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.
–Bloomberg
