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© 2014 The European House - Ambrosetti S.p.A. ALL RIGHTS RESERVED. This document is property of TEH-A. It may not be
reproduced, memorized for storage in an electronic data base or transmitted in any form or by any means (electronic, mechanical,
photocopying, recording or other), in whole or in part, without the express written consent of TEH-A.
Strictly Confidential
The African opportunity ... the European opportunity
Can the South African and Italian Economies complement
each other?
Alec Erwin
Chairman, UBU Investment Holdings, former Minister of Public
Enterprises and former Minister of Trade and Industry, South Africa
Cape Town - October 2, 2014
2
2014 - South Africa-Italy Summit
The economies of Africa are growing, and they offer many opportunities
As with all growing economies they need partners to develop key
sectors of those growing economies. Of particular interest are:
□ Basic infrastructure – energy and logistics being key
□ Agriculture
□ Industrialisation
3
2014 - South Africa-Italy Summit
As is the case in all economic partnerships true success requires a serious
approach. So:
 Don’t take for granted the information on Africa
 Do some homework
 Find reliable partners
 In many cases the institutional environment will be unfamiliar but it should not
be a deterrent
 Trying short cuts to the top and using bad practices will be short term and
messy – conduct your business and partnerships as best practice
4
2014 - South Africa-Italy Summit
Europe is a major market and South Africa needs to consolidate and
expand its links with Europe and Central Europe
 As in Africa so in Europe – South Africa needs partners to expand into Europe
 Italy offers such a partnership with its many unique and world class capacities
5
2014 - South Africa-Italy Summit
So there is real scope for a partnership between South Africa and Italy:
 They have mutually compatible strengths
 South Africa is not a magic key to Africa but it does provide many experienced
operators in Africa
 Italy is not a magic key to Europe but it is a major European economy
 Businesses in both economies need to get to know each other better
6
2014 - South Africa-Italy Summit
7
2014 - South Africa-Italy Summit
So it is time to talk …..
THE END

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ERWIN-Alec-_-Geopolitical.pdf

  • 1. © 2014 The European House - Ambrosetti S.p.A. ALL RIGHTS RESERVED. This document is property of TEH-A. It may not be reproduced, memorized for storage in an electronic data base or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or other), in whole or in part, without the express written consent of TEH-A. Strictly Confidential The African opportunity ... the European opportunity Can the South African and Italian Economies complement each other? Alec Erwin Chairman, UBU Investment Holdings, former Minister of Public Enterprises and former Minister of Trade and Industry, South Africa Cape Town - October 2, 2014
  • 2. 2 2014 - South Africa-Italy Summit The economies of Africa are growing, and they offer many opportunities As with all growing economies they need partners to develop key sectors of those growing economies. Of particular interest are: □ Basic infrastructure – energy and logistics being key □ Agriculture □ Industrialisation
  • 3. 3 2014 - South Africa-Italy Summit As is the case in all economic partnerships true success requires a serious approach. So:  Don’t take for granted the information on Africa  Do some homework  Find reliable partners  In many cases the institutional environment will be unfamiliar but it should not be a deterrent  Trying short cuts to the top and using bad practices will be short term and messy – conduct your business and partnerships as best practice
  • 4. 4 2014 - South Africa-Italy Summit Europe is a major market and South Africa needs to consolidate and expand its links with Europe and Central Europe  As in Africa so in Europe – South Africa needs partners to expand into Europe  Italy offers such a partnership with its many unique and world class capacities
  • 5. 5 2014 - South Africa-Italy Summit So there is real scope for a partnership between South Africa and Italy:  They have mutually compatible strengths  South Africa is not a magic key to Africa but it does provide many experienced operators in Africa  Italy is not a magic key to Europe but it is a major European economy  Businesses in both economies need to get to know each other better
  • 6. 6 2014 - South Africa-Italy Summit
  • 7. 7 2014 - South Africa-Italy Summit So it is time to talk ….. THE END