Home / News / Zuma Arrives in China for the ‘Investing in Africa Forum’

Zuma Arrives in China for the ‘Investing in Africa Forum’

Around 300 government officials, entrepreneurs and other delegates will be taking part in the forum jointly hosted by the Chinese Development Bank and the Chinese government.China is currently the largest single bilateral investor in Africa as well as Africa’s largest trading partner. Recent visits by Chinese leaders to Africa signaled a pragmatic approach to cooperation, as China remains keen to pursue balanced and accelerated investment partnerships.

President Jacob Zuma has arrived in Guangzhou, Guangdong province, in China, for the 2nd investing in Africa Forum, the presidency said on Monday.

 

Presidency spokesperson Bongani Ngqulunga said this year’s discussions would focus on agriculture and agribusiness, infrastructure development, manufacturing, trade, tourism, renewable energy, vocational training and skills development.

On August 29, Guangdong province signed a memorandum of understanding with KwaZulu-Natal to promote co-operation in tourism, agriculture, sports, education, and cultural exchanges.

Zuma was being accompanied by Ministers of International Relations Maite Nkoana-Mashabane and Trade and Industry Rob Davis, and Deputy Transport Minister Sindisiwe Chikunga.

Zuma would use the forum to promote South Africa as a stable democracy and an attractive investment destination. It would be held on Wednesday and Thursday.

It was initiated by the China Development Bank, with support from the Chinese government, in 2015 to allow leaders of business, government, and international organisations to discuss investment in Africa.

BLKT - Black Tax banner

Check Also

SF International League Partner South Africa 顺丰国际南非 blk

China Express launched in South Africa

South Africa courier service China Express has launched its China Express in JHB South Africa. …

Leave a Reply

Your email address will not be published. Required fields are marked *