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S. Africa Hosts Sixth Investment Conference to Draw Global Capital

(MENAFN) South Africa launched the sixth edition of its Investment Conference on Tuesday at the Sandton Convention Center, attracting over 1,000 delegates from more than 50 countries and regions to explore business and investment opportunities.

As stated by reports, President Cyril Ramaphosa highlighted that the conference offers a platform to showcase the nation’s investment potential and connect investors with tangible opportunities. He noted that despite ongoing global economic uncertainty linked to tensions in the Middle East, South Africa presents “a favorable proposition as a resilient, credible and reform-oriented investment destination.”

The event follows the “three Ds” framework — decarbonization, digitization, and diversification — with improving the ease of doing business as a cross-cutting priority, according to Ramaphosa.

The president also reported that the first five editions of the conference, held between 2018 and 2023, secured 1.5 trillion rand (approximately $88.4 billion), surpassing the initial target of 1 trillion rand. He emphasized, “We are a country in the throes of reform. We are creating the conditions for investment-led growth that is broad-based, inclusive, and durable.”

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