The 2025 US–Africa Business Summit has wrapped up in Luanda with more than $2.5 billion worth of trade and investment agreements signed between American and African partners, signaling renewed momentum in economic cooperation across sectors.
Held over four days, the high-level gathering drew more than 2,700 participants, including business leaders, investors, policymakers, and 12 African heads of state. The summit featured strategic discussions on energy, infrastructure, digital technology, agriculture, and manufacturing, placing emphasis on mutually beneficial investment over traditional aid.
Among the standout deals was a $1.5 billion commitment by a US energy company to develop a power transmission corridor linking Angola’s hydroelectric plants to southern Democratic Republic of Congo. The project is expected to strengthen cross-border energy access and support industrial growth in mineral-rich zones.
In a major step toward food security, another US firm announced plans to build 22 grain elevators along Angola’s Lobito Corridor to boost agricultural storage and distribution. The deal, supported by US export financing, is seen as a long-term investment in Africa’s agribusiness value chain.
Angola Telecom also signed a $170 million agreement with a US technology company aimed at modernizing the country’s digital and cybersecurity infrastructure, while a separate $760 million project was inked to build a large-scale hydropower plant along the Ruzizi River, serving communities in Rwanda and the DRC.
Tourism was not left out, with Ethiopia securing over $200 million in new investment partnerships to develop its travel and hospitality sectors.
The summit highlighted a shift in tone from previous years, with African leaders using the platform to call for more balanced partnerships rooted in trade, not charity. They also pushed for lower tariffs on African goods, relaxed visa policies, and increased US support for regional industrialization efforts.
As the summit concluded, participants described the deals as a sign of deeper commercial ties between Africa and the United States, driven by shared interests in sustainable development and private sector growth.
