Ramaphosa ramps up drive for $100 billion of investment


President Cyril Ramaphosa of South Africa hopes to persuade investors to make contributions to his goal of attracting $100 billion into South Africa’s flagging economy within five years at a conference on Friday.

Since the president announced the target in April, China, the UK, UAE, Saudi Arabia and Daimler AG’s Mercedes-Benz unit have pledged $35.5 billion. The investment summit in Johannesburg will end on Saturday.


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