All systems go for WEF Africa 2015

IOL pic june1 ct WEF Setup 5932 doneWorkmen at the CTICC prepare for the World Economic Forum on Africa, which runs from June 3-5. Photo: Jeffrey Abrahams

Cape Town -The South African government on Tuesday evening said it was all systems go for the 25th World Economic Forum meeting on Africa (WEF Africa) taking place in Cape Town from 3–5 June.

WEF Africa is being held at the Cape Town International Convention Centre under the theme “Then and Now: Reimagining Africa’s Future” and is due to be attended by more than 1 000 leaders from business, politics, academics, civil society and international and local media.

In a statement, the SA government said the first meeting in Africa took place in 1990, the year South Africa’s first democratically-elected President Nelson Mandela was released from prison.

“With the programme built upon the three pillars of enabling markets, marshalling resources and inspiring creativity, this year’s meeting will also feature a high-level session on critical subjects aimed at showcasing opportunities in Africa which is one of the fastest growing regions in the world,” government said.

Alongside the meeting, the Grow Africa Investment Forum, which runs from the 2–4 June, would bring together leaders engaged in the Forum-led Grow Africa food security initiative. Another high-level summit would focus on the mobilising financing for cross-border infrastructure.

“South Africa values the importance and contribution that the World Economic Forum provides in creating economic opportunities for growth and development in the country and the continent,” government said. “The WEF on Africa will also showcase that South Africa is open to business.”

The summit starts Wednesday and the launch plenary session which takes place on Thursday is due to feature South African President Jacob Zuma and other leaders, moderated by WEF Founder and head Professor Klaus Schwab.