Deputy Minister of international relations visits African American Chamber of Commerce
THE SOUTH Africa Deputy Minister of International Relations, Ebrahim Ismail Ebrahim, visited the San Francisco African American Chamber of Commerce to talk to potential investors about ways South Africa and the African continent are flourishing with democratic and technological breakthroughs. Africa is no longer a region of chaos and poverty to be propped up with aid while its mineral resources are extracted and shipped abroad to create wealth elsewhere. Accompanying Ebrahim were Johan Klopper, Consul Political, Southern African Consulate General and Deputy Minister Ebrahim Kahn, Head of the Western Cape Investment and Trade Promotion Agency.
The minister stated that a growing middle class along with the expansion of intra-regional trade that is enabling the continent to become one open market rather than many small disconnected markets are key to the future. With a Gross Domestic Product (GDP) of nearly $400 billion and mineral wealth valued at $2.5 trillion, South Africa accounts for a quarter of the region’s output with an advanced physical, financial and legal infrastructure. Between 2012 and 2015, seven of the 10 fastest growing economies will be in Africa.
The minister also discussed BRIC(Brazil, Russia, India and China) as four of the leading world markets. President of the African American Chamber, Fred Jordan, along with colleagues, Dr. Caesar Churchwell and Myles Stevens, stated their interest in infrastructure development within South Africa.