The Eastern Cape is embarking on a drive to position itself as a preferred investment destination on the African Continent. The province wants to accelerate its exports as it aims to grow the economy.
It is hosting a symposium in East London for trade emissaries from a number of African countries and also the European Union. Increasing trade with other African countries is high on the agenda as Intra-African trade constitutes only 16% of total trade in Africa.
The Eastern Cape Development Corporation sees this as a huge untapped market.
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