Page 74 - UUBO Deal Academy 2020 - Materials

Recent Developments

• BUILD Act

• U.S. International Development Finance Corporation (Dec. 2019)

• Preference for FTAs with specific African countries (versus multilateral

agreements)

• Trump Administration has a “goal of establishing a free trade agreement that could serve
a model” for African countries.

• Morocco has signed the first FTA between an African nation and the United States;
Kenya next?

• MOUs with Cote D’Ivoire, Ethiopia, Ghana, Kenya and Mozambique

• Increasing Sanctions Against Human Rights Abusers in Africa

• Global Magnitsky Program

• OFAC Sanctions Programs Target Nine Countries in Africa

• New Program: Mali (July 2019)

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