By Simba Munyua
Luanda, Angola – President Taye Atske Selassie of Ethiopia has arrived in Luanda, Angola, leading a high-level delegation to attend the U.S.-Africa Business Summit scheduled for June 22-25, 2025. The delegation was warmly received by senior Angolan government officials upon their arrival.
This year’s summit, organized by the Corporate Council on Africa (CCA) in collaboration with the Angolan government, is particularly noteworthy given the shift in U.S. policy toward the continent, now emphasizing investment and commercial diplomacy. This transition, initiated under the Trump administration, signals a move away from an aid-heavy model towards one focused on investment, infrastructure, and deal-making as part of an “America First” foreign policy.
The highly anticipated summit is expected to draw over 1,500 delegates, including African presidents, heads of state, ministers, senior U.S. and African government officials, and key business leaders. The event will primarily focus on opportunities for expanding U.S.-Africa trade, investment, and broader business relations.
President Taye is slated to deliver a keynote speech at the summit and is also expected to hold bilateral discussions with key stakeholders on the sidelines of the event. According to ENA sources in Luanda, other members of the Ethiopian delegation will be participating in various panel discussions and sessions throughout the summit.
Ethiopia has placed significant emphasis on economic diplomacy as a core component of its diplomatic commitments, a focus that has yielded remarkable results in recent years. The nation has seen considerable success in attracting foreign direct investment, strengthening bilateral trade ties, and exploring new market opportunities across the globe.
The U.S.-Africa Business Summit offers a crucial platform to further these achievements. These platforms are expected to enable Ethiopia to leverage its economic diplomacy potential, which will surely accelerate the nation’s economic reform and promote economic development. The summit presents a valuable opportunity for Ethiopia to solidify its position as a key player in the growing U.S.-Africa economic landscape.
