AGOA Enhancement Act of 2015

H.R. 2845, the AGOA Enhancement Act of 2015, aims to strengthen trade ties between the United States and sub-Saharan Africa by making it easier for African businesses to access U.S. markets. The bill directs the federal government to create a centralized website to provide technical assistance and trade information, while also funding training programs for African entrepreneurs to help them meet U.S. quality standards and counter-terrorism regulations. Additionally, it updates the Millennium Challenge Act to allow eligible countries to participate in two simultaneous development grants, provided at least one focuses on regional economic integration and cross-border trade.

For citizens, this legislation is designed to foster economic stability and growth in Africa, which can lead to more reliable international supply chains and expanded markets for American goods. By promoting the rule of law, free elections, and the economic empowerment of women in partner nations, the bill seeks to create a more stable global environment for trade and security. It also increases transparency by requiring the government to publish progress reports and risk management plans for international development projects funded by U.S. taxpayers.