With #MiningIndaba trending on Twitter, the first full day of the 20th Investing in African Mining Indaba in Cape Town focused on transparency in the industry, and on the scramble for Africa's resources – the continent accounts for 30% of mining resources in the world, much of it untapped.
South Africa has the capacity to stimulate economic growth by enhancing infrastructure development both at home and in the rest of Africa, through its National Infrastructure Plan, writes Brand South Africa deputy chairperson Happy Ntshingila.
South Africa is actively involved in the economic integration and development of Africa, building much-needed regional infrastructure, promoting the continent's interests on the global stage, and forming partnerships and free trade agreements with other African countries.
African trade efficiency is set for a major boost when three regional economic communities sign an agreement in June to establish an enlarged free trade area encompassing 26 countries – roughly half of the member states of the African Union, stretching from Cape to Cairo.
More than 300 stakeholders in the global creative economy are in Cape Town to thrash out how to unlock Africa's creative industries' possibilities, to propel the continent into the world economy's emerging high-growth sectors. The universal feeling is that it's a continent packed with potential.