WASHINGTON D.C., Nigeria — The United States Senate has approved a two-year extension of the African Growth and Opportunity Act (AGOA), ensuring eligible sub-Saharan African countries can continue to benefit from duty-free access to the U.S. market until December 2028.

The legislation passed with a significant majority, receiving 90 votes in favour and only 6 against. This extension provides a crucial lifeline for African economies that rely on preferential trade access to the United States.

AGOA, first enacted in 2000, allows qualifying countries to export thousands of products to the U.S. without tariffs. The program aims to stimulate economic growth and development across the African continent by fostering trade relationships.

The renewal comes at a critical time for many African nations, offering continued economic stability and opportunities for businesses engaged in export to the U.S. market. The pact's extension is expected to bolster trade volumes and support job creation within these countries.

Details regarding the specific conditions and eligible products under the extended AGOA framework are anticipated to be released following the full legislative process.