growth opportunity

Guinea and Mali: What is the price of solidarity?

By Yara Rizk, Yara Rizk

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Posted on January 4, 2023 16:15


Sluggish growth, a drop in exports, and disputes with the Economic Community of West African States (ECOWAS): times have been tough for the Guinean and Malian economies. We explain.

It began on the first day of January. Alongside Ethiopia, Mali and Guinea were excluded from the African Growth Opportunities Act (AGOA) – a law opening the gates of economic export opportunities to sub-Saharan African countries, allowing them to export products to the United States without the burden of customs duties – due to what the United States Trade Representative (USTR) referred to as the “absence of pluralism and rule of law” existing in these respective states.

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