There are “many growth drivers ahead,” he wrote. “If the monetization curve continues to mirror early Facebook, this would imply a ramp to $8.5 billion in revenue by 2025, about double the Street expectation.”
Also, preferential trading terms that the United States has offered certain sub-Saharan African countries are set to expire in the coming years. The African Growth and Opportunity Act, which allows those countries to send goods to the United States duty free, is scheduled to expire in 2025, and it’s unclear whether Congress will renew it. Over 70 percent of Kenya’s exports to the United States enter under those terms, according to the United States trade representative’s office.
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