South African (SA) business leaders are pushing for more investment in Africa at the Business Twenty Summit in Washington (B20 USA Summit 2026), even as Pretoria remains excluded from official United States (US)-hosted G20 meetings.
Standard Bank and the US Chamber of Commerce Africa Business Centre are co-hosting talks on how to bring down the cost of borrowing and financing projects across the continent.
The event confronts one of Africa’s most persistent challenges: the gap between perceived and actual investment risk.
Standard Bank Group Chief Executive Officer Sim Tshabalala joined a panel looking at why perceptions of risk could make it more expensive to finance projects in Africa.
The US Chamber of Commerce says the new council aims to bring more investment into African projects, including from African communities living in the US
The business initiative comes as Washington plans to end SA’s preferential trade access on January 1, 2027.
–SABC–
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