AMENA AFRICA

South Africa

South Africa

Africa’s Industrial Powerhouse

South Africa is the most industrialized country in Africa, with a diverse economy that includes mining, manufacturing, services, and agriculture. The country is a gateway to the southern African region, offering significant investment opportunities.

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Main Economic Opportunities in South Africa

Mining and Resources

Mining is a key sector, contributing about 8% to the GDP and employing over 450,000 people. South Africa is the world’s largest producer of platinum and a leading producer of gold and diamonds

Manufacturing

Manufacturing contributes around 13% to the GDP, with key industries including automotive, chemicals, and food processing. The sector offers opportunities in value addition and exports

Renewable Energy

South Africa is a leader in renewable energy in Africa, with the sector contributing 1.5% to the GDP. The government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has attracted over $14 billion in investments

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South African market overview

South Africa has experienced an average GDP growth of 1.68% over the last 10 years. There are over 30 languages spoken in the country with 11 of them being considered official languages.

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