IBOV 170,840.84 ▼ 0.71% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.06% USD/MXN18.60▼ 0.01% USD/CLP994.76▲ 1.22% USD/COP3,305▼ 0.06% USD/PEN3.40▼ 0.24% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP60.46▲ 0.02% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.23▲ 0.06% BRENT 96.16 ▲ 3.67% WTI 88.95 ▲ 2.80% IRON ORE 161.91 — — COPPER 6.18 ▼ 1.44% GOLD 3,880 ▼ 3.01% SILVER 49.92 ▼ 3.78% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 3.53% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.42 ▼ 2.70% PETR4 44.76 ▲ 2.78% VALE3 63.89 ▼ 0.84% ITUB4 41.54 ▼ 0.43% BBDC4 14.24 ▼ 0.63% ABEV3 15.67 ▼ 1.14% BBAS3 15.45 ▼ 8.53% B3SA3 14.77 ▼ 0.20% WEGE3 51.49 ▼ 0.23% PRIO3 63.37 ▲ 3.09% SUZB3 55.80 ▲ 3.72% RENT3 29.66 ▼ 1.92% AZZA3 16.64 ▲ 8.26% CSAN3 2.84 ▼ 6.27% RAIZ4 0.30 ▼ 98.60% PCAR3 2.41 ▼ 5.12% GMAT3 3.89 ▼ 4.66% PSSA3 45.83 ▼ 0.33% CVCB3 0.85 ▼ 1.16% POSI3 3.45 ▲ 3.92% SLCE3 18.26 ▲ 7.10% NATU3 5.34 ▼ 4.98% BRKM5 3.13 ▲ 7.19% RANI3 8.16 ▼ 2.74% CSNA3 4.22 ▼ 6.64% IBOV 170,840.84 ▼ 0.71% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 1.04% USD/MXN 18.60 ▼ 0.02% USD/CLP 994.76 ▲ 1.22% USD/COP 3,305 ▼ 0.07% USD/PEN 3.40 ▼ 0.09% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.46 ▲ 0.02% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 2.15% USD/TTD 6.71 ▲ 2.19% EUR/BRL 6.24 ▲ 0.08% BRENT 96.16 ▲ 3.67% WTI 88.95 ▲ 2.80% IRON ORE 161.91 — — COPPER 6.18 ▼ 1.44% GOLD 3,880 ▼ 3.01% SILVER 49.92 ▼ 3.78% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 3.53% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.42 ▼ 2.70% PETR4 44.76 ▲ 2.78% VALE3 63.89 ▼ 0.84% ITUB4 41.54 ▼ 0.43% BBDC4 14.24 ▼ 0.63% ABEV3 15.67 ▼ 1.14% BBAS3 15.45 ▼ 8.53% B3SA3 14.77 ▼ 0.20% WEGE3 51.49 ▼ 0.23% PRIO3 63.37 ▲ 3.09% SUZB3 55.80 ▲ 3.72% RENT3 29.66 ▼ 1.92% AZZA3 16.64 ▲ 8.26% CSAN3 2.84 ▼ 6.27% RAIZ4 0.30 ▼ 98.60% PCAR3 2.41 ▼ 5.12% GMAT3 3.89 ▼ 4.66% PSSA3 45.83 ▼ 0.33% CVCB3 0.85 ▼ 1.16% POSI3 3.45 ▲ 3.92% SLCE3 18.26 ▲ 7.10% NATU3 5.34 ▼ 4.98% BRKM5 3.13 ▲ 7.19% RANI3 8.16 ▼ 2.74% CSNA3 4.22 ▼ 6.64%
since 2009
Thursday, November 12, 2026

Africa Central Africa

US Ends Trade Benefits for Four African Countries

By · · 3 min read

The US government has removed Uganda, the Central African Republic, Niger, and Gabon from the African Growth and Opportunity Act (AGOA).

This act was designed to improve trade links with African nations. The removal comes because these countries did not meet the US-imposed conditions.

Reports cite President Joe Biden stating that these nations have not promoted democracy as AGOA requires.

Free daily brief — no card needed
Get every Africa story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

This shortfall led to their removal. Also, there is strong evidence suggesting they have violated human rights, contributing to their exclusion.

AGOA, set up in May 2000, allows the US to guide its African partners. Countries must satisfy various conditions to enjoy AGOA’s trade benefits.

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Guinea's gold ban sends thousands to Burkina”

One unstated but understood condition is to align with US international policies.

To maintain AGOA benefits, countries must work towards democratic integrity and respect human rights.

This is in exchange for easy access to the US market, which is among the world’s most robust economies.

Biden noted that Niger and Gabon are ineligible for AGOA after military coups affected their political systems.

US Ends Trade Benefits for Four African Countries.
US Ends Trade Benefits for Four African Countries.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Uganda and the Central African Republic face expulsion for failing to uphold human rights standards.

Despite negotiations, these four countries did not align with AGOA’s requirements, leading to their removal set for January 1, 2024.

Conversely, Angola remains part of AGOA. The US Embassy in Luanda announced that Angola began exporting agricultural products to the US under AGOA in September.

Angola’s first exports to the US were facilitated by USAID, reflecting the country’s realignment with US political and military preferences.

President João Lourenço has indicated a shift towards American military resources over Russian ones.

The next AGOA forum will occur in South Africa, allowing eligible Sub-Saharan African countries to export thousands of products to the US without import duties.

Background

The AGOA program has been pivotal in strengthening trade relations between the US and Sub-Saharan Africa.

It serves as a strategic tool, fostering economic ties and encouraging policy reforms. The exclusion of the four countries underscores the US’s commitment to the program’s criteria.

Historically, AGOA has aimed to boost African economies while promoting good governance and economic policies.

It reflects a blend of trade and foreign policy, linking economic privileges to political conditions.

The recent exclusions send a clear message about the consequences of not adhering to the agreed-upon democratic and human rights standards.

AGOA’s influence extends beyond trade, affecting diplomatic and strategic dynamics on the continent.

Angola’s continued participation, for instance, illustrates a successful alignment with AGOA’s standards.

This aligns with a broader shift in Luanda’s diplomatic strategies to engage with Washington’s interests more closely.

Moreover, this development may serve as a precedent, influencing how other African countries under AGOA perceive their obligations.

It could motivate them to strengthen their commitment to the rule of law and human rights.

The program’s ability to enforce such standards reflects its significance as a soft power instrument for the US.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

More from Northern Africa

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.