Government has clarified that South Africa will host the World Economic Forum’s Special Davos Meeting in 2027, and not the World Economic Forum Africa Summit, as previously communicated.
“Government expresses its appreciation to the World Economic Forum (WEF) for selecting South Africa as the host of this gathering. South Africa stands ready and fully prepared to host a successful meeting in 2027 and to welcome delegates from across the world,” the Government Communication and Information System (GCIS) said on Monday.
This will be the first time that the WEF Spring Davos is hosted in South Africa.
These meetings are part of the WEF’s efforts to extend its global presence beyond Davos (Switzerland) and to provide high-level platforms for dialogue on economic development, sustainability and collaboration.
“Following the successful hosting of the recent Group of Twenty (G20) Summit, the decision affirms South Africa’s proven ability to convene high-level international engagements and manage complex global events in a safe, efficient and professional manner.
“The selection reflects growing confidence in South Africa’s institutional capacity, infrastructure readiness and commitment to constructive multilateral dialogue,” the GCIS said.
Hosting the WEF Spring Davos meeting is expected to support activity in the tourism and services sectors, including hospitality, transport, logistics and related services, while reinforcing South Africa’s position as a destination for high-level international engagement and business travel.
The meeting will also strengthen South Africa’s international profile as a platform for global investment, trade and economic cooperation.
“As a premier global platform that brings together Heads of State, business leaders, civil society and thought leaders, the Spring Davos Special Meeting will provide South Africa with a unique opportunity to contribute meaningfully to global economic discussions, while advancing priorities of inclusive growth, sustainable development and international cooperation,” the GCIS said. - SAnews.gov.za
