Luanda - Angola will host, in 2025, the 17th US-Africa Business Summit, whose Memorandum of Understanding was signed on Friday in Washington.
The Government of Angola and the Corporate Council on Africa (CCA), represented by the ambassador to the USA, Agostinho Van-Dúnem, and the president of the CCA, Florizelle Liser, signed the Memorandum of Understanding that formalizes the agreement for the city of Luanda to host the Summit.
The choice of the city of Luanda follows the meeting held between the President of the Republic, João Lourenço, and the president of the Corporate Council on Africa, Florizelle Liser, in May this year, in the city of Dallas, Texas, according to a press release from the Angolan government.
At this meeting, the two interlocutors highlighted Angola's economic potential, its strategic importance in Africa, the US interest in increasing the involvement of the US Government and its private sector in the trade relationship with Africa.
They also spoke about the capacity of the US and the African continent to jointly respond to major international challenges, with emphasis on food security, energy security, environmental protection and international trade.
The U.S.-Africa Business Summit in 2025 will be a significant milestone, as it takes place in the same year that Angola celebrates the 50th anniversary of its National Independence and will assume the Presidency of the African Union (AU).
The event is recognized as one of the most important business platforms that annually brings together African Heads of State and key ministers, senior officials of the U.S. administration, heads of key agencies, CEOs and senior executives of American and African companies.
The choice of Angola as the host country is proof of its remarkable progress and potential as a key player in the African economy, the statement said.
Angola will present its industrial potential, from energy, infrastructure, agriculture and technology to highlight investment opportunities and promote sustainable development.
Likewise, the event represents a crucial opportunity for the search for effective and sustainable solutions for the diversification of the African economy, the increase of trade, business in areas with a high impact on the lives of North American and African populations and companies.
For this edition, the Government of Angola and the Corporate Council on Africa estimate the participation of more than 1,500 delegates, including African heads of state, senior US government officials, CEOs, investors and entrepreneurs.
The event will feature plenary sessions, panel discussions, investment pitch sessions, networking opportunities, an exhibition with innovative products and services, in addition to the signing of agreements and the establishment of business partnerships.
About the Summit
The US-Africa Business Summit serves as a platform for African and North American private sector and government representatives to engage at the highest level on a range of issues affecting the US-Africa economic relationship.
Summit sessions will focus on key sectors that drive business, employment and economic growth in the United States and across the African continent, including agribusiness, energy, health, infrastructure, security, trade facilitation, ICTs, creative industries and finance.
Summit attendees can interact with top private sector and government officials from the US and Africa, explore new business opportunities, meet potential business partners and forge new trade agreements.
The Summit also serves as an opportunity to shape and advocate effective U.S.-Africa trade and investment policies.
Over the past 30 years, CCA has hosted more than 50 US and African heads of state and more than 18,000 attendees at its summits.
The Corporate Council on Africa (CCA) is a leading U.S. business association focused exclusively on connecting business interests between the United States and the African continent. ART/DOJ
