African export-focused ‘platform’ for business to be launched

03 December 2014

The Department of Trade and Industry (DTI) is in the throes of establishing a “platform” through which it and other State-owned companies (SOCs) and government organisations can share information on available tenders and contracts in other African States with South African businesses eyeing expansion into the continent.

While African governments provided the DTI, the Department of International Relations and Cooperation, State development finance institutions and other government bodies with “lots of information” on market opportunities in their respective States, these institutions lacked a channel through which this intelligence could be shared, DTI Central and East Africa International Trade and Economic Development divison director Lebogang Makoloi said on Tuesday.

“We receive information on contracts and tenders in many industries, such as manufacturing and services but, as government, we don’t have a way to distribute this, so we send it to the various business chambers on an ad hoc basis.

“We realised that we also needed to create a platform through which private companies can indicate where they are experiencing issues and bottlenecks, and have been working on such a platform for the past year and a half,” he told a Frontier Forum panel discussion, in Sandton.

Read the latest issue

Latest Issue