The summit aims to advance a responsive trade and investment agenda.
Phase 1 represents an investment of US$40 million that will increase capacity.
The financing deal will enable the firm to buy new furnaces and relocate its rim alloy casting line.
The event attracted interest in over 200 projects across eight sectors, including the green economy, agri-business and manufacturing.
The aim is to promote exports, strengthen industrial linkages and position firms within regional value chains.
The Bill aims to establish OSBPs through international agreements to provide for common control zones in the Southern African Customs Union.
Skilled financial professionals play pivotal role in shaping Africa’s future.
The final phase of the concessionaire selection is expected to conclude in the fourth quarter of 2026.
The agreements will be founded on mutual prosperity, with increased trade and investment flowing both ways.
The pledges include expansions in industrial and commercial property, agro-processing and advanced manufacturing.
The company produces medium-voltage power cables and a range of optical fibre cables.
KZN Premier Thami Ntuli highlighted the urgency of building the line to connect the country’s major industrial hubs.
