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You are here: Home / Archives for Cape Town

Cape Town

12 December 2024

Cape Town Welcomes the Exceptional as Radisson Collection Makes Its South African Debut

Location: Business
Radisson Hotel Group

Radisson Hotel Group (www.RadissonHotels.com) proudly announces the opening of Radisson Collection Hotel, Waterfront Cape Town (https://apo-opa.co/3ZPodhO), marking the South African debut of its luxury lifestyle brand, Radisson Collection. Poised on Cape Town's iconic Atlantic coastline, the meticulously refurbished hotel embodies a harmonious blend of modern sophistication, local heritage, and the tranquil energy of its breathtaking surroundings.

The hotel's design takes inspiration from the dramatic meeting of land and sea, capturing the powerful yet calming essence of the Atlantic Ocean and the rugged beauty of Table Mountain. Natural materials like timber, brass, and stone echo South Africa's raw yet refined landscapes. A color palette of oceanic blues, sandy neutrals, and earthy tones complements intricate patterns, that nod to the region's Kaapse Fynbos, vibrant fauna, and renowned Winelands.

African craftsmanship is woven seamlessly into the interiors, with locally sourced materials and bespoke art installations reflecting Cape Town's rich cultural tapestry. A dedicated bespoke art gallery features curated pieces showcasing local fashion and architecture, adding a contemporary yet authentic touch to the hotel's elegant public spaces.

"We are delighted to introduce the Radisson Collection brand to South Africa with this remarkable property in Cape Town, a city renowned for its natural beauty, history, and cultural vibrancy. By transforming the Radisson Blu Hotel Waterfront, Cape Town through an extensive refurbishment, we've elevated this beloved landmark into a true destination that captures the very essence of Cape Town. Guests can now immerse themselves in the city's charm from the perfect vantage point, enjoying unmatched luxury and comfort," said Tim Cordon, Chief Operating Officer, Middle East, Africa, and South East Asia Pacific at Radisson Hotel Group.

The hotel offers 175 rooms and suites, each designed to provide both comfort and sophistication. Floor-to-ceiling windows and private balconies invite guests to revel in sweeping views of the Atlantic Ocean or the marina. Thoughtful design ensures an intuitive flow of spaces, blending plush furnishings with bespoke amenities for an elevated guest experience. The gentle soundscape of ocean waves, layered natural lighting, and contemporary luxury touchpoints—like metallic accents juxtaposed with organic weaves—underscore the hotel's mission to balance urban vibrancy with coastal tranquility.

Dining at the Radisson Collection Hotel, Waterfront Cape Town is a celebration of local and international flavors. The renowned Tobago's Restaurant, Bar, and Terrace offers an extensive menu crafted from the freshest ingredients, complemented by unmatched ocean views. A refurbishment of the iconic Tobago Restaurant and Terrace is slated for July 2025, promising an even more elevated dining experience. The newly introduced Waveside Café, located in the west atrium, provides a luxurious deli and café experience, featuring light meals and bespoke Radisson Collection items for guests to enjoy or take home.

The hotel is also home to a variety of flexible event spaces, making it an ideal venue for both business functions and celebrations. With three event rooms that can be combined to accommodate up to 350 guests and an intimate boardroom for smaller gatherings, Radisson Collection Hotel, Waterfront Cape Town provides a versatile space complemented by marina views and dedicated boardwalk access.

“Our team is thrilled to welcome both our cherished loyal guests and new visitors to this extraordinary Cape Town destination. With every detail thoughtfully curated, from our luxurious rooms to our world-class dining and rejuvenating wellness experience, we are committed to offering an elevated experience that surpasses expectations,” said Clinton Thom, General Manager of Radisson Collection Hotel, Waterfront Cape Town.

For relaxation and rejuvenation, the hotel boasts an infinity pool overlooking the ocean, a fully equipped 24-hour fitness center, and the Amani Spa and Wellness Center, offering tranquil treatments in a serene setting.

The opening of Radisson Collection Hotel, Waterfront Cape Town underscores Radisson Hotel Group's dedication to delivering unparalleled luxury and immersive experiences in South Africa. By blending contemporary elegance with authentic local culture, the hotel sets a new standard for luxury hospitality on the continent.

For more information or to book, click here: https://apo-opa.co/3ZPodhO.

Distributed by APO Group on behalf of Radisson Hotel Group.

Media Contact:
Saadiyah Hendricks
,
Area Director,
PR & Social Media, Middle East, Africa, Mediterranean and South East Asia Pacific,
Radisson Hotel Group
saadiyah.hendricks@radissonhotels.com

Nataliya Tkachenko,
Senior Global Consumer PR Manager,
Radisson Hotel Group
nataliya.tkachenko@radissonhotels.com

Connect with Radisson Hotels on:
LinkedIn: http://apo-opa.co/3BeKhZP
Instagram: http://apo-opa.co/3Dfrn5G
X: http://apo-opa.co/3ZOt9Dl
Facebook: http://apo-opa.co/49DeePJ
YouTube: http://apo-opa.co/49yc83z
TikTok: http://apo-opa.co/3ZN05MF

Connect with Radisson Collection on:
LinkedIn: http://apo-opa.co/49ACguX  
Instagram: http://apo-opa.co/3Da3a0q
X: http://apo-opa.co/3ZOt9Dl
Facebook: http://apo-opa.co/4gpZZAF
YouTube: http://apo-opa.co/49yc83z
TikTok: http://apo-opa.co/3ZN05MF 

Radisson Hotel Group:
Radisson Hotel Group is an international hotel group, operating in EMEA and APAC with over 1,430 hotels in operation and under development in +95 countries. The international hotel group is rapidly expanding with a plan to significantly grow the portfolio. The Group's overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos.

The Radisson family of brands portfolio includes Radisson Collection, art'otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and Prize by Radisson brought together under one commercial umbrella brand Radisson Hotels.

Radisson Rewards (https://apo-opa.co/3ZPUmG3) is Radisson Hotel Group's loyalty program, which delivers an elevated experience that makes Every Moment Matter, counting more than 17 million members. As the most streamlined program in the sector, members enjoy exceptional advantages and can access their benefits from day one across a wide range of hotels in Europe, Middle East, Africa, and Asia Pacific.

Radisson Meetings (https://apo-opa.co/4g8eVTO) provides tailored solutions for any event or meeting, including hybrid solutions placing guests and their needs at the heart of its offer. Radisson Meetings is built around three strong service commitments: Personal, Professional and Memorable, while delivering on the brilliant basics and being uniquely Carbon Compensated.

At Radisson Hotel Group we care for people, communities and planet (https://apo-opa.co/49yc8AB) and aim to be Net Zero by 2050 based on the approved near-term Science Based Targets. With unique solutions such as carbon compensated Radisson Meetings, we make sustainable hotel stays easy. To facilitate sustainable travel choices, all our hotels are becoming verified on Hotel Sustainability Basics.

The health and safety of guests and team members remain a top priority for Radisson Hotel Group. All properties across the Group's portfolio are subject to health and safety requirements, ensuring we always care for our guests and team members.

For more information, visit our corporate website (www.RadissonHotels.com/corporate).

About Radisson Collection:
Radisson Collection is a luxury lifestyle collection of iconic properties located in unique locations. While the character of each Radisson Collection hotel feels authentic to its location, all of them offer the ultimate template for contemporary living – united by bespoke design and exceptional experiences across dining, fitness, wellness and sustainability. Designed for guests and locals alike, each Radisson Collection hotel is defined by the guests who visit them. Guests and professional business partners can enhance their experience with Radisson Collection by participating in Radisson Rewards, an international loyalty program offering exceptional benefits and rewards.

Radisson Collection is part of the Radisson family of brands, which also includes art'otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and Prize by Radisson brought together under one commercial umbrella brand Radisson Hotels.

For reservations and more information, visit our website (www.RadissonHotels.com/Collection). 

Media files
Radisson Hotel Group
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Read moreCape Town Welcomes the Exceptional as Radisson Collection Makes Its South African Debut
12 December 2024

Squad Announced For ODI Series Against Pakistan

Location: Sport

JOHANNESBURG: White-ball head coach Rob Walter has today announced a strong 15-player squad for the upcoming three-match One-Day International (ODI)...

