EU and African Union Hold Business Forum in Luanda to Strengthen Trade

The 2025 Africa–Europe Business Forum (AEBF2025) met in Luanda this week, bringing together African and European businesses, investors, and policymakers to deepen economic cooperation and promote sustainable development. It marked 25 years of AU‑EU partnership, with the EU still Africa’s largest trade partner and top investor, accounting for 33 % of African goods traded and €239 billion invested in 2023. Held alongside the AU‑EU Summit, the forum reinforced commitments to trade, investment, and innovation, building on the African Continental Free Trade Area, the EU’s Global Gateway, and the Africa‑Europe Investment Package that has mobilised nearly €80 billion since 2021. The EU presented new commitments under the Global Gateway Africa‑Europe Investment Package, targeting over €150 billion for sustainable and inclusive investment through 138 flagship projects and innovative financing tools. The event also produced a joint business declaration, to be presented at the AU‑EU Summit on 25 November.

© European Union Adapted from https://www.europa.eu , licensed under CC BY‑4.0 (https://creativecommons.org/licenses/by/4.0/ ).

https://international-partnerships.ec.europa.eu/news-and-events/news/au-eu-business-forum-2025-getting-private-sector-sustainable-investments-and-trade-shared-prosperity-2025-11-24_en

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