Ramaphosa to attend Financing African Economies summit in France

13th May 2021 By: Sane Dhlamini - Creamer Media Senior Contributing Editor and Researcher

Ramaphosa to attend Financing African Economies summit in France

President Cyril Ramaphosa

President Cyril Ramaphosa is expected to join other African leaders and heads of international financial institutions on a working visit to France from May 17 to 19.

He will take part in a Financing African Economies summit, convened by French President Emmanuel Macron.

The summit was organised on the back of the worldwide implications of the Covid-19 pandemic, but in particular, in light of the deep impact of a historic recession in sub-Saharan Africa and a weak projected recovery.

The summit will unpack the continent’s key strengths and prospects for growth with a recovery premised on a dynamic private sector and the fostering and expansion of entrepreneurship.

The recovery plan will also seek to accelerate the green and digital transition in line with the Sustainable Development Goals and the Paris Agreement on Climate Change.