World Business Council





SOUTH AFRICA

South Africa, with a population of approximately 60 million and a GDP of around $420 billion in 2023, is Africa’s most advanced economy. The per capita income is about $7,000.

The economy is diverse, with key sectors including mining, manufacturing, and services. South Africa is a leading exporter of minerals, including gold and platinum.

The country is investing in infrastructure, renewable energy, and technology. Opportunities for foreign direct investment (FDI) are robust, supported by its well-developed financial sector and strategic location as a gateway to Africa.

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