By the end of 2024, 48 of the 54 countries that signed the Africa Continental Free Trade Agreement (AfCFTA) had ratified it, and Heads of State had approved landmark protocols on investment, digital trade, and women and youth in trade. Countries are investing in regional and continental value chains, particularly in the four priority sectors identified by the African Union: automotives, pharmaceuticals, agribusiness and transportation. Trading companies and investors are already developing regional and continental value chains in these and many other sectors. As these measures position Africa as an increasingly important global economic partner, there is a significant opportunity for new leadership in both the African Union and the United States to chart a course for much stronger trade and investment relations.  

In this session, senior government and company officials from the United States and Africa will share their expectations for the future, building on highlights from sessions throughout the Summit.