South Africa : efforts to driving Mideast Investments home

South Africa new economic breath under Ramaphosa’s presidency © RR

Casablanca, (ADV) – South Africa’s President Cyril Ramaphosa, who has concluded his working visit to Nigeria, will continue his official trips to Saudi Arabia and later on to the United Arab Emirates.

“The purpose of the State Visit to the Kingdom of Saudi Arabia is to assess the status of bilateral relations, whilst focusing primarily on strengthening economic linkages between South Africa and Saudi Arabia, particularly in terms of increasing inward investment and diversifying the trade relationship,” the Presidency said on Wednesday.

South Africa is planning to host an investment summit later this year to boost its global investment drive.

Earlier this year, Ramaphosa announced a plan to attract 100 billion U.S. dollars in foreign investment over five years.

© Bur-csa – ADV