Angolan authorities are meeting today to discuss preparations for the United States-Africa Summit 2025. The objective is to strengthen collaboration among stakeholders and establish guidelines for the event, which will be held in Angola.
The Angolan Agency for Investment and Export Promotion (APIEX) is leading the initiative, bringing together over 120 key figures, including government officials, CEOs, and representatives from various NGOs, at a hotel in the nation’s capital.
The program will begin at 4 PM, with an opening speech by José de Lima Massano, Minister of State for Economic Coordination.
Over the course of three hours, panel discussions will explore strategies to maximize business opportunities and visibility at the summit.
The 17th U.S.-Africa Summit will take place in Luanda from June 22-24, 2025, with 1,500 delegates, including African presidents, government leaders, U.S. officials, and business executives from both continents.
The event will follow a similar structure to the 2024 edition in Dallas, which was formally inaugurated by Angolan President João Lourenço in his role as First Vice President of the African Union Assembly of Heads of State and Government.
Key topics will include trade expansion, investment opportunities, and strengthening economic ties.
Since 2005, Africa has attracted more foreign direct investment (FDI) than development aid. The continent’s share of global FDI flows grew from 0.7% in 2000 to 4.5% in 2010.
In 2008, U.S.-Africa trade was largely concentrated in Nigeria, Angola, and South Africa, with key exports and imports including fuels, minerals, precious stones, vehicles, and metals.
By the end of that year, total U.S. direct investment in Africa reached $36.6 billion, just 1% of the $3.16 trillion invested globally by the U.S.
However, trade between Angola and the U.S. has declined, dropping from $20.9 billion in 2008 to just $2.3 billion in recent years—a 90% decrease.
During the 2024 AmCham-Angola Business Forum, U.S. Ambassador Tulinabo Mushingi highlighted that at least 14 American companies had shown interest in investing in Angola’s diverse economic sectors in 2023.
In a recent New York Times interview, President João Lourenço emphasized Angola’s desire for a more diverse U.S. investment portfolio, stating:
“So far, U.S. investment has focused almost exclusively on oil and gas. Now, we hope to see greater diversification across various sectors of our economy.”
