The President of the Republic of South Africa, His Excellency Mr Jacob Zuma, will preside over the launch of the African Regional Centre of the New Development Bank (NDB) on 17 August 2017. The President will be joined by the President of the NDB, Mr Kundapur Vaman Kamath, cabinet ministers, NDB executives and other dignitaries.
BRICS countries signed the Agreement establishing the New Development Bank at the Sixth BRICS Summit in July 2014 in Brazil, and the Seventh BRICS Summit marked the entry into force of the Agreement on the New Development Bank. The NDB headquarters were officially opened in Shanghai, China in February 2016.
Another key resolution taken at the Summit was to establish regional offices that would perform the important function of identifying and preparing proposals for viable projects that the Bank could fund in the respective regions.
The first of its kind would be set up in Johannesburg, South Africa. The launch of the African Regional Centre will showcase the NDB’s service offering, highlighting the Bank’s potential role in the area of infrastructure and sustainable development in emerging and developing countries.
Media are invited as follow:
Photo opportunity
Date:17 August 2017
Venue: 135 Daisy Street
Time: 8h30
Press briefing
Date: 17 August 2017
Venue: The Michelangelo Hotel, 163 West Street, Sandown, Sandton
Time: 12h00
NB: Events taking place at Daisy Street will be streamed live to the audience at the Michelangelo Hotel
Please RSVP by the 12 August, with the following information, to: Jabulani Mulambo- Jabulani.Mulambo@treasury.gov.za and cc Mtshalip@dirco.gov.za
- Full Name and Surname
- Media house
- ID /Passport number
Enquiries:
Nelson Kgwete
Cell: 076 431 3078
