South Africa continues to be a major player on the African continent, despite the dilution of its traditional dominance as new investors pour in from the Middle East, Asia and longstanding markets.
The country is seeking greater traction through its strategic positioning in the African Growth and Continental Free Trade Area AfCFTA. It is well placed to be a major beneficiary of the initiative, being the largest outward investor among African countries and the biggest exporter of manufactured products to other African countries in products such as vehicles, machinery, processed food products and electrical equipment.
Expanding regional trade