Ramaphosa Says Africa On The Cusp Of A New Era, But Must Start Producing Own Goods

Riyaz Patel

Every (African) election that passes peacefully is another step towards the attainment of a continent at peace with itself; and challenges the notion that Africa is unstable and a risky place to invest, President Cyril Ramaphosa has said.

In his opening address at the second Africa Investment Forum, in Johannesburg Monday, Ramaphosa told delegates Africa has come into its own, pursuing growth and development and charting its own course.

He pointed to the Accra Skytrain, the Kigali Innovation City – the first road-rail bridge project linking Kinshasa and Brazzaville – and the $320 million African Infrastructure Investment Fund, as indicators of the “breadth of investment opportunities that exist in Africa.”

But, he said, local manufacturing needed to be bolstered by an investment pipeline.

Ramaphosa said much of the economic progress over the last few