Economie

Inga III: South Africa to Fast-Track Continental Infrastructure Projects

South Africa will fast-track four continent-wide infrastructure projects in which it’s involved, including a $14 billion dam on the Congo River, President Cyril Ramaphosa said as the country assumed the chair of the African Union in Addis Ababa.
* The country will drive the Inga III power project alongside
the Democratic Republic of Congo, Namibia, Botswana and Angola;
road and rail infrastructure along the Beitbridge Border Post,
which connects it to neighboring Zimbabwe and phase II of the
Lesotho Highlands Water Project, which will increase its supply
of water and generate electricity for Lesotho. South Africa will
also establish itself as a continental hub for manufacture and
supply of rail stock.
* Ramaphosa also offered to host an international financing
investment conference for AU priority projects in South Africa.
BN/LPC

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