London hosted its first-ever London-Africa Business Summit on June 4, 2026, convened by Mayor Sadiq Khan, bringing together business leaders, investors, and public officials from across Africa and the UK. The historic summit aims to strengthen London’s position as a global hub for African business investment and expansion. Mayor Khan announced that African businesses have invested more than £30 million into London through foreign direct investment since his 2025 trade mission to Nigeria, Ghana, and South Africa. Currently, 117 African organizations are listed on the London Stock Exchange—more than on any other exchange globally.
Key examples of growing business ties include Teybridge Capital Europe, a South African subsidiary that brought an estimated £8 million into London’s economy and created over 30 jobs through its new Salisbury House office. In January 2026, insurance provider Santam launched a London branch through Lloyd’s global platform, creating nearly 40 new jobs.
Dangote Cement from Nigeria announced plans for a secondary listing on the London Stock Exchange by September 2026, which will open access to global investors while maintaining its primary listing on the Nigerian Exchange.
The summit also showcased London’s trade support programmes. London & Partners helped 27 London businesses find opportunities across Africa, with 10 companies generating almost £40 million for London’s economy over the next two to five years. Since 2020, the organization has supported five African companies set up or expand in London, creating 11 jobs in their first year.
The event reinforces the UK-Africa-India corridor as a strategic investment partnership.
FAQs [Frequently Asked Questions]
1. How much have African firms invested in London?
African companies have invested more than £30 million in London through foreign direct investment since Mayor Khan’s 2025 trade mission to Nigeria, Ghana, and South Africa.
2. How many African companies are on the London Stock Exchange?
117 African organizations are currently listed on the London Stock Exchange, which is more than on any other exchange globally, showing strong African business presence in the UK.
3. What is the London-Africa Business Summit?
The first London-Africa Business Summit was convened by Mayor Sadiq Khan on June 4, 2026, bringing together African and UK business leaders to strengthen investment ties and trade partnerships.
(Image Source- Africa Briefing)