Pre-WEF Davos 2024 Breakfast Sets the Stage for South Africa’s Digital Vision

JOHANNESBURG, January 11, 2024 – A prelude to the 54th Annual Meeting of the World Economic Forum (WEF) unfolded at the Hilton Hotel in Johannesburg, South Africa, during a breakfast session that brought together ministers, business leaders, and key stakeholders. Chaired by Mr. Enoch Godongwana, Minister of Finance and Coordinator of the SA WEF Davos Delegation, the engagement set the tone for discussions on the pivotal role of Information, Communication, and Technologies (ICTs) and Digital Transformation.

Navigating Uncharted Waters Ahead of WEF Davos 2024

Gathering at a critical turning point in history, participants reflected on the global challenges testing the foundations of stability and security. With a particular focus on the anticipated influence of emerging digital technologies on elections worldwide, the event emphasized the nexus of humanity and prosperity.

WEF Davos 2024 Theme: “Rebuilding Trust”

Against the backdrop of a fractured world, the theme of the 54th Annual Meeting, “Rebuilding Trust,” was unveiled. Four interconnected priorities emerged: achieving security and cooperation, creating growth and jobs, harnessing Artificial Intelligence (AI) for economic and safety advancements, and formulating a long-term strategy for climate change, nature, and energy.

BRICS+ ICT Ministerial Declaration Echoes Collaboration

The event shed light on the BRICS ICT Ministers’ 2023 decision to establish an AI Taskforce, emphasizing the collaborative efforts between WEF and BRICS+ member-states in shaping AI for the global south and its partners.

Insights into Summit of the Future and Digital Global Compact (GDC)

Delegates received insights into the upcoming September 2024 Summit at the UN Headquarters in New York, which aims to chart a path for ensuring AI works for Human Prosperity. The interim document by the UN High Panel outlined key principles on AI and the Global Digital Compact (GDC), focusing on digital transformation and climate change.

South Africa’s Digital Aspirations

The breakfast engagement unveiled South Africa’s commitment to digital transformation. Institutions like the Artificial Intelligence Institute of South Africa (AIISA) and the Centre of Artificial Intelligence Research (CAIR) were introduced as key players working with academia, industry, and civil society to drive local AI innovations.

Strategic Trajectory for Digital Growth

South Africa’s digital trajectory aims to attract investments in internet infrastructure, cloud computing capacities, data centers, and digital skills. The emphasis on creating a conducive environment for investment underscores the nation’s dedication to fostering economic growth and social inclusion through emerging technologies.

Johannesburg Setting for Collaborative Dialogue

Acknowledging the growth of the digital sector, the session recognized the financial challenges associated with expanded digital connectivity. With the event taking place in Johannesburg, South Africa, the spotlight was on the nation’s commitment to collaboration, navigating challenges, and ensuring the benefits of digital connectivity are accessible to a broader population.

Conclusion: A Prelude to Active Contribution at WEF Davos 2024

The breakfast session served as a prelude to South Africa’s active role in the evolving narrative of our interconnected world at WEF Davos 2024. The commitment to collaboration and navigating uncharted waters underscores the nation’s dedication to shaping a prosperous and inclusive digital future.