The meeting aims to "reinforce Anglo-African partnerships to create jobs and growth, support British and African talent in sectors such as finance and technology and promote female entrepreneurship", says the executive, in a statement.
This is the second summit of this type, after a first edition in 2020, followed by two conferences in 2021 and 2022, held virtually due to travel restrictions related to the covid-19 pandemic.
The President of Mozambique, Filipe Nyusi, attended the first edition, in London, but his Angolan counterpart, João Lourenço, unexpectedly canceled his trip, having been represented by the Minister of State for Economic Coordination, Manuel Nunes Júnior.
The British Government estimates that the summit in 2020 enabled agreements worth more than 6,500 million pounds and investment commitments of 8,900 million pounds.
Among the British companies that did business, he highlighted Matalan, with an investment of 25 million pounds to launch 11 new points of sale in Egypt, and Diageo, which invested 167 million pounds in breweries in Kenya and East Africa.
The UK wants to seize the opportunities created by the expected high economic growth in sub-Saharan Africa over the next two years, including in the development of renewable energy.
"To grow the British economy, create opportunities for growth and boost our economic security, we must deepen our ties with partners across the world," British Prime Minister Rishi Sunak said in a statement.
The Conservative leader adds that this summit "will ensure that we can harness the potential of our relationships in Africa and grow our economies, making them stronger, more resilient and innovative".
