WASHINGTON, D.C. – The U.S. International Development Finance Corporation (DFC) Head of Investments and Chief of Staff Conor Coleman attended the U.S.- Africa Business Summit in Luanda, Angola. This event gathered African presidents, government officials, and leaders from both U.S. and African companies to explore ways to enhance trade and investment between the United States and Africa. Coleman highlighted DFC’s dedication to mobilizing investments aimed at diversifying supply chains, particularly for critical minerals, energy, and infrastructure, and reaffirmed the importance of the enduring relationship between the United States and Africa.
During the summit, Coleman participated in panel discussions centered on critical minerals, mining, and the Lobito Corridor. He highlighted DFC’s involvement in financing the Lobito Atlantic Railway and showcased the impact of potential DFC investments along the Lobito Corridor, underscoring the U.S. Government's commitment to promoting economic growth and development in the region. Additionally, Coleman met with presidents from Angola, Botswana, Ethiopia, and Namibia, the prime minister of Eswatini, as well as ministers and other government officials, and private sector businesses, to emphasize collaborative efforts.
After the summit, Coleman visited the Lobito Port alongside the U.S. delegation led by U.S. Department of State Senior Bureau Official for African Affairs Troy Fitrell. This visit further emphasized DFC’s commitment to the region.
DFC’s investments in Africa represent an opportunity to proactively make America safer by strengthening supply chains and promoting economic stabilization across the continent; make America stronger by countering strategic competitors and advancing U.S. policy priorities; and make America more prosperous by involving U.S. companies and securing critical mineral supply chains.
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The U.S. International Development Finance Corporation (DFC), established in 2019 with bipartisan support under President Trump, is America’s development finance institution. DFC partners with the private sector to advance U.S. foreign policy and strengthen national security by mobilizing private capital around the world. DFC invests across strategic sectors including critical minerals, modern infrastructure, and advanced technology — fostering economic development, supporting U.S. interests, and delivering returns to American taxpayers.