London Courts Africa’s Rising Economic Power as Khan Hosts Historic Business Summit

London is aggressively positioning itself as Africa's premier global gateway for investment, business, and innovation. The city hosted its first London-Africa Business Summit, bringing together over 200 business and political leaders from Africa and the UK.

Mayor Sadiq Khan revealed that African companies have invested over £30 million in London through foreign direct investment since his 2025 trade mission to Nigeria, Ghana, and South Africa. This initiative aims to deepen commercial partnerships and capitalize on Africa's expanding markets and future growth potential.

The summit highlights Africa's growing economic importance, driven by its youthful population, expanding middle class, and increasing digital transformation. London seeks to leverage these trends, further solidifying its role as a leading international financial and commercial hub for African enterprises.

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I am proud to host City Hall’s first-ever London-Africa Business Summit, bringing together investors, entrepreneurs and businesses to showcase London as the best city in the world for African companies to expand internationally and attract investment.