SA Investment Conference to focus on intra-Africa trade

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The fourth South African Investment Conference will kick off on Thursday next week. This year’s conference will focus on South Africa remaining a key investment destination despite COVID-19.

The conference which was postponed last year is expected to attract more than 1 000 delegates after COVID-19 regulations were eased.

The Investment Conference was inaugurated by President Cyril Ramaphosa in 2018.

The government has made a commitment to raise more than R1.2  trillion worth of investments over a five-year period.

Special Envoy Jeff Radebe says this year’s investment conference will have a strong focus on intra-Africa trade and highlight the importance of the Africa Free Continental Trade Area.

“An investment to South Africa without a corresponding investment to the great African continent will not assist us as Africans to attain our agenda 2063, the Africa we want. Africa Free Continental Trade Area must not just be a theory but it must be practical. We should look at other issues that stand in the way for Africa to trade as a bloc, how else are we going to be able to implement this free trade area if there are so many barriers.”

In the video below, Presidential Advisor Trudi Makhaya says one of the largest projects that has been ongoing as a result of the investment conference is the food processing project: