By: Nana Appiah Acquaye
The
South African government has welcomed the World Economic Forum’s decision to
select the country as host of the WEF Africa Summit in 2027, marking the return
of the prestigious continental gathering after more than seven years.
The
announcement follows South Africa’s recent hosting of the G20 Summit, with
government noting that the selection reaffirms the country’s proven capacity to
deliver large-scale and complex international events in a safe, efficient and
professional manner. Authorities say the decision reflects continued confidence
in South Africa’s institutional strength, infrastructure readiness and
commitment to multilateral engagement.
Hosting
the WEF Africa Summit is expected to deliver significant economic benefits,
particularly for the tourism sector, while supporting broader economic growth
and job creation. Opportunities are anticipated across hospitality, transport,
logistics and related value chains, alongside increased international
visibility for South Africa as a destination for investment and trade.
The
government also views the return of the Summit as a strategic opportunity to
advance continental cooperation, promote inclusive growth and showcase progress
on key economic and governance reforms. Officials say the event will further
position South Africa as a gateway to the African continent at a time of
renewed global interest in Africa’s development and investment potential.
Expressing
appreciation to the World Economic Forum for the selection, the government
affirmed that South Africa is fully prepared to host a successful WEF Africa
Summit in 2027 and to welcome delegates from across Africa and the
international community.