On September 9, the AU was made a permanent member of the Group of 20 (G20). SA is an original member of the group, though its influence has not been effective in achieving the country’s and the continent’s objectives. Africa’s membership will enable SA to bundle its objectives with the rest of the continent. In this way, the urgency of African challenges will be appreciated and addressed.
JOHANNESBURG (AP) — South Africa will host a meeting in November of nations participating in the U.S. Africa Growth and Opportunity Act despite earlier calls to exclude the country from the forum due to its ties to Russia and the docking of a sanctioned Russian vessel near Cape Town last year.
Today, the United States Government, through the U.S. Agency for International Development-funded West Africa Trade & Investment Hub (“Trade Hub”) hosted a workshop on “Leveraging Private Sector Engagement to Promote Sustainable Impact”. The two-day event highlights the Trade Hub’s efforts to expand trade and investment opportunities and improve livelihoods and communities in West Africa.
United States and Africa: increased engagement regarding trade creating opportunities in the African free trade area. It was also announced at the Summit that US intended to invest USD 55 billion in Africa over the next three years.
The National Association of Automobile Manufacturers of South Africa (Naamsa) says that it is vital that South Africa remain an eligible participant in the African Growth and Opportunity Act (AGOA) – with billions of rands in exports and thousands of future jobs on the line.