Luanda – President João Lourenço has ordered the creation of a Taskforce that must prepare, co-ordinate and organise the tasks linked to the holding, in June 2025, of the 17th US-Africa Business Summit.
According to the Presidential Order number 204/24 of September 03rd, the Taskforce will be chaired by the State Minister for Economic Co-ordination, having as deputy the minister of Industry and Trade.
The group also includes the ministers of Foreign Affairs, Home Affairs, Finance, Planning, Transports, Telecommunications, Information Technologies and Media, Health, Culture, Tourism, as well as the governor of Luanda province, the secretary of the President for Economic Matters, and the Chairperson of the Private Investment and Exports Promotion Agency (AIPEX).
To support the Tasforce, a Technical Group is also being set up and it will be co-ordinated by the minister of Industry and Trade. It’ll include the secretaries of State of the abovementioned ministerial departments, two technicians from the President’s Civil Office, plus some experts that will ensure proper execution of the tasks and supervision of the commission’s work.
The choice of Luanda City to host such event happens in sequence of the meeting held between the Angolan President, João Lourenço, and the Head of Corporate Council on Africa, Florizelle Liser, in May this year in Dallas City, Texas, reads a press communiqué issued by 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 recognised 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, reads the statement.
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 peoples 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.
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.
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