Read moreSquad Announced For ODI Series Against Pakistan
12 December 2024

Hermann, Bowlers Give SA Invitational XI Big Advantage

Location: Sport

CAPE TOWN: Jordan Hermann recorded a scintillating unbeaten century as a SA Invitational XI dominated the second day of their four-day...

Read moreHermann, Bowlers Give SA Invitational XI Big Advantage
12 December 2024

Stringent Traffic Law Passed by President Ramaphosa

Location: News

Western Cape Provincial Minister of Mobility, Isaac Sileku welcomes President Cyril Ramaphosa’s signing the National Road Traffic Amendment Bill, marking a significant milestone in enhancing road safety initiatives. “This legislation is a crucial step towards reducing road accidents and fatalities on our roads,” said Minister Sileku. The amendments provide for a more comprehensive approach to …

Read moreStringent Traffic Law Passed by President Ramaphosa
12 December 2024

PRASA Finally Signs Rail Deal with City of Cape Town

Location: News

The Service Level Plan gives the City oversight over annual performance plans, station revitalisation, and the introduction of more train sets

Read morePRASA Finally Signs Rail Deal with City of Cape Town
11 December 2024

Atlanta Mayor Andre Dickens Strengthens u.s. – SA Ties During Groundbreaking Official Visit

Location: Business

U.S. Embassy & Consulates in South Africa
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Atlanta Mayor Andre Dickens concluded a landmark official visit to South Africa, accompanied by a delegation of 35 Atlantan political, business, and community leaders.  The December 4-11 visit marked a significant milestone in Atlanta Phambili—a subnational diplomacy initiative centered on deepening U.S.-South Africa partnership through the City of Atlanta– and reaffirmed the shared commitment to advancing economic, cultural, and educational collaboration between the two nations.

“This trip was a celebration of the enduring bonds between Atlanta and South Africa, built on shared histories and common goals,” said Mayor Dickens.  “Atlanta Phambili embodies our joint vision for progress and collaboration, creating opportunities for both our citizens and economies.”

The visit followed the launch of Atlanta Phambili in March 2024 with a trade and investment roadshow hosted in Atlanta, featuring senior South African business executives and government officials.

South Africa and Atlanta United in Progress

The South African government, in partnership with Standard Bank, BrandSA, Amazon, and the American Chamber of Commerce in South Africa, hosted a robust program focused on trade and investment, science and innovation, and the creative economy.  This was led by the Department of International Relations and Cooperation (DIRCO), the Department of Trade, Industry, and Competition (DTIC), the Department of Sports, Arts and Culture (DSAC), the Department of Science and Innovation (DSI), the Gauteng and Western Cape provincial governments, and the cities of Johannesburg and Cape Town.

“The South African government's partnership on the Atlanta Phambili initiative is a testament to the strength of our bilateral ties and the shared potential of our cities to drive innovation, inclusion, and prosperity,” said U.S. Ambassador to South Africa Reuben Brigety, II.

Visit Milestones

Atlanta Phambili Pledge

The visit kicked off with the unveiling of the Atlanta Phambili Pledge on December 5 at the Standard Bank Trade and Investment Seminar in Johannesburg.  This open call to action seeks to mobilize stakeholders across both nations to deepen collaboration in trade, investment, and entrepreneurship.  The pledge reflects Atlanta's and South Africa's shared commitment to fostering inclusive economic growth and creating opportunities for small and medium-sized enterprises (SMEs).

Go Global Trade Expo: Strengthening Black-Owned Business Connections
On December 5, Ambassador Brigety announced a collaboration between the U.S. Agency for International Development (USAID) and the Atlanta Black Chambers to support the Chambers' Go Global Trade Expo.  The program will bring a delegation of Black-owned South African businesses to Atlanta in 2025, connecting them with the Chamber's extensive network and U.S. buyers.

Through this agreement, export-ready businesses will build connections with Atlanta-based platforms to foster trade and investment between South Africa and the United States.

FAME Week Africa 2025: Atlanta Announced as the Feature Destination
On December 9 in Cape Town, Mayor Dickens announced Atlanta will be the Feature Destination for FAME Week Africa 2025, the continent's premier gathering for professionals in film, television, music, fashion, and animation.  This recognition highlights Atlanta's emergence as a global creative hub and its strong historic and Diaspora ties to Africa.

“Atlanta being recognized as the Feature Destination for FAME Week 2025 is an excellent fit,” said Mayor Dickens.  “Our city is uniquely poised to satisfy the growing demand in the United States for African content and support production innovations.”

This honor also grants Atlanta a dedicated pavilion and events at FAME Week 2025, scheduled to take place in Cape Town from September 1-6, 2025.

Business-to-Business Engagements in Johannesburg and Cape Town

  • Standard Bank Trade and Investment Seminar:  This December 5 event convened leading South African and Atlanta-based companies, government officials, and entrepreneurs to explore opportunities for investment and trade.
  • Wesgro Business Briefing: In Cape Town on December 9, the official tourism, trade and investment promotion agency for Cape Town and the Western Cape, Wesgro, hosted a vibrant networking event where Atlanta delegates met with South African exporters and investors, fostering connections that will drive future partnerships.

Empowering Entrepreneurs and Celebrating Culture

  • A tour of the Mamelodi Business Hub on December 6 showcased collaboration with Georgia State University students supporting township entrepreneurs.
  • Discussions with South African leaders and creatives at Freedom Park on December 6 emphasized the shared cultural and historical connections between South Africa and Atlanta.
  • Visits to Amazon's African headquarters and The Wine Arc on December 9 and 10, respectively, highlighted e-commerce opportunities and Black-owned wine brands breaking into international markets.
  • A tour of Nike's Shapa Center in Soweto on December 4 modeled how private investments in sports support community growth and development.

Strengthening Historic Ties

Atlanta Phambili builds on a historic relationship between South Africa and Atlanta, from collaboration between U.S. civil rights activists and members of the South African anti-Apartheid movement to Nelson Mandela's historic 1990 speech at Georgia Tech.  This trip further cements Atlanta as a gateway for South African businesses to access U.S. markets and strengthens South Africa's position as a premier investment destination for Atlanta's private sector.

“Our visit reflects a robust partnership that will continue to grow as we move forward together,” said Mayor Dickens. “The commitment of the South African government and its people has been vital in shaping this initiative.  I look forward to building on these foundations for years to come.”

Ambassador Brigety added “From trade and investment to culture, sports, and education, Atlanta and South Africa are charting a future defined by innovation, inclusion, and opportunity.  The future economic partnership between Atlanta and South Africa is built to last and poised for growth.”

A Shared Vision for the Future

The U.S. Embassy in South Africa and the City of Atlanta extend their gratitude to the South African government and all participating partners for making this visit a success.  Together, Atlanta and South Africa are moving forward—Phambili—toward an even brighter, shared future.

Distributed by APO Group on behalf of U.S. Embassy & Consulates in South Africa.

Read moreAtlanta Mayor Andre Dickens Strengthens u.s. – SA Ties During Groundbreaking Official Visit
11 December 2024

Turning Cape Town’s Vacant Land Into Indigenous Gardens

Location: News

German-South African collaboration is “greening” urban spaces

Read moreTurning Cape Town’s Vacant Land Into Indigenous Gardens
11 December 2024

Big investment needed to drive sustainable development

Location: News

Big investment needed to drive sustainable development

National Treasury Director-General (DG), Dr Duncan Pieterse, has called for large scale and sustainable investments to ensure the global community meets its commitments to end poverty, protect the planet and build prosperous societies.

“Financing gaps for sustainable development are large and growing. The estimates by our international organisations indicate that around $4 trillion in additional investments is needed annually for developing countries,” Pieterse said on Wednesday in Johannesburg.

He was speaking during the two-day Group of Twenty (G20) Joint Sherpa and Finance Track meeting.

According to the United Nations (UN), the world may miss many of the Sustainable Development Goals (SDGs) targets by 2030 due to the delay in development progress, which may even be reversed under the combined weight of climate disasters, conflict, economic downturn and the lingering aftermath of the COVID-19 pandemic.

The Sustainable Development Goals are a universal call to action to end poverty, protect the planet and improve the lives and prospects of everyone, everywhere. 

“To achieve the SDGs by the 2030 deadline, an urgent large scale and sustainable investments push is needed,” Pieterse said.

The DG said South Africa’s G20 Presidency will strongly focus on the challenges facing emerging markets and developing countries, especially those on the African continent.

“We will also focus our attention on policies and mechanisms that support sustainable development. Many developing countries, including those in Africa experience growth that is insufficient to reduce poverty, as well as tough financing conditions and high levels of public debt that crowd out resources or development spending

“During our Presidency, there will be a very strong focus on enhancing debt sustainability through a comprehensive approach, which will include... finding ways to improve debt structuring, supporting countries with liquidity challenges and encouraging the development of local currency markets to attract domestic savings and improve debt transparency,” Pieterse said.

South Africa will also continue to obtain borrower country perspectives on debt, including through an African outreach event, with broad participation of the borrower countries.

On 1 December 2024, South Africa assumed the Presidency of the G20 group of countries, which comprises many of the world's largest developing and developed economies.

“The global economy has been put to the test over the last four years, marked by an unprecedented pandemic, escalation in geopolitical conflict and extreme weather events that have disrupted supply chains. 

“The latest assessment by the International Monetary Fund that global growth is expected to remain stable, yet underwhelming, remains a concern. Higher growth is essential to improve prosperity and living standards to reduce debt, and create policy space to tackle our spending pressures,” Pieterse said.

In 2025, South Africa’s G20 Presidency will focus on strengthening macroeconomic fundamentals, accelerating climate transition and boosting productivity growth.

This week's discussion under the South Africa G20 Presidency takes place ahead of two very important events -- the 5th Finance in Common Summit (FiCS), taking place in Cape Town in February 2025, and the Fourth International Conference on Financing for Development (FfD), which will take place in Spain in June 2025.

“We see these events as very important opportunities to strengthen the development finance ecosystem, scale up and redirect financing to meet our global sustainable challenges, and bring impactful changes in relation to climate and biodiversity needs.

“As we prepare to submit our Nationally Determined Contribution (NDC) in 2025, it is clear that our very ambitious climate action goals cannot be achieved without unlocking a similarly ambitious set of climate instruments.

“The G20 must continue to play a leading role to address the critical issues of our age, so that we can achieve both global sustainable development and development that is inclusive, equitable and leaves no one behind,” Pieterse said.

South Africa's G20 Presidency is the fourth consecutive emerging market Presidency, and it is also the first African Presidency, followed by the admission of the African Union (AU) as the second permanent African member. 

The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade. 

The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.

The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability. - SAnews.gov.za

nosihle
Wed, 12/11/2024 - 11:19

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Read moreBig investment needed to drive sustainable development
11 December 2024

Clanwilliam: Body of a Teenager Recovered

Location: News

At 12h36, Tuesday, 10 December, NSRI EOC (Emergency Operations Centre) were alerted by Police reporting a local 17 year old male suspected to be missing in the water at Clanwilliam Dam. The SA Police Services, WC Government Health EMS and NSRI volunteer lifeguards, were searching for the teenager, one of three NSRI volunteer lifeguards conducting …

Read moreClanwilliam: Body of a Teenager Recovered
11 December 2024

Strand: Suspected Fatal Drowning

Location: News

Ryan Holmes, NSRI Gordons Bay station commander, said: At 09h01, Tuesday, 10 December, NSRI Gordons Bay duty crew and the CoCT (City of Cape Town) water rescue network were activated following reports of a drowning in progress at Strand Beach. Reports were received that a local man, appearing to be in difficulty in the surf …

Read moreStrand: Suspected Fatal Drowning
10 December 2024

Reading Is Kwaai: High School Teacher Starts Mobile Library for Learners

Location: News

Nigel Mortley takes books to Cape Town schools that do not have libraries

Read moreReading Is Kwaai: High School Teacher Starts Mobile Library for Learners
10 December 2024

133 More Traffic Officers Hit the Road

Location: News

Today, the Western Cape Government proudly hosted the graduation ceremony for 133 Traffic Officers at the Gene Louw Traffic College in Brackenfell, Cape Town. This marks the culmination of a rigorous 12-month training program aimed at equipping recruits with the skills and knowledge required to enforce traffic laws, manage incidents, and ensure road safety across …

Read more133 More Traffic Officers Hit the Road
10 December 2024

VC4A Connects Funders of Africa’s Startup Success at Africa Early Stage Investor Summit (AESIS2024)

Location: News
VC4A

Over 300 Africa-focused delegates converged at the 11th edition of the Africa Early Stage Investor Summit, and filled up the room for the AESIS Deal Morning ready to engage with Africa's most promising founders. Next to another 15 highly promising startups, VC4A (www.VC4A.com) hosted eight female entrepreneurs from IFC's She Wins Africa program, who took the AESIS2024 stage to pitch their solutions after completing an intensive technical residency in Cape Town. The energy was palpable, reflecting the increasing investor appetite for ventures that not only deliver commercial success but also drive meaningful impact across the continent.

In the opening remarks of AESIS - which took place from the 28th to the 29th of November with the theme “Pioneering Pathways: Innovating Investment Mobilization in Africa” - VC4A CEO Vincent Hoogduijn set the tone for the two-day event. “Why does VC4A organize AESIS every year? The answer is simple - we are here to unite the African early stage investment ecosystem".

The conversations, panels, pitches and ‘investor experiences' resonated deeply with the theme, as a strong call for collaboration not only within the investor community but also from hubs and accelerators, angel groups and venture studios as well as entrepreneurs themselves.

Summing up what was a momentous event, here are the key highlights:

Day 1:

  1. Deep Dive Sessions: The discussions focused on the shifting dynamics of the African ecosystem, particularly around capital market policies, collaborations, and pipeline building. A key takeaway was the need for cross-border collaborations and the role of tech-driven platforms in streamlining the investment process. As Fridah Ntarangwi of Zidi Circle highlighted in the Collaborations and Partnerships panel, "Having functional tech-driven platforms to simplify the investment process, powered by AI and blockchain technology, is key for the ecosystem."
  2. Investor Experiences: An exclusive series of partner-hosted events to close Day 1 of AESIS2024, provided unique and casual style networking opportunities, to promote connections between investors, entrepreneurs, and leaders of industry. Partners include IFC, GIZ-SAIS, FMO Ventures, Lofty Inc Capital, TLCom Capital, Crypto Asset Investment Fund (CAIF), Digital Africa, ENZA Capital, Disraptors and Breega. The relaxed atmosphere facilitated meaningful conversations, affording the opportunity for long-term partnerships and friendships to be built.

Day 2:

  1. Deal Morning: 23 promising portfolio companies (https://apo-opa.co/3ZLzcIY) from 6 organizations - DEG Impulse: develoPPP Ventures, Digital Africa: Fuzé, Ennovate Ventures: TheNextFund, IFC: She Wins Africa, Open Startup and GIZ: SAIS program, pitched their innovative solutions to an audience of investors. The high caliber of startups and the strategic insights shared by the judges created a launchpad moment for the future of the African startup ecosystem, showcasing innovative and impactful solutions to real problems
  2. The Partner Series: Keeping momentum of the power-packed first day, the partner series held segments on Capital Mobilization, Gender Lens and Impact. Taking an apt quote from closing remarks by Thomas van Halen, Director of Investor Services at VC4A “The evolution of the African startup ecosystem reflects the growing maturity of the market, but also highlights the need for innovative and flexible exit mechanisms to meet the diverse needs of founders, investors, and funds.”

Inspiring quotes from AESIS2024

“Entrepreneurs are the architects of Africa's success” said Phuti Mahanyele-Dabengwa, the South Africa CEO, Naspers, and the AESIS2024 Guest of Honour who delivered the moving keynote on Day 1.

Anne Kabugi, Regional Gender Lead at IFC, opening the Venture Showcase - She Wins Africa pitches, tasked the delegates with a question, a food for thought: "What if I told you that Africa's food crisis is going to be solved by women?”

Nicola Tyler of The Thinking Company delivered a welcome on Day 2's Deal Morning, charging the audience with a stand out statement: “Africa is not the biggest problem in the world, it is the biggest opportunity”.

Kenza Lahlou of Outlierz Ventures shared on the Global Development Funding Panel “The role of DFIs is not to be there forever but to provide the investments that work and exit.”

Closing out at the inaugural Awards Ceremony of the Africa Early Stage Investor Summit, Tomi Davies received a ‘Lifetime Achievement Award' for his decades of commitment to promote angel investing in Africa. He delivered a moving speech with all ears listening raptly as he concluded ”Africa's youth population is the best source to build Africa's infrastructure.”

In a statement that perfectly sums up the experience of co-hosting this edition: “AESIS2024 once again pointed out that collaboration is a must,” said Vincent Hoogduijn. “It's been a tough year and we all need to work together to overcome the challenges ahead. Persistence, resilience and adaptability will be key ingredients to see the ecosystem thrive - go fast alone, go far together”

VC4A is grateful for the opportunity to serve the ecosystem as a platform to connect, inspire, and empower. Looking ahead, the collective efforts of investors, entrepreneurs, and policymakers will be essential to unlocking Africa's full potential and driving its economic growth. VC4A's commitment is to continue to unite Africa's startup ecosystems. Together with co-hosts ABAN, VC4A looks forward to reconnecting with old and new friends at AESIS2025 next year.

Distributed by APO Group on behalf of VC4A.

Media enquiries:
Boye Abiodun-Adepoju,
boyewa@vc4a.com 

About AESIS:
The Africa Early Stage Investor Summit (AESIS) is a collaborative venture between VC4A and ABAN, dedicated to advancing innovation and growth in Africa's investment ecosystem. Celebrating its 11th anniversary, AESIS2024 brought together investors, industry leaders, and influencers with the aim of accelerating early-stage investing across Africa. Visit https://AfricaInvestorSummit.com for more information.

About ABAN:
ABAN is the largest pan-African organization of Angel investors in Africa. Established in 2015, ABAN represents the growing number of business angel groups in the African early-stage ecosystems' future, providing vital human and financial capital to African startup companies creating jobs across the continent. Today, ABAN is a 75-member network in 37 African countries and the Diaspora representing over 5,000 angel investors. Visit the ABAN website (http://apo-opa.co/4gtDRVk) for more information.

About VC4A:
VC4A is an ecosystem builder that leverages its infrastructure, network, and expertise for the programs that contribute to the startup movement in emerging markets. Since 2007, the organization has designed, structured, and implemented successful entrepreneurship programs in exciting regions. VC4A runs an online platform featuring a database of startups in Africa and Latin America, connecting entrepreneurs to resources, networks, and funding. Visit the global website at https://VC4A.com/ for more information.

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Read moreVC4A Connects Funders of Africa’s Startup Success at Africa Early Stage Investor Summit (AESIS2024)
9 December 2024

Twelve Years and Counting: Rail Theft Case to Continue After Court Victory for State

Location: News

Case involving top PRASA official and theft of 42km of railway line has stalled for at least 21 months

Read moreTwelve Years and Counting: Rail Theft Case to Continue After Court Victory for State
9 December 2024

Protest Opposite Holocaust and Genocide Centre in Cape Town: Call for Ceasefire in Gaza

Location: News

The picket marked the International Day of Commemoration and Dignity of the Victims of the Crime of Genocide

Read moreProtest Opposite Holocaust and Genocide Centre in Cape Town: Call for Ceasefire in Gaza
9 December 2024

South Africa’s progress in 2024 sets the stage for hope in the New Year

Location: News

South Africa’s progress in 2024 sets the stage for hope in the New Year

As the year draws to a close, President Cyril Ramaphosa has reflected on South Africa’s achievements and challenges, expressing optimism for the year ahead in his weekly newsletter.

This year marked three decades since the advent of democracy, with the country commemorating its progress in building a constitutional order rooted in freedom, equality and human rights. 

