Ramaphosa aims to sway investors at #WEFAfrica2016
The deputy president says the main lesson SA's learnt is how important it is to coordinate projects.
KIGALI - Deputy President Cyril Ramaphosa says there are great opportunities for investors in South Africa, if they help create the country's infrastructure.
He says the main lesson South Africa has learnt over the last 20 years, is how important it is to coordinate infrastructure projects.
The deputy president is attending the World Economic Forum (WEF) Africa meeting in Kigali.
Ramaphosa says developing infrastructure is a big opportunity for foreign investors.
"Economic infrastructure has been a key economic driver in our country and we would greatly recommend investors to keep flowing to South Africa because there's money to be made in South African infrastructure."
The deputy president says South Africa's lack of electricity, that led to planned power cuts, was an opening to allow the private sector to create projects that ended up joining the national grid.
He says the power crisis made government work with the private sector.
"That opened a new window of opportunity for economic development which has other benefits at a community level."
WATCH: #WEFAfrica2016: Ramaphosa says SA's come a long way since 1994.
Meanwhile, Development Bank of Southern Africa's deputy chair Frans Baleni says South Africa must make sure it doesn't fall behind other African countries.
"There are certain things where we have to up our game as South Africa and we have put resources aside for infrastructure development. Clearly the economy is not growing as expected."
Baleni says South Africa needs to avoid shocks like the sacking of former finance minister Nhlanhla Nene.
"We should prevent things that hurt our economy as we have to build our economy moving forward."
Earlier this week it emerged that South Africa is now probably the third biggest economy on the continent.
Finance Minister Pravin Gordon is due to talk about pathways to Africa's transformation this morning.