Addis Ababa, June 22, 2025 (ENA)—A high-level Ethiopian delegation led by President Taye Atske Selassie has arrived in Luanda, Angola's capital to attend the U.S.-Africa Business Summit scheduled from June 22 to 25, 2025.

Upon his arrival in Luanda, President Taye and his delegation were accorded a warm welcome by high-level Angolan government officials.

This year's U.S.-Africa summit is unique, particularly given that it took place shortly after the U.S. shifted its policy toward the continent to focus on investment and commercial diplomacy.

The shift in the Donald Trump administration highlights a transition from an aid-heavy model to one rooted in investment, infrastructure, and deal-making as part of an “America First” foreign policy.

The highly anticipated summit is expected to bring together over 1,500 delegates, including African presidents, heads of state, ministers, and senior U.S. and African government officials and business leaders.

Organized by the Corporate Council on Africa (CCA) in collaboration with the Angolan government, the U.S. - Africa summit will cover opportunities for expanding U.S.-Africa trade, investment, and business relations.

At the event, President Taye is anticipated to deliver the keynote speech and hold bilateral discussions on the sidelines of the summit.

 ENA, from the Angolan capital, learned that other members of the delegation are also gathering in Luanda to attend the panel discussions and other important sessions.

Ethiopian foreign policy has given special consideration to economic diplomacy, which is at the heart of the nation's diplomatic commitments.

As a result, Ethiopia has recently achieved remarkable results in economic diplomacy.

The country has been particularly successful in attracting foreign direct investment, strengthening bilateral trade relations, and exploring new market opportunities in various countries.

Conferences like the US-Africa Summit have the potential to contribute directly to the remarkable results that have been achieved in recent years in this sector.

Furthermore, 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.