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US Deputy Treasury Secretary Wally Adeyemo expresses optimism about South Africa's economy post five-day visit, encouraging addressing infrastructure challenges for potential growth.
US Deputy Treasury Secretary Wally Adeyemo expressed optimism about South Africa's economy after a five-day visit, highlighting the positive impact of cooperation between the government and businesses on the country's growth, despite challenges such as electricity shortages, dysfunctional ports, and freight-rail lines.
Adeyemo stated that if South Africa could address these issues, it could surpass expectations.
The US is a major investor in South Africa, with over 600 US companies supporting 230,000 jobs in Africa's biggest economy, emphasizing the importance of the relationship between the US and South Africa.
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El subsecretario del Tesoro de los Estados Unidos, Wally Adeyemo, expresa optimismo sobre la economía de Sudáfrica después de su visita de cinco días y alienta a abordar los desafíos de infraestructura para el crecimiento potencial.