Africa is Better Placed Than Ever for Investment

JOHANNESBURG, South Africa, Nov 18 2019 (IPS) - The Presidents Cyril Ramaphosa of South Africa, Paul Kagame of Rwanda, Nana Akufo-Addo of Ghana and Prime Minister Agostinho do Rosario of Mozambique engaged in a discussion titled, Invest in Africa’s Space: Conversation with African Heads of State, moderated by Dr. Victor Oladokun, African Development Bank Group Director of External Relations and Communications, at the Africa Investment Forum, Johannesburg, 11 November 2019.

President Cyril Ramaphosa identified infrastructure, energy, manufacturing and tourism as the sectors where the most investment opportunities exist in South Africa.

Rwanda’s President Paul Kagama said his country has created a conducive investment environment through good governance systems and security, and according to the World Bank, it is the second easiest African country with which to do business.

For Ghana’s President. Nana Akufo-Addo, the Africa Continental Free Trade Area remains a priority. He says his government is working to strengthen the country’s macro-economy. The country’s current priorities are infrastructure, agriculture and mineral resources.

Prime Minister Agostinho do Rosario representing the President of Mozambique, said his government is open to investment, fighting corruption and has improved transparency.