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Obama Celebrates AGOA Renewal

President Barack Obama voiced continued support for the recently extended African Growth and Opportunity Act (see 1506290045) during an event on July 22. "Now that it’s been renewed, AGOA will be central to our efforts to boost the trade and…

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investment that supports hundreds of thousands of jobs both in Africa and the United States, creating opportunities for all of us," Obama said (here). The U.S. will sponsor the next U.S.-Africa Business Forum in 2016 in an effort to collaborate with Africa to promote "growth and opportunity" in the country, Obama said.