South African President Jacob Zuma with a delegation of South Africans will host the World Economic Forum (WEF) in Africa next week in Durban, according to local media reports.
“South Africa is honoured to host this illustrious gathering of global leaders and we look forward to sharing our insights and homegrown successes with the rest of the continent and the world,” said Zuma.
The meeting will host representatives of global business, civil society and government to discuss how Africa can achieve inclusive economic growth.
“As a host country, we look forward to meaningful dialogue and innovative ideas from stakeholders on accelerating partnerships and boosting regional integration for Africa’s inclusive and sustainable growth,” he said.
President Zuma has said that the meeting has come to South Africa at the right time.
“As a developing constitutional democracy that is defined by triple challenge of inequality, poverty and unemployment, South Africa believes that radical economic transformation is imperative to accelerating inclusive growth and eradicating these long standing challenges. Our international partners and investors appreciate this historical need as they know it is key to long term sustainable development for the South African economy,” said Zuma.
Zuma further added that the summit will provide an opportunity for South Africa to further deepen the country’s relations with sister nations on the continent since a number of heads of states, government, ministers and influential decision makers will be attending.
“The summit will bring together a number of heads of states, government, ministers and influential decision makers from all over the world. We look forward to hosting them,” he said.