The European House – Ambrosetti (TEHA) and the Gauteng Growth and Development Agency (GGDA) signed a three-year partnership renewal today, 10 November 2026 to support private investment into Gauteng and the wider Southern African region.
The agreement, signed by TEHA Africa CEO Pietro Mininni and GGDA CEO Sthembiso Dlamini, extends a decade of collaboration aimed at connecting European and African businesses with investment opportunities through the TEHA CEO Dialogue.
Speaking at the announcement, Mininni said: “It’s a longstanding collaboration of which we are very proud and honoured. We want to play a role in the coming years to further attract investment in Gauteng and help position the province strategically in international markets.”
Italy’s ambassador to South Africa, Alberto Vecchi, added: “Italy does not view Africa merely as a destination for trade, but as a crucial partner.”
Gauteng MEC for Economic Development, Agriculture and Rural Development, Vuyiswa Ramokgopa, said the province accounted for R2.74 trillion, or 62.5%, of South Africa’s R4.39 trillion in goods trade with the EU between 2021 and 2025.
Since 2015, firms from 19 EU member states have announced 207 investment projects worth R23 billion in Gauteng, linked to more than 18,600 jobs, according to the MEC. Two-way trade with Italy reached R163.6 billion over the past five years, while Italian firms have announced 17 projects in the province since 2015, creating more than 1,000 jobs.
“The new agreement links our partnership to clear and measurable results. We want every dialogue to leave behind a pipeline of projects, not only a great lineup of speakers,” Ramokgopa said.
The GGDA will track investor leads and opportunities arising from each edition of the Dialogue.
Reflecting on Alstom’s nearly four decades in South Africa, its managing director for Southern Africa, Tristan Le Masne, said: “We are one of the proof points that South Africa and the European Union can work together to create jobs.”
TEHA’s 13th CEO Dialogue on Southern Africa takes place on 12 and 13 November at the Marriott Hotel, Melrose Arch. It will bring together more than 200 leaders from business and government to discuss mobilising domestic capital and strengthening regional trade. Infrastructure investment will also feature, alongside opportunities in mining and energy.
For more information visit, www.ambrosetti.eu
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