Mohamed El-Shimy, Egypt's Minister of Public Enterprises Sector, has arrived in Luanda, Angola, to participate in the 17th edition of the US–Africa Business Summit, taking place from June 22 to 25. Egypt's participation in the high-level summit underscores its commitment to advancing economic partnerships across the African continent and with the United States. The event is attended by several African heads of state and government, ministers, senior US government officials, and top business executives from both regions. During his visit, Minister El-Shimy is scheduled to hold bilateral meetings with key government officials and representatives of leading international companies and institutions. These meetings aim to explore avenues for deeper economic cooperation and to promote investment opportunities in Egypt's public enterprise sector. Organized by the Corporate Council on Africa, the US–Africa Business Summit is one of the most prominent annual forums focused on strengthening US–Africa economic ties. Held alternately in Africa and the United States, the summit brings together CEOs, investors, and policymakers to foster dialogue and business development. The 2025 edition is being held under the theme "Paths to Prosperity: A Shared Vision for US–Africa Partnership" and focuses on boosting trade volumes, enhancing investment flows, and promoting collaborative growth. Key sectors under discussion include infrastructure, healthcare, mining, energy, agriculture, and technology. Egypt's involvement in the summit reflects its broader strategy to deepen regional integration, attract foreign direct investment, and position itself as a central player in shaping Africa's economic future.