Among the highlights was South Africa’s seventh successful General Election, with 70 political parties contesting. The Electoral Commission was lauded for its efficient management of the polls, reflecting a maturing democracy.

“Our democracy has evolved and matured. We have a Government of National Unity comprising 10 political parties from across the political spectrum. They have agreed on three strategic priorities for this administration. The first strategic priority is to grow our economy and create jobs.

“The structural reforms initiated under the sixth administration are continuing to create conditions for our economy to grow and to create jobs,” the President said. 

Economic growth and energy stability

Efforts to grow the economy and create jobs have borne fruit, with over 250 days of uninterrupted power supply this year. This achievement was credited to improved maintenance by Eskom, increased renewable energy capacity, and widespread adoption of solar solutions. 

“The work of the National Energy Crisis Committee continues. It is working to get more power onto the grid, expand our electricity infrastructure, diversify the market for the benefit of consumers, and lay the groundwork for an energy-secure future,” the President said.

President Ramaphosa said the recovery of commuter and freight rail services also marked a turning point. Passenger rail saw a surge in usage, with 31 of 40 corridors operational and passenger numbers climbing to 40 million from 15 million in the previous year.

Ports in Durban and Cape Town also experienced operational improvements, further boosting economic activity.

“We are making progress in the recovery of freight rail and dealing with longstanding operational challenges in our ports. We are seeing improvements at the container terminals in Durban and Cape Town, as well as with infrastructure upgrades,” the President said. 

Tackling poverty and the cost of living

Turning to poverty and the cost of living, the President noted a significant drop in consumer inflation, bringing down prices of essential goods, including food and fuel.

While unemployment levels remain extremely high, the President said more South Africans are finding jobs.

Government continued to sustain a substantial social wage, dedicating 60% of the national budget to social grants, subsidized housing, free basic services, and no-fee schools.

“These are the measures that reduce poverty and directly improve people’s lives. In addition to the provision of grants to vulnerable groups and unemployed people, this social wage includes subsidised housing, free basic services, no-fee schools and school nutrition. Government has been able to sustain these measures, even as public finances are under severe pressure,” President Ramaphosa said. 

Strengthening State capacity

The President said the administration has worked to enhance government’s ability to deliver basic services, despite the challenges of poor governance and financial constraints in many municipalities.

“The third strategic priority of this administration is to strengthen the capacity of the State to deliver on its mandate. Our efforts to improve the capacity and capability of the state to deliver on basic services continue,” the President said. 

The President cited disruptions in the supply of electricity and clean water as a major problem in many municipalities. He added that many local councils are plagued by poor governance, limited capacity and severe financial constraints which affect service delivery. 

“These are the challenges we are grappling with. We have identified local government as a major focus in this administration. Through initiatives like the Presidential eThekwini Working Group, we are bringing all stakeholders together to solve local problems,” the President said. 

Challenges and Future Plans

While progress has been made, the President acknowledged persistent challenges.

Unemployment remains high, crime and violence are widespread, and service delivery disruptions are a major concern. However, he emphasised the importance of collaboration among government, business, labour, and civil society to address these issues.

“The progress we have made this past year and during the course of the previous administration shows that we can overcome the difficulties our country faces.

“As government, business, labour and civil society, we are able to achieve a great deal when work in unison to overcome our common challenges,” the President said. 

G20 Summit in 2025

Looking ahead, South Africa will host the G20 Summit in 2025, further positioning itself as a key player in addressing global challenges. 

The administration also plans to launch a National Dialogue to unite citizens in crafting a shared vision for the country.

“In the new year, we will embark on a National Dialogue that will draw together all South Africans in crafting a common vision for the country,” the President said. 

Concluding his message, the President expressed hope for 2025, vowing to build on the momentum of 2024. 

“Overcoming poverty and underdevelopment, creating more jobs, and addressing societal ills like gender-based violence, requires that we must all play our part, where we can.

"On many fronts, this year has been better than the last. We will build on these achievements in 2025. 

"Wherever you may be this festive season, I wish you well,” the President said. – SAnews.gov.za

DikelediM
Mon, 12/09/2024 - 11:24

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