SA to host 23rd World Economic Forum in May

South Africa is to host the 23rd World Economic Forum  next month.

In announcing this today, 11 April, the Presidency said the Forum will be held from 8-10 May at the Cape Town International Convention Centre in the Western Cape.

The theme of the forum will be ‘Delivering on Africa’s Promise’. The forum will cover a broad range of economic issues relating to the African continent, converging particularly around the issues of growth and development. Engagement of economic issues such as strengthening the continent’s competitiveness, creating inclusive and sustainable growth, accelerating infrastructure development and economic diversification is expected.

The three day deliberations of the forum will be anchored on accelerating economic diversification, boosting strategic infrastructure and unlocking the continent’s talent. “The above themes consolidate the previous ones discussed during the 22nd World Economic Forum on Africa in Addis Ababa, Ethiopia, which focused on leadership, innovation and shared opportunities as well as increasing investment in frontier markets,” the Presidency said.

The crux of the Forum will be to make a positive response to the economic growth in the continent,  leveraging important sectors to further advance this growth. It is also an opportunity to advance the African agenda of economic growth, development and security.

“The government of South Africa expresses its full support and commitment to the event and encourages all relevant participating sectors to take part in making this event a resounding success.”

South Africa hosted the 19th WEF which attracted over 800 participants from 50 countries.  The Cabinet at the time described the forum in 2009 in Cape Town as a success. 

News courtesy of SAnews.gov.za

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