Saturday, June 11, 2011

Africa: Time for Continent's Economies to Grow, Says Obama

Times of Zambia
10 June 2011

UNITED States of America President Barack Obama has said the time is ripe for African economies to grow by taking advantage of the Africa Growth and Opportunity Act (AGOA)..President Obama also said with the extension of AGOA to 2025, he was optimistic that many of the African economies would grow stronger.

In his letter to the delegates of the 10th AGOA ministerial summit in Lusaka yesterday, President Obama said owing to the job opportunities, African economies were expected to grow much stronger..President Obama’s letter was read to the delegates by US trade representative Ron Kirk.

“The time of change for Africa is now and African economies must experience growth,” President Obama said.”

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