South Africa Woos International Investors At Africa Ceo Forum

21 Days(s) Ago    👁 82
south africa woos international investors at africa ceo forum

South Africa has invited the private sector globally to partner with the government by investing in infrastructure such as ports, rail, electricity and manufacturing to increase local value-addition and boost trade under the African Continental Free Trade Area AfCFTA.

The government has been on a mission to reiterate its long-standing message that South Africa is a safe investment destination in the face of an onslaught from United States President Donald Trump, who says its laws have discriminated against white people.

Electricity and Energy Minister Kgotsientsho Ramokgopa was among a delegation of government officials and business leaders who sought to drive home that message during an investment session at the African CEO Forum in Abidjan, Cte dIvoire, on Tuesday.

Ramokgopa said South Africa had stabilised its energy supply even as power utility Eskom announced the return of load-shedding on Tuesday afternoon and urged the private sector to participate in government-led infrastructure development projects.

This gathering provides a platform to explore how South Africa, in partnership with fellow African nations and global investors, can fortify the regions case through targeted infrastructure development, industrial capacity building and the establishment of the conducive policy environment, he said.