South Africa’s government secured investment pledges of over $13 billion during an investment conference held in Sandton Johannesburg.

  • Political, diplomatic and business leaders from across the world were in the financial district of Sandton for the conference.
  • Over 1,700 people from 22 countries joined the gathering which is the second edition of the government initiative.
  • It was at the inaugural edition of the conference in 2018, that President Cyril Ramaphosa announced his ambitious vision to drive investment of up to $100 billion over a period of 5 years.
  • This year’s edition is this a continuation of the president’s push to improve Africa’s second largest economy and deal with the 29.1% unemployment rate.