LUSA 06/17/2025

Lusa - Business News - Angola: Luanda hosts US-Africa Business Summit June 22-25

Luanda, June 16, 2025 — Luanda will host the 17th edition of the U.S.-Africa Business Summit, the most important business forum between the United States and the African continent, from June 22–25, with the Lobito Corridor among the topics highlighted.

More than 1,500 participants — including heads of state, prime ministers, African ministers, senior US government officials and business leaders from both continents — are expected in the Angolan capital for this event co-organised by the Corporate Council on Africa (CCA) and the Government of the Republic of Angola.

Speakers will address the development of trade, investment and economic partnerships in sectors such as energy, infrastructure, health, digital technologies, agribusiness, creative industries and critical minerals.

In addition to the host and President of Angola, João Lourenço, the heads of state of Botswana, Duma Boko, Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, the Democratic Republic of Congo, Felix Tshisekedi, Ethiopia, Taye Atske Selassie, Namibia, Netumbo Nandi-Ndaitwah and Zambia, Hakande Hichilema, as well as prime ministers from several African countries have confirmed their presence.

On the US side, the official delegation includes senior State Department officials such as Troy Fritrell, responsible for African affairs, and Massad Boulos, advisor to US President Donald Trump on Africa, as well as representatives from EXIM Bank, the Trade and Development Agency and the US International Development Finance Corporation (DFC).

The summit programme includes high-level plenary sessions, sectoral dialogues, private round tables and B2B networking sessions, as well as an exhibition of technological solutions.

One of the most prominent topics will be the Lobito Corridor, a railway infrastructure linking Angola to the Democratic Republic of Congo, Zambia and Tanzania, considered by the US, the European Union and their regional partners as a strategic pillar for the transport of critical minerals.

The Summit in Luanda reflects the current moment of strategic rapprochement between Angola and the United States, reinforced by the historic visit of former US President Joe Biden to Angola in December 2024, the first by a sitting US President.

“Considered a promising emerging market with ample investment opportunities and a country where some US multinationals operate, Angola has strengthened its relations with the United States through a Trade and Investment Agreement (TIFA), which aims to stimulate trade and investment,” the Corporate Council on Africa highlights.

The summit also coincides with the 50th anniversary of Angola’s independence and Angola’s presidency of the African Union and is expected to result in new public-private partnerships, investment agreements, joint technological innovation initiatives and financing packages to accelerate infrastructure, health and green economy projects.

The organisers emphasise that the event is a platform for African companies to attract US capital and for US companies to expand their presence in African markets.

Since 1997, the Corporate Council on Africa (CCA) has organised sixteen editions of the US-Africa Business Summit, alternating between the United States and host countries on the African continent, including cities such as Washington, DC, Baltimore, Chicago and, more recently, Dallas, as well as countries such as South Africa, Ethiopia, Mozambique, Morocco and Botswana.

 

 

 

 

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