He was delivering the keynote address at the 6th Financial Times Africa Summit in London.
Ramaphosa called for global business to be part of Africa’s "great leap forward", saying while Africa’s infrastructure needs amounted to some $130 billion to $170 billion a year, this would only be achieved with collaboration with the global community, significant private funding and partnerships for mutual benefit, said his spokesperson Khusela Diko.
South Africa was in the process of setting up an infrastructure fund to leverage investments from financial institutions, multilateral development banks, asset managers and commercial banks, Ramaphosa told the audience. He said that with the global move towards cleaner energy sources, Africa was perfectly situated for investment in wind, solar, bioenergy, hydro and natural gas.
She said the two discussed a collaboration to enhance South Africa’s investment drive, and the sharing of experiences to add to the capacity and capabilities of government.
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Ramaphosa arrives in London for Africa Summit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has on Sunday, October 13, 2019, arrived in London at the beginning of a two-day working visit. The President will deliver the opening address at the 6th Financial Times Africa Summit on Monday. Why are we having Africa Summit in London? Lunch with kidnappers type of a thing. Why Africa summit e tswarwa ko London janong? Kgotsa go nale London mo Africa? It's not an African Summit if its not held on the AFRICAN Soil but it's for all the puppet leaders who are there to report to their handlers and masters.
Source: SABC News Online - 🏆 32. / 51 Read more »
Ramaphosa to address the 6th Financial Times Africa Summit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa will deliver the opening address at the 6th Financial Times Africa Summit in London, on Monday morning, which focuses on the fortunes and the future of the African continent. Don't forget to mention we have no money because of your corruption CyrilRamaphosa He needed a break. It's too hot for him in SA. 6th Financial Times Africa Summit but Held in London ai, African leaders though
Source: SABC News Online - 🏆 32. / 51 Read more »