President Cyril Ramaphosa says more funding needs to be made available for the continent to further industrialise. Ramaphosa was delivering the keynote address at the opening of the Intra-African Trade Fair (IATF) in Durban on Monday.
The Fair is the continental meeting of government leaders, buyers, investors, entrepreneurs and manufacturers from 55 countries.
In the video below, President Ramaphosa addresses the Intra-African Trade Fair:
The President says South Africa remains willing to work with other African countries to help develop the continent.
“Finance should be available to all our countries for us to industrialize, improve our agriculture and to do a whole lot of other things to produce products and services. South Africa stands ready to work closely with all African countries to forge more balanced, equitable and fair trade relations amongst African nations.”
The week-long event will see a representation of about 50 heads of state and government. The conference is organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area.
[PHOTOS]: His Excellency President @CyrilRamaphosa accompanied by former President of Nigeria, His Excellency Olusegun Obasanjo, received African Heads of State and Government at the Intra African Trade Fair 2021) in KwaZulu-Natal #IATF2021 #OneAfricanMarket pic.twitter.com/y9rlYmV0nC
— Presidency | South Africa ?? (@PresidencyZA) November 15, 2021
The aim is to deliberate on trade acceleration and investment throughout the African continent.
KwaZulu-Natal MEC for Economic Development and Tourism, Ravi Pillay said the city is expected to host another major conference in December.
His Excellency President @CyrilRamaphosa receives H.E Mr Muhammadu Buhari, President of the Federal Republic of Nigeria, for the Opening Session of the Intra-African Trade Fair 2021 taking place at Inkosi Albert Luthuli ICC in Durban, KwaZulu-Natal #IATF2021 #OneAfricanMarket ? pic.twitter.com/aS7BJDSCMR
— Presidency | South Africa ?? (@PresidencyZA) November 15, 2021
