Africa-U.S. Business Summit Kicks off in Luanda

Addis Ababa, June 23, 2025 (ENA) -- Ethiopia is participating in the summit, which officially began early this morning in Luanda, Angola.

A high-level Ethiopian delegation, led by President Taye Atske Selassie, arrived in Luanda on Sunday for the Business Summit.

Upon arriving in Luanda, the delegation received a warm welcome from high-level Angolan government officials.

This year's U.S.-Africa summit is unique, particularly given that it is taking place shortly after the U.S. shifted its policy toward the continent to focus on investment and commerce.

This shift highlights a transition from an aid-heavy model to one rooted in investment, infrastructure, and deal-making as part of the "America First" foreign policy of the Donald Trump administration.

 

The highly anticipated summit has brought together over 1,500 delegates, including African leaders, ministers, senior U.S. and African government officials, and business leaders.

Organized by the Corporate Council on Africa (CCA) in collaboration with the Angolan government, the summit will cover opportunities for expanding U.S.-Africa trade, investment, and business relations.

President Taye will deliver a keynote speech at the event and hold bilateral discussions on the sidelines of the summit.

ENA has learned that other members of the delegation are expected to participate in panel discussions and other important sessions.