeans and Americans, these clothes are often purchased from wholesalers and then shipped to African countries by middlemen. It is a multimillion-dollar business, with some two-thirds of