South Africa – On Monday, President Cyril Ramaphosa said that Africa as a continent is open for business and “it is the best next thing for the world”.
Ramaphosa has stated this at the opening ceremony of the International Telecommunication Union (ITU)Telecom world conference at Durban’s Albert Luthuli Convention Centre.
The country was represented by Communications Minister Nomvula Mokonyane, Minister of Telecommunications and Postal Services Siyabonga Cwele, acting premier of KZN Sihle Zikalala, senior government officials and CEOs and captains of industry.
Ramaphosa said: “This is the most important sector of various economies around the world… the telecommunications sector. We as Africans feel proud and honoured that ITU has chosen to come to Africa and KZN to host this event. ITU provides a guide and compass for the future, to navigate this new bright and brave world that many countries are traversing to understand the meaning of the new technology. The deliberations taking place here will concern the economy and society that we are building for tomorrow.
“The digital revolution must respond to the needs of the developing worlds and its economies. It must enhance the growth of economies and contribute to overcoming some of the challenges the world is facing including unemployment, poverty and inequality.
“We must solve some of the world’s greatest technology challenges. These decisions will determine if the fourth industrial revolution will change people’s lives or become the threat that so many people currently fear.”