In a significant show of economic diplomacy, U.S. companies have pledged a series of investments across Africa, spanning power infrastructure, digital technology, agriculture, and energy — reaffirming Washington’s “trade over aid” strategy on the continent.
AFP revealed that the commitments were unveiled during the U.S.-Africa Business Summit in Luanda, Angola, which brought together African leaders, U.S. government officials, and private sector stakeholders.
The event highlighted the U.S.’s strategic shift toward market-driven partnerships as a counterweight to China’s growing economic footprint in Africa.
A central focus of U.S. involvement is the Lobito Corridor, a major transport and logistics project connecting mineral-rich areas in the Democratic Republic of Congo (DRC) and Zambia to Angola’s Atlantic port. Backed by the U.S., EU, and African development institutions, the corridor aims to establish agro-industrial zones and improve trade routes through private investment.
Among the key agreements announced is that U.S. consortium will partner with an Angolan group to build and operate 22 grain silo terminals along the Lobito Corridor.
Another is a memorandum of understanding which was signed for the construction of a 1,150-kilometre power transmission line linking Angola and the DRC.
Other initiatives include strengthening Angola’s digital and cybersecurity infrastructure, building West Africa’s first U.S.-sourced LNG terminal in Sierra Leone, and U.S. investment in a hydropower project spanning Rwanda and the DRC.
Speaking further, President Donald Trump’s senior advisor for Africa, Massad Boulos, emphasized the administration’s belief in the power of commerce to drive sustainable growth. “This is not about aid—it’s about enterprise,” he said. “We’re focused on building enduring partnerships rooted in business, not charity.”
Since returning to office in January, President Trump has significantly reduced U.S. foreign aid allocations, opting instead to push for American businesses to take the lead in fostering economic ties with Africa.
With a clear message of mutual benefit and long-term engagement, the U.S. is positioning itself as a strategic trade ally for African nations seeking inclusive development and infrastructure growth.
Image Credit: MarketForces Africa
