(Xinhua/) President Cyril Ramaphosa on Friday said that he would position South Africa as a destination of choice for investors at the upcoming World Economic Forum on Africa (WEF Africa).
The meeting, scheduled for Sept. 4 to Sept. 6 in Cape Town, will allow South Africa to profile investment opportunities in diverse economic sectors, Ramaphosa said.
“South Africa is once again honoured to host this globally important gathering and we look forward to learning from partners and counterparts how best to achieve inclusive and sustainable growth.
“Inclusive and sustainable growth will creates employment and enables us to improve the living conditions of all South Africans,” he said.
Now more than ever, South Africa needs to create opportunities that will empower young people, Ramaphosa said.
The meeting, he said, will allow South Africa to showcase the broad range of programmes it has put in place and actions it has taken to reduce poverty, unemployment and inequality.
The South African delegation will further highlight that South Africa, which has prudent macroeconomic policies, is restructuring its state-owned enterprises to position them to grow the economy.
Also the country is striving to improve its competitiveness through a commitment to creating an enabling environment for trade and investment, according to Ramaphosa.
South Africa, he said, wants to show the world that it remains committed to innovations and technologies that will advance the country and the African continent into the fourth industrial revolution (4IR).
South Africa will also learn from countries that have excelled in using technology and the 4IR to advance their economies, Ramaphosa said.
Held under the theme “Shaping Inclusive Growth and Shared Futures in the 4IR,” WEF Africa will be attended by delegates from the continent and beyond.
The meeting will be a platform for South Africa to profile the ways in which the country will embraced the opportunities presented by the 4IR and has begun to prepare for challenges arising from the interplay between technology and people, Ramaphosa said.
A wide range of issues will be discussed at the meeting, including the future of state-owned enterprises, infrastructure, promoting female leadership, investing in mental health and achieving universal health coverage.
Others are Africa’s climate change challenges, fighting financial crime, trade, education, energy, building Africa’s digital economy, inclusive growth and re-skilling workers for the 4IR. (Xinhua/)
- FG assures qualified teachers of good welfare, incentives
- Buhari mourns Evangelist Reinhard Bonnke
- Salome Abuh, PDP woman leader burnt to death, buried amid tears
- NAN correspondent gets accolades for sponsoring soccer tournament
- ECOWAS Presidents to meet on single currency regime Dec. 21
- FGGC Yola old students seek unity among children
- FEATURE: Gender-Based Violence: Do men suffer same?
- Nasarawa grassroots sports: Ezhiba defeat Alashe in competition organised by NAN Correspondent
- SWOFON commends women farmers’ successes in spite of challenges
- New Ondo IPAC chairman promises to build trust among members
- Education remains potent weapon to reduce unemployment -Buhari
- LG poll: ADSIEC Chairman expresses concern over low turnout of voters
- Experts outline ways to fund Nigeria’s infrastructure deficit through capital market
- Minister tasks Nigerians on regular exercise for healthy living
- Nollywood: Audition for ‘A Call to Service’, pro-NYSC scheme movie debuts in FCT
- Tallen gives N250, 000 cash prize to best UniJos graduating female students, to support 200 indigent ones with N4m
- Christmas: Enugu residents opt for de-stoned local rice as price of imported variant soars
- Xmas : SWAN donates cloths, food, celebrates with orphans
- Fair approach to governance sure guarantee for democratic stability – Gov. Tambuwal
- Ex-Chief of Army staff urges women, girls to acquire skills
- 981 Kogi teachers write professional exam
- Lagos-Ibadan rail project: NASS Joint C’ttee inspects, expresses satisfaction
- Provost hails Buhari for support to Ebonyi Federal Agric College
- NAN Correspondent organises unity football competition to boost unity in Nasarawa state
- Buhari condoles with UAE president over brother’s death
- Nigeria retains 95,000 slots for pilgrims in 2020 hajj – NAHCON
- NGO treks 3km to create awareness against sexual violence, women trafficking
- Residents of Ajeromi-Ifelodun LGA commend Nigeria Navy, Pakistan Navy medical collaboration
- Ajanaku, a great politician, democrat – Buhari
- Ekiti LG poll witnesses low turnout
- Buratai inaugurates multi-million Naira projects in Depot, NMS
- Christmas Carol: Naval officers,NOWA pray for Nigeria, leadership, Armed Forces
- Anambra Sports Development Commission tasks public on regular exercise
- Lack of synergy responsible for Nigeria’s loss at IMO council election – operators
- Gov. Abiodun appoints Chokor Head of Service
- NTIC students donate Christmas gifts to sick children at LASUTH
- RIFAN recovers N35m CBN ABP loan in Niger
- Lekki residents protest against proposed location of 5-storey school building in residential estate
- Lawmaker urges waste managers to ensure cleaner Lagos
- Army conducts free medical outreach in 3 Enugu communities
- Wabote lists benefits of NLNG Train 7
- Group seeks participation of more women in farming
- Aguleri community builds unity centre worth N150m
- Eye centre performs 900 operations in 12 months
- Transport strikes continue in France amid fresh lorry blockades
- IPPIS: NECA urges FG, ASUU to initiate industrial relations process to resolve disagreement
- Former head of state, Abdulsalami underscores importance of traditional institutions
- UniJos graduates 11, 431 students, 74 first class, 97 PhDs
- Institute concludes environmental impact survey of Lagos, makes recommendations
- Sowore: Rights commission urges law enforcement officials to respect law