TO ALL MEDIA

 

THURSDAY 12 NOVEMBER 2020

 

PRESIDENT TO LEAD THIRD SOUTH AFRICA INVESTMENT CONFERENCE

 

President Cyril Ramaphosa will host the third South Africa Investment Conference on Tuesday and Wednesday 17 and 18 November 2020 as part of expanding South Africa’s efforts to grow domestic and international investment.

 

In 2018 President Ramaphosa embarked on a R1,2 trillion at the time investment drive to stimulate sustainable, equitable and inclusive growth as the foundation for socio-economic transformation in the country.

 

The 2018 and 2019 South Africa Investment Conferences interactions among leaders from government, business and civil society generated investment pledges of R664 billion. These commitments constitute an important contribution to the South African Economic Reconstruction and Recovery Plan that was recently announced by President Ramaphosa.

 

The 2020 conference will showcase new investment opportunities for South African and global businesses and for development financing institutions, multilateral development and other institutional investors.

 

Government is mobilising the public sector, private sector and civil society in economic activities that will put the economy on a sustainable recovery trajectory.

 

The conference programme will profile the strengths and comparative advantages South Africa offers investors and trade partners in a period of growing African integration through the African Continental Free Trade Area. The free trade area will be the largest of its kind since the formation of the World Trade Organisation, given Africa’s current population of 1.2 billion people, which is expected to grow to 2.5 billion by 2050.

 

The 2020 edition of the South Africa Investment Conference will host a limited number of guests at the Sandton Convention Centre in Johannesburg, Gauteng, and will be open to the public through online streaming.

 

Registration can be done at https://sainvestmentconference.co.za/registration/

 

Media enquiries:

 

Tyrone Seale, Acting Spokesperson to President Ramaphosa – media@presidency.gov.za

 

ISSUED BY THE PRESIDENCY OF THE REPUBLIC OF SOUTH AFRICA

 

www.thepresidency.gov.za

 

Pretoria