“Due to the high dependence on external trade‚ productive and efficient ports are critical for Africa’s growth and to maintain the ‘Africa Rising’ narrative.
“To grow intra-Africa trade‚ we need to see many coastal Africa countries investing in their ports and connecting infrastructure to link with inland communities,” Zuma said.
Due to Africa’s underdeveloped manufacturing capacity‚ the region’s inclination to export raw materials and import finished goods had increased, the president said.
“To correct this anomaly‚ Africa needs to develop her manufacturing capabilities and achieve industrialisation.”
He said the conference was in line with SA’s foreign policy of contributing towards a prosperous continent through an increase in intra-Africa trade.
“The reality is that the movement of goods‚ services and means of production within the continent is hindered by the lack of sufficient infrastructure.
“I am leading efforts through the Presidential Infrastructure Champion Initiative to ensure that there is economic connectivity in our continent.”
Written by Bongani Mthethwa for business today on 6/12/17, edited by Amy Smith (NIAS)