SA business leaders push for investments in Africa at B20 USA Summit
The event confronts Africa's challenge of the gap between perceived and actual investment risk.
South African business leaders are advocating for increased investment in Africa at the B20 USA Summit 2026 in Washington, despite South Africa's exclusion from official G20 meetings hosted by the United States. Standard Bank and the US Chamber of Commerce Africa Business Centre are jointly organizing discussions on reducing borrowing and financing costs for projects across the continent.
The summit addresses one of Africa's ongoing challenges: the disparity between perceived and real investment risks. Standard Bank Group CEO Sim Tshabalala participated in a panel examining why risk perceptions can elevate financing costs for African projects. The US Chamber of Commerce announced the formation of a new council to attract more capital to African initiatives, including investments from African diaspora communities residing in the United States.
Concurrently, Washington is set to terminate South Africa's preferential trade access starting January 1, 2027.
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