NOVEMBER 2018
Made in Madagascar: Driving trade and job creation with AGOA

Madagascar’s textile and apparel industry is the largest formal employer outside of agriculture, with the capacity to create hundreds of thousands of new jobs if the industry can regain U.S. buyer confidence and take advantage of AGOA.

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thehub.exposure.co
IN THIS ISSUE:
  • MADE IN MADAGASCAR: CREATING JOBS THROUGH AGOA
  • CROSS-BORDER TRADERS EMBRACE FORMAL TRADE CHANNELS WITH SIMPLIFIED TRADE REGIME GUIDE
  • TANZANIA BUSINESS DEVELOPMENT SERVICE PROVIDERS ADD AGOA TO THEIR REPERTOIRE
  • WOMEN ENTREPRENEURS "IGNITE" THEIR SMES AT USAID-SUPPORTED ACCESS TO FINANCE SEMINAR
  • MOVING FRONTIERS: FACTS WORKING CAPITAL
  • ETHIOPIAN AND KENYAN FOOTWEAR COMPANIES TO UNVEIL NEWEST COLLECTIONS AT NEW YORK TRADE SHOW
CROSS-BORDER TRADERS EMBRACE FORMAL TRADE CHANNELS WITH SIMPLIFIED TRADE REGIME GUIDE
Cross-border traders now have a simplified guide to help them navigate formal trade channels. The USAID Hub and agribusiness suppor t partner, AGRIFOB, de veloped the Simplified Trade Regime (STR) guide for display at border posts throughout the East African Community (EAC). The guide provides an illustrative approach, in multiple languages, to taking advantage of STR provisions and requirements, allowing for the smooth, timely and compliant transit of goods across borders.

The EAC STR is a Customs Union provision that promotes regional integration by providing a framework to ease the requirements of small-scale traders to participate in structured cross-border trade. East African small-scale traders have historically embraced informal and irregular trade practices to avoid t axes, harassmen t, confiscation of goods, corruption and intimidation at border posts. The EAC Partner States have been working to eliminate these restrictions to free movement of goods by educating stakeholders on the rights afforded by the EAC STR, which provides a two-fold benefit: 1) formalizing small-scale trade, which leads to increased revenue for governments through tax collection, and 2) providing customs procedures to traders who can plan and budget cross-border trade activities.

Click above to follow the simple guide to using STR at border crossings.
TANZANIA BUSINESS DEVELOPMENT SERVICE PROVIDERS ADD AGOA TO THEIR REPERTOIRE
In November, the USAID Hub and USAID Enabling Growth through Investment and Enterprise Program (ENGINE) conducted a training on AGOA for Tanzanian Business Development Service (BDS) providers. The two-day training program deepened BDS providers' knowledge of AGOA, enabling them to better support their clients to export AGOA-eligible products duty-free to the U.S.

Tanzania's National AGOA Strategy, developed in 2016 through USAID Hub support, identified a lack of AGOA awareness among companies as a major constraint to the country's AGOA utilization. To remedy this, the strategy emphasized efforts to sensitize exporters, trade association staff and public sector officials on AGOA's benefits and requirements. Training BDS providers adds to the above solution.

Read the Tanzania National AGOA Strategy by clicking above or visiting the Hub's Knowledge Center. Th e strategy is intended to strengthen Tanzania’s utilization of AGOA benefits for greater U.S.-Tanzania trade in four priority sectors: the garments-textiles-cotton value chain, agro-processing (cashew nuts), handicrafts and home décor, and leather goods and accessories.
WOMEN ENTREPRENEURS "IGNITE" THEIR SMES AT USAID-SUPPORTED ACCESS TO FINANCE SEMINAR
More than 100 women entrepreneurs attended the USAID-supported Ignite My SME seminar in mid-November to learn more about access to finance for their businesses. FACTS Africa (a f inancial sector advisory firm that specializes in lending to SMEs) organized the Nairobi, Kenya-based seminar and introduced participants to their business development program that will allocate working capital finance to select entrepreneurs. The program is made possible through a USAID Hub grant.

The Hub and FACTS Africa are working together to increase the volume of staple foods trade across the East African Community (EAC) by providing grain traders and those in allied services with access to short-term working capital. 

Ignite MY SME participants (above) found out more about the new USAID Hub/FACTS Africa business development program, w hich will operate a loan portfolio expected to reach $2 million and support 20 small and medium-sized enterprises (SMEs) across Kenya, Uganda and Tanzania with an average facility of $100,000.
Moving Frontiers - FACTS Working Capital Solutions

The USAID Hub is supporting FACTS Africa to provide $2 million in working capital to 20 high-growth agribusinesses. Visit www.factsafrica.com/movingfrontiers to find out more.

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factsafrica.com
ETHIOPIAN AND KENYAN FOOTWEAR COMPANIES TO UNVEIL NEWEST COLLECTIONS AT NEW YORK TRADE SHOW
With support from the USAID Hub, Ethiopian and Kenyan footwear companies are gaining traction in the U.S. market. From December 4-6, the Hub is supporting five Ethiopian and Kenyan companies to showcase their latest collections at the Fashion Footwear Association of New York (FFANY) expo, where thousands of retail buyers make their seasonal purchases. The Hub has been supporting East African companies to showcase their footwear at FFANY since 2015. That support has led to hundreds of buyer-seller export linkages that result in mutually beneficial sourcing relationships.
Headed to New York? Come see the luxury leather footwear that Ethiopian and Kenyan companies have to offer. Find out more about FFANY here .
WHERE WE WORK:
The East African Community countries - Burundi, Kenya, Rwanda, Tanzania and Uganda - and, Ethiopia, Madagascar, and Mauritius.

East Africa Trade and Investment Hub |  info@eatradehub.org  |  www.eatradehub.org