- Sadiq Khan hosts City Hall’s first ever London-Africa business summit, following his landmark 2025 trade mission to Africa – the first by a London Mayor.
- 117 African companies are listed on the London Stock Exchange – more than any other exchange globally – reinforcing London’s position as the leading international hub for African business and investment.
- Since the Mayor’s trade mission in July 2025, African businesses have invested more than £30 million into London through foreign direct investment
The Mayor of London, Sadiq Khan, has today hosted City Hall’s first ever London-Africa business summit, bringing together 200 business and political leaders from across the continent to strengthen trade and investment ties between London and Africa.
Held in the heart of the City of London, the summit included the Minister of Trade for Agribusiness and Industry in Ghana and representatives from SOAS, the Nigerian Exchange Group, Ventures 54 and London Africa Network to showcase London as the global city of choice for African companies looking to expand internationally and attract investment.
The Mayor announced the summit during his 2025 trade mission to Nigeria, Ghana and South Africa, where he led a delegation to promote London as a global destination for investment. Since the visit, African businesses have invested more than £30 million into London through foreign direct investment.
117 African organisations are listed on the London Stock Exchange, spanning sectors from telecoms and finance to energy and technology. Companies include telecoms giant Airtel Africa and energy supplier Seplat Energy. By comparison, fewer than 20 African organisations are listed on the New York Stock Exchange, underlining London’s deep economic and cultural links with the continent.
The summit builds on growing economic momentum between the UK and Africa. Total UK-Africa trade reached approximately £52 billion in 2025 despite continued global economic uncertainty, while UK exports to Africa increased to nearly £26.2 billion, reflecting rising demand for UK goods and services across African markets.
Africa is increasingly recognised as one of the world’s most important long-term growth regions, driven by rapid urbanisation, infrastructure investment, population growth and expanding consumer markets. The UK remains among Africa’s top 10 supplying markets and continues to strengthen trade relationships through agreements covering 18 African countries. There are also huge community links between the UK and Africa. The UK has the second largest Nigerian diaspora population, second only to the US, with an estimated 215,000 Nigerians living here.
The Mayor’s London Growth Plan identified the need to attract more foreign direct investment to help grow London’s economy by £107 billion by 2035 and support the creation of 150,000 good jobs by 2028. London continues to lead as the top destination for African foreign direct investment in Europe and the US, ranking second globally outside Africa behind only Dubai.
The summit also highlighted major opportunities for collaboration across sectors, including financial services, digital technology, education, healthcare, energy transition, infrastructure and the creative industries, with London well positioned to deepen its role as a strategic trade and investment partner for African markets.
The Mayor of London, Sadiq Khan, said: “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. With more African companies listed on the London Stock Exchange than any other exchange, it is one of the most globally important growth regions. I am delighted that my African trade mission last year has encouraged both inward investment and outward expansion, creating jobs and further strengthening the links between us. I look forward to more opportunities developing from this Summit as we continue to build a better, more prosperous London for everyone.”
Mr. Mark Smithson, Country Director, UK Department for Business and Trade, Nigeria, and Anglo West Africa said:
“The London-Africa Business Forum has brought together ambition, capital and creativity, reinforcing London’s role as a global gateway for African enterprise. As we look to the next chapter, we are deepening partnerships that drive sustainable growth, shared prosperity and long-term opportunity across both regions. In Nigeria, we are working closely with key partners, businesses and investors to unlock investment, create jobs and deliver tangible economic outcomes.”
Soren Nikolajsen, Managing Director, Industry Engagement Defence and Trade at Natwest said: “London remains one of the world’s leading destinations for international investment, underpinned by its deep financial expertise and global connectivity. Bringing together investors from across Africa in this way is a valuable opportunity to strengthen relationships, showcase the breadth of opportunity here, and support long-term, mutually beneficial growth.”
Olukorede (K.O.) Adenowo, Chief Executive Officer, FirstBank UK, said: “FirstBank UK is proud to support the strengthening of the Africa–UK corridor, where growing demand for capital and expertise continues to drive cross-border opportunity. London remains a powerful gateway for African businesses seeking to scale internationally, while Africa offers compelling long-term investment potential.
“At FirstBank UK, we are focused on supporting cross-border trade and facilitating capital flows by connecting clients to global markets and structuring bankable opportunities. Through stronger collaboration, we can unlock greater investment and deliver sustainable growth across both regions.”
Dylan Martin, Chief Executive Officer of Teybridge Capital said: “Our expansion in London marks an important milestone for Teybridge Capital Europe and reflects the strength of our growth in the UK market. With over 60 per cent of our client base in the UK, this was a natural step in deepening our presence on the ground and investing in a high-performance, locally based team to support our next phase of growth.”
Examples of growing business links between London and Africa:
Teybridge Capital Europe, a subsidiary of South Africa-based Teybridge Capital, has expanded its London presence, bringing an estimated £8 million into the capital’s economy and creating more than 30 jobs through a new office at Salisbury House.
In January 2026, insurance provider Santam launched a new branch in the City of London through Lloyd’s’s global platform, creating nearly 40 new jobs.
Last month, Dangote Cement announced they are planning a secondary listing on the London Stock Exchange to open up to global investors, while also maintaining a primary listing on the Nigerian Exchange (NGX). Targeted for as early as September 2026, this would be a welcome boost for London’s markets.
The Mayor’s growth agency, London & Partners, is supporting companies to do business between London and Africa:
As part of the Mayor’s trade mission to Africa, growth agency London & Partners, supported 27 London businesses seeking opportunities across the continent through its Grow London Global Programme. As a result, The Washing Machine Project has partnered with the Lagos State Government to help distribute off-grid washing machines in Nigeria, while expanding its wider international operations. Recruitment company Tech1M has expanded into Nigeria to distribute its AI software and partnered with Bloom Academy for AI to deliver workplace AI literacy training across the Global South.
In addition, 10 companies took part in the Mayor’s Grow London Global programme were on the Africa trade mission are based in London and will generate almost £40m for London’s economy over the next two-five years. Their export revenue increased by £3m between starting and completing the programme over the last year.
Since 2020, London & Partners has also supported five companies from Africa set up or expand in London, generating £485,000 for London’s economy and creating 11 jobs in their first year of operations. Four of these companies were from South Africa, and one was from Nigeria.
